XML 26 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities    
Net loss $ (4,993,000) $ (4,286,000)
Loss (income) from discontinued operations 1,587,000 (28,000)
Net loss from continuing operations (3,406,000) (4,314,000)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities-continuing operations:    
Depreciation 1,156,000 982,000
Amortization 1,229,000 1,239,000
Share-based compensation expense 473,000 715,000
Gain on sale of investments 0 (1,480,000)
Loss (gain) on remeasurement of foreign currency 343,000 (36,000)
Other 25,000  
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable, net 14,326,000 8,157,000
Inventory, less allowances 3,264,000 2,015,000
Other current and long term assets (7,668,000) (5,235,000)
Accounts payable (7,207,000) (2,199,000)
Accrued liabilities 6,311,000 (1,917,000)
Net cash provided by (used in) operating activities-continuing operations 8,846,000 (2,073,000)
Net cash used in operating activities-discontinued operations (1,305,000) (818,000)
Net cash provided by (used in) operating activities 7,541,000 (2,891,000)
Investing activities    
Proceeds from sale of investments   2,646,000
Purchase of property, equipment and media rights (4,213,000) (2,411,000)
Net cash (used in) provided by investing activities (4,213,000) 235,000
Financing activities    
Proceeds from issuance of stock 151,000 1,326,000
Dividends paid to noncontrolling interest (486,000) (150,000)
Net cash (used in) provided by financing activities (335,000) 1,176,000
Effect of exchange rates on cash (339,000) 101,000
Net change in cash 2,654,000 (1,379,000)
Cash at beginning of period 15,772,000 32,229,000
Cash at end of period 18,426,000 30,850,000
Supplemental cash flow information    
Income taxes paid 594,000 424,000
Interest paid $ 2,000 $ 22,000