XML 29 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities:    
Net income (loss) $ 719 $ (37)
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for uncollectible accounts 330 (7)
Depreciation 152 51
Deferred income tax 302 (40)
Amortization of intangible assets 444 394
Amortization of acquired inventory valuation 129 0
Amortization of loan costs 5 5
Stock based compensation 236 416
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable (1,002) 1,355
Inventory (131) 19
Prepaid expenses and other current assets (134) (91)
Security deposits and other long term assets (5) (20)
Accounts payable and accrued expenses 171 (841)
Other liabilities 56 0
Net cash provided by operating activities 1,272 1,204
Cash Flows From Investing Activities:    
Acquisition of property and equipment, net of $13 in disposals (253) (38)
Acquisitions (1,935) (2,321)
Net cash used in investing activities (2,188) (2,359)
Cash Flows From Financing Activities:    
Dividends Paid 0 (7)
Repayments of term loan (491) (629)
Proceeds from sale of Series C Preferred Stock 0 1,500
Proceeds from stock option exercise 5 45
Line of credit, proceeds, net 2,234 504
Repayment of notes payable - related party (36) (500)
Net cash provided by in financing activities 1,712 913
Net increase (decrease) in cash 796 (242)
Cash at beginning of the period 585 988
Cash at end of period 1,381 746
Cash paid during the period for:    
Interest 360 229
Income taxes 81 62
Non-cash investing activities:    
Contingent earn-out acquisition 50 498
Subordinated Promissory notes of Honor 456 0
Non-cash financing activities:    
Dividends declared to preferred stockholders 270 190
Vested restricted stock unissued $ 236 $ 0