Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
3 Months Ended |
Mar. 31, 2019 |
Mar. 31, 2018 |
| Cash Flows from Operating Activities |
|
|
| Net loss |
$ (1,884)
|
$ (1,711)
|
| Adjustment to reconcile net loss to net cash provided by operating activities: |
|
|
| Depreciation |
4
|
73
|
| Amortization of intangibles |
751
|
519
|
| Adoption of accounting standards |
|
1,287
|
| Stock based compensation |
|
30
|
| Gain on the settlement of vendor liabilities |
|
(126)
|
| Amortization of debt discount |
|
299
|
| Provision for doubtful accounts |
|
16
|
| Other |
|
(45)
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable |
151
|
1,156
|
| Other receivables |
1
|
3
|
| Prepaid assets and other current assets |
5
|
150
|
| Prepaid licenses and maintenance contracts |
|
6,902
|
| Other assets |
(9)
|
(3)
|
| Accounts payable |
(3,622)
|
(2,821)
|
| Accrued liabilities |
(12)
|
(2,343)
|
| Accrued issuable equity |
(43)
|
|
| Deferred revenue |
|
(8,190)
|
| Other liabilities |
|
(577)
|
| Total Adjustments |
(2,774)
|
(3,670)
|
| Net Cash Used In Operating Activities |
(4,658)
|
(5,381)
|
| Cash Flows From Financing Activities |
|
|
| Related party advances |
4,822
|
|
| Repayments on revolver line of credit |
(96)
|
|
| Net distributions from (to) parent |
|
5,689
|
| Net Cash Provided by Financing Activities |
4,726
|
5,689
|
| Net Increase in Cash |
68
|
308
|
| Cash – beginning of period |
6
|
22
|
| Cash – end of period |
74
|
330
|
| Cash paid for: |
|
|
| Interest |
5
|
21
|
| Income taxes |
|
|