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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities      
Net income (loss) $ (7,080) $ 10,134 $ (5,610)
Less: Net income (loss) from discontinued operations (180) 9,643 (3,852)
Net income (loss) from continuing operations (6,900) 491 (1,758)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Project Loss 3,394
Right-of-use asset non-cash expense 2,515 1,438 1,199
Deferred income taxes (485) 607 105
Depreciation of property and equipment 820 734 770
Stock-based compensation 3,401 2,902 2,495
Amortization of intangible assets 3,240 2,036 1,255
Loss on disposal of equipment 177 0 0
Other 0 86 (60)
Changes in operating assets and liabilities, net of effects of discontinued operations and acquisitions:      
Trade accounts receivable (6,608) (227) 235
Unbilled accounts receivable and deferred revenue 148 903 (2,353)
Inventories (2,914) (1,085) (124)
Prepaid expenses and other assets (2,495) (1,738) (951)
Trade accounts payable and accrued expenses 2,683 4,168 (409)
Operating lease liabilities (2,569) (1,427) (866)
Net cash provided by (used in) operating activities - continuing operations (5,593) 8,888 (462)
Net cash used in operating activities - discontinued operations (128) (2,398) (3,365)
Net cash provided by (used in) in operating activities (5,721) 6,490 (3,827)
Cash flows from investing activities      
Purchases of property and equipment (466) (601) (409)
Purchase of short-term investments 0 (23,655) (33,786)
Maturities of investments 3,100 32,025 24,225
Capitalized software development costs (1,635) (767) (633)
Cash paid in business acquisition, net of cash acquired 0 (15,000) (5,581)
Net cash provided by (used in) investing activities - continuing operations 999 (7,998) (16,184)
Net cash provided by (used in) investing activities - discontinued operations 1,500 9,740 (59)
Net cash provided by (used in) investing activities 2,499 1,742 (16,243)
Cash flows from financing activities      
Proceeds from stock option exercises 1,330 2,633 256
Proceeds from ESPP purchases 436 448 370
Tax withholding payments for net share settlements of restricted stock units (203) (208) (15)
Proceeds from issuance of common stock, net of costs 0 0 26,751
Net cash provided by financing activities - continuing operations 1,563 2,873 27,362
Net cash provided by financing activities - discontinued operations 0 0 0
Net cash provided by financing activities 1,563 2,873 27,362
Increase (decrease) in cash, cash equivalents and restricted cash (1,659) 11,105 7,292
Cash, cash equivalents and restricted cash at beginning of period 25,468 14,363 7,071
Cash, cash equivalents and restricted cash at end of period 23,809 25,468 14,363
Supplemental cash flow information:      
Income taxes 223 183 63
Supplemental schedule of non-cash investing and financing activities:      
Issuance of common stock for vested restricted stock units 15 15 7
Lease liabilities arising from obtaining right-of-use assets 2,544 689 581
Deferred purchase price receivable 0 1,500 0
Issuance of common stock in connection with acquisition 0 0 4,535
Deferred consideration related to TrafficCast acquisition 0 2,050 0
Working capital adjustment related to TrafficCast acquisition $ 0 $ 681 $ 0