UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands |
9 Months Ended |
Sep. 30, 2017 |
Sep. 30, 2016 |
| Cash flows from operating activities: |
|
|
| Net loss |
$ (10,529)
|
$ (13,161)
|
| Adjustments to reconcile net loss to net cash (used in) operating activities: |
|
|
| Depreciation and amortization |
5,757
|
5,997
|
| Impairment of goodwill and other intangible assets |
|
4,172
|
| Non-cash restructuring charges |
|
345
|
| Equity-based compensation expense |
1,111
|
2,202
|
| Loss on extinguishment of debt |
1,089
|
290
|
| Deferred income taxes |
237
|
(268)
|
| Bad debt expense |
235
|
327
|
| Provision for inventory reserves |
1,355
|
514
|
| Non-cash interest |
975
|
138
|
| Changes in assets and liabilities: |
|
|
| Accounts and financing receivables |
1,143
|
(303)
|
| Inventory, net |
110
|
(1,323)
|
| Accounts payable |
(887)
|
427
|
| Deferred revenue |
(345)
|
(554)
|
| Other |
(1,036)
|
394
|
| Net cash used in operating activities |
(785)
|
(803)
|
| Cash flows from investing activities: |
|
|
| Purchases of property and equipment |
(315)
|
(789)
|
| Capitalized software development and purchases of software |
(1,767)
|
(1,662)
|
| Net cash used in investing activities |
(2,082)
|
(2,451)
|
| Cash flows from financing activities: |
|
|
| Proceeds from long-term debt |
18,591
|
17,000
|
| Principal payments on debt |
(17,000)
|
(19,349)
|
| Principal payments on capital lease obligations |
(168)
|
|
| Exercises, vesting and other equity- based compensation plan activity |
|
486
|
| Payment of taxes on equity-based awards |
(220)
|
(258)
|
| Deferred financing costs paid |
(1,046)
|
(1,038)
|
| Net cash provided by (used in) financing activities |
157
|
(3,159)
|
| Net decrease in cash and cash equivalents |
(2,710)
|
(6,413)
|
| Cash and cash equivalents at beginning of period |
9,285
|
9,285
|
| Cash and cash equivalents at end of period |
6,575
|
2,872
|
| Supplemental disclosures of cash flow information: |
|
|
| Cash paid for interest |
1,307
|
1,047
|
| Net cash paid for income taxes |
9
|
6
|
| Disclosure of non-cash investing and financing activities: |
|
|
| Capital expenditures in accounts payable |
222
|
196
|
| Fixed assets acquired under a capital lease |
|
1,237
|
| Warrants issued to Kenneth Rainin Foundation |
595
|
|
| Warrants issued to Hale Capital |
2,428
|
|
| Transfer of inventory to monitoring equipment |
$ 1,636
|
$ 2,087
|