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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 5,057 $ 4,002
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangible assets 201 371
Amortization of costs capitalized to obtain revenue contracts 607 481
Amortization of deferred financing costs   242
Amortization of right-of-use assets 1,145  
Depreciation 220 293
Provision of doubtful accounts 127 263
Deferred income taxes (197) (380)
Stock-based compensation 1,393 1,197
Loss (gain) on disposal of property and equipment (2) 69
Changes in operating assets and liabilities:    
Accounts receivable 6,715 (7,818)
Costs capitalized to obtain revenue contracts (1,018) (742)
Prepaid expenses 572 151
Other current assets 435 (219)
Other non-current assets 149 (85)
Accounts payable (2,369) (217)
Accrued compensation 780 337
Accrued liabilities 745 (218)
Deferred revenue (5,043) 10,266
Operating lease liabilities (1,217)  
Other long-term liabilities 152 (23)
Net cash provided by operating activities 8,452 7,970
Cash flows from investing activities:    
Purchase of property and equipment (339) (272)
Net cash used in investing activities (339) (272)
Cash flows from financing activities:    
Payments on bank borrowings (31) (16,869)
Proceeds from bank borrowings 31 7,435
Payments on capital lease obligations   (41)
Proceeds from exercise of employee stock options 334 975
Proceeds from employee stock purchase plan 448  
Proceeds from follow-on public offering, net of issuance costs   20,392
Net cash provided by financing activities 782 11,892
Effect of change in exchange rates on cash and cash equivalents (98) (10)
Net increase in cash, cash equivalents and restricted cash 8,797 19,580
Cash, cash equivalents and restricted cash at beginning of period 31,867 11,504
Cash, cash equivalents and restricted cash at end of period 40,664 31,084
Supplemental cash flow disclosures:    
Cash paid for interest 2 211
Cash paid for taxes, net of tax refunds $ 188 $ 189