XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities    
Net loss $ (2,110) $ (2,342)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 971 772
Stock-based compensation expense 586 528
Interest expense paid in kind as convertible note debt 219
Accrued restructuring costs (403)
Income tax benefit (17) (70)
Unrealized currency translation gains (252)
Changes in assets and liabilities:    
Accounts receivable, net 354 840
Prepaid expenses and other current assets 103 63
Other assets 228 (104)
Accounts payable (482) (687)
Accrued payroll and related liabilities 243 203
Other accrued liabilities and other long-term liabilities 383 91
Deferred revenue (216) (212)
Net cash provided by (used in) operating activities 10 (1,321)
Investing activities    
Purchase of property and equipment (7) (22)
Capitalized software development costs, net (569) (329)
Net cash used in investing activities (576) (351)
Financing activities    
Proceeds from issuance of stock, net of issuance costs 4,939
Net employee withholding taxes paid in connection to issuance of restricted stock (24) (20)
Issuance of stock under employee stock purchase plan 4
Credit facility borrowing 3,000
Credit facility payment (1,139)
Repayment of loan (44) (58)
Proceeds from exercise of stock options 1
Issuance of debt, net of costs 144
Net cash provided by financing activities 4,872 1,931
Effect of exchange rate changes on cash (79) (26)
Net increase in cash and cash equivalents 4,227 233
Cash and cash equivalents at beginning of the period 9,429 9,418
Cash and cash equivalents at end of the period 13,656 9,651
Supplemental disclosure of cash flow information:    
Cash paid for interest 63 46
Cash paid for taxes 48 35
Stock Issued in Connection with Loan Guarantee Extension [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 169
Stock Issued Upon Conversion of Convertible Note [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 973
Stock Issued in Connection with Interest on Convertible Note [Member]    
Supplemental disclosure of cash flow information:    
Stock issued 139
Issuance of Common Stock for a Legal Settlement [Member]    
Supplemental disclosure of cash flow information:    
Stock issued $ 35