Cash Flow

v3.5.0.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net loss $ (2,114) $ (3,819)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 307 415
Amortization of intangible and other assets 4,195 2,976
Reacquired common stock issued for acquisitions   (547)
Stock-based compensation 1,485 2,082
Change in fair value of contingent consideration (69) 739
Other noncash items affecting net loss 181  
Changes in operating assets and liabilities, net of the effect of acquisitions (Note 2):    
Increase in trade accounts receivable, net (5,321) (8,289)
Increase in unbilled contracts receivable (2,926)  
Increase in inventories, net (1,722) (2,955)
Increase in prepaid and other assets (2,507) (5,690)
(Increase) decrease in other assets 82 (77)
Increase (decrease) in accounts payable and accrued liabilities 4,338 (2,639)
Cash used in operating activities (4,071) (17,804)
Cash Flows from Investing Activities:    
Acquisition of business and other, net of cash acquired (10,413) (10,248)
Payment of acquisition obligations (1,015)  
Purchase of property and equipment (220) (420)
Proceeds from the sale of assets 2  
Cash used in investing activities (11,646) (10,668)
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock, net of issuance costs 16,192 9,525
Net proceeds from revolving credit facility 3,487 14,096
Repayments of note payable (270) (300)
Cash provided by financing activities 19,409 23,321
Net increase (decrease) in cash and cash equivalents 3,692 (5,151)
Cash and cash equivalents at beginning of period 219 6,033
Cash and cash equivalents at end of period 3,911 882
Non-cash investing and financing activities:    
Contingent consideration and other 5,132  
Issuance of stock $ 6,434 6,047
Deferred consideration for acquisition   $ 500

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