Cash Flow

v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities:    
Net income (loss) $ 222 $ (3,797)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 2,575 2,621
Amortization of discount on warrants 150 136
Deferred rent and tenant improvement allowances 306 885
Deferred taxes (1) 1
(Income) from equity method investments (111) (156)
Gain on disposition of cost method investment (185) 0
Stock-based compensation 1,005 744
Changes in operating assets and liabilities:    
Accounts receivable (532) (206)
Inventory 209 140
Prepaid expenses and other current assets (301) 95
Due from related parties, net (208) 375
Security deposits (59) (12)
Other assets (213) 235
Accounts payable 496 3,117
Accrued expenses (423) 1,603
Deferred revenue 477 801
Net cash provided by operating activities 3,407 6,582
Investing activities:    
Purchase of property and equipment (3,238) (4,114)
Distribution from equity method investment 40 0
Proceeds from disposition of cost method investment 600 0
Net cash used in investing activities (2,598) (4,114)
Financing activities:    
Proceeds from business loan and security agreement 0 1,000
Repayment of term loan (2,108) (2,121)
Repayment of equipment financing agreement (264) (248)
Repayment of business loan and security agreement (62) (648)
Issuance of common stock 1,223 0
Distributions to non-controlling interests 0 (410)
Net cash used in financing activities (1,211) (2,427)
Effect of exchange rate changes on cash (178) 160
Net (decrease) increase in cash and cash equivalents (580) 201
Cash and cash equivalents, beginning of period 1,548 1,598
Cash and cash equivalents, end of period 968 1,799
Supplemental disclosure of cash flow data:    
Interest paid 722 747
Income taxes paid 458 0
Noncash investing and financing activities:    
Noncash debt issuance costs $ 0 $ 35

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