Consolidated Statements of Cash Flows (Unaudited) - USD ($)
|
9 Months Ended |
Sep. 30, 2015 |
Sep. 30, 2014 |
| Cash flows from operating activities |
|
|
| Net loss |
$ (10,824)
|
$ (46,022)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization |
3,024
|
$ 5,399
|
| Gain on sale of discontinued operations |
(2,340)
|
|
| Gain (loss) on change in warrant liability |
$ (1,303)
|
$ (183)
|
| Impairment of intangible assets and goodwill |
|
$ 24,422
|
| Impairment of fixed assets |
$ 160
|
|
| Stock-based compensation |
$ 1,197
|
$ 1,483
|
| Non-cash treasury stock |
|
(480)
|
| Non-cash loan origination fees |
$ 742
|
171
|
| Non-cash consulting expense |
320
|
385
|
| Non-cash directors' fees |
31
|
$ 116
|
| Allowance for doubtful accounts |
460
|
|
| Deferred tax (benefit) |
7
|
$ (212)
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable |
4,745
|
11,167
|
| Inventory |
249
|
1,713
|
| Other current assets |
88
|
$ 31
|
| Non-current deferred tax assets |
(32)
|
|
| Other assets, net |
(293)
|
$ 11
|
| Accounts payable |
(2,405)
|
(3,236)
|
| Accrued liabilities |
329
|
(94)
|
| Deferred revenue |
(579)
|
(2,181)
|
| Loss (gain) on long-term contract |
(1,840)
|
2,204
|
| Deferred rent and other liabilities |
(522)
|
514
|
| Net cash used in operating activities |
(8,786)
|
$ (4,792)
|
| Cash flows from investing activities |
|
|
| Proceeds from sale of discontinued operations |
1,190
|
|
| Purchases of property and equipment |
(356)
|
$ (2,300)
|
| Net cash used in investing activities |
834
|
(2,300)
|
| Cash flows from financing activities |
|
|
| Proceeds from long-term debt |
1,000
|
$ 4,000
|
| Conversion of preferred to common stock |
(41)
|
|
| Issuance of preferred shares, net of issuance costs |
9,627
|
|
| Net cash provided by financing activities |
10,586
|
$ 4,000
|
| Effect of exchange rate changes on cash |
3
|
(98)
|
| Net increase (decrease) in cash and cash equivalents |
2,637
|
(3,190)
|
| Cash and cash equivalents, beginning of period |
3,077
|
8,236
|
| Cash and cash equivalents, end of period |
$ 5,714
|
$ 5,046
|