Cash Flow

v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities:    
Net loss $ (4,388) $ (5,682)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 2,825 3,732
Stock-based compensation 1,195 1,596
Change in fair value of contingent consideration   (1,645)
Other noncash items affecting net income 186 (103)
Changes in operating assets and liabilities, net of the effect of the acquisition:    
(Increase) decrease in trade receivables, net 9 2,683
(Increase) decrease in unbilled contracts receivable (730) 3,912
(Increase) decrease in inventories, net (542) (4,556)
(Increase) decrease in prepaid and other assets (1,514) (1,994)
Increase (decrease) in accounts payable and accrued liabilities (8,253) (6,379)
Net cash used in operating activities (11,212) (8,436)
Cash Flows from Investing Activities:    
Payment of acquisition obligations (137) (284)
Purchase of property and equipment and other (1,403) (652)
Net cash used in investing activities (1,540) (936)
Cash Flows from Financing Activities:    
Proceeds from the issuance of common stock 3,600  
Net proceeds from revolving credit facility 3,474 12,747
Net proceeds from related party notes payable 5,280 7,000
Repayments of notes payable and short-term borrowings (90) (10,180)
Fees pertaining to issuance of debt   (603)
Net cash provided by financing activities 12,264 8,964
Net decrease in cash and cash equivalents (488) (408)
Cash and cash equivalents, beginning of year 945 883
Cash and cash equivalents, end of year $ 457 475
Common Stock | Contingent Consideration    
Non-cash investing and financing activities:    
Issuance of common stock for contingent consideration   $ 554

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