Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands |
6 Months Ended |
Jun. 30, 2020 |
Jun. 30, 2019 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net loss |
$ (7,707)
|
$ (4,731)
|
| Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities: |
|
|
| Depreciation and amortization |
5,512
|
5,473
|
| Asset impairment |
0
|
226
|
| Stock-based compensation expense |
760
|
655
|
| Provision for deferred income taxes |
59
|
40
|
| Change in allowance for doubtful accounts |
20
|
34
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable, net |
7,019
|
3,639
|
| Prepaid expenses and other assets |
(618)
|
(23)
|
| Operating lease right-of-use assets and liabilities, net |
(102)
|
36
|
| Accounts payable, accrued expenses and other liabilities |
(4,170)
|
(4,030)
|
| Deferred revenue |
(1,619)
|
193
|
| Net cash (used in) provided by operating activities |
(846)
|
1,512
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
| Purchases of property and equipment |
(1,972)
|
(2,444)
|
| Net cash used in investing activities |
(1,972)
|
(2,444)
|
| CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
| Repayments on long-term debt and finance leases |
(1,968)
|
(1,585)
|
| Proceeds from exercise of common stock options |
0
|
40
|
| Purchase of treasury stock and shares received to satisfy minimum tax withholdings |
(40)
|
(6)
|
| Net cash used in financing activities |
(2,008)
|
(1,551)
|
| Effect of exchange rate changes on cash and cash equivalents |
(162)
|
(21)
|
| NET DECREASE IN CASH AND CASH EQUIVALENTS |
(4,988)
|
(2,504)
|
| Cash and cash equivalents, beginning of period |
10,966
|
15,921
|
| Cash and cash equivalents, end of period |
5,978
|
13,417
|
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: |
|
|
| Cash paid for interest |
108
|
120
|
| Cash paid for income taxes |
314
|
403
|
| SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING TRANSACTIONS: |
|
|
| Minimum long-term debt and finance lease payments in accounts payable |
267
|
88
|
| Accrued property and equipment expenditures |
$ 5
|
$ 188
|