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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (2,846) $ (2,434)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 194 141
Stock-based compensation 168 331
Changes in operating assets and liabilities:    
Accounts receivable, net 1,868 1,302
Prepaid expenses and other assets (176) (359)
Contract assets 75 3
Third-party software fees payable (303) 142
Accounts payable and accrued expenses (382) (27)
Operating lease 416  
Deferred revenue 24 (2,266)
Deferred rent (497) (83)
Net cash used by operating activities (1,459) (3,250)
Cash flows from investing activities:    
Purchases of equipment and furniture (246) (82)
Proceeds from maturities of short-term investments 4,390 6,125
Purchases of short-term investments (5,127) (4,983)
Net cash provided (used) by investing activities (983) 1,060
Cash flows from financing activities:    
Proceeds from exercise of stock options 9 12
Effect of exchange rates on cash (8) 11
Net decrease in cash, restricted cash, and cash equivalents (2,441) (2,167)
Cash, restricted cash, and cash equivalents, beginning of year 10,531 12,859
Cash, restricted cash, and cash equivalents, end of quarter $ 8,090 $ 10,692