XML 56 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (7,588) $ (6,806)
Adjustments to reconcile net loss to net cash used in operating activities:    
Adjustment to gain on sale of Portamedic 0 (1,204)
Gain on sale of real estate, net 0 (1,830)
Depreciation and amortization 1,546 912
Amortization of debt discount 430 0
Amortization of deferred financing fees 328 260
Provision for bad debt expense 26 195
Share-based compensation expense 360 454
Loss on disposal of fixed assets and other 0 83
Change in assets and liabilities:    
Accounts receivable (3,518) (41)
Inventories 135 (510)
Other assets (570) 461
Accounts payable, accrued expenses and other liabilities 1,955 3,093
Net cash used in operating activities (6,896) (4,933)
Cash flows from investing activities:    
Capital expenditures (818) (780)
Proceeds from the sale of real estate, net of closing costs 0 2,544
Proceeds from the sale of Heritage Labs and Hooper Holmes Services 0 3,289
Costs paid to sell Heritage Labs and Hooper Holmes Services 0 (777)
Acquisition of Accountable Health Solutions (4,000) 0
Proceeds from the sale of Portamedic 0 743
Net cash (used in) provided by investing activities (4,818) 5,019
Cash flows from financing activities:    
Borrowings under credit facility 8,826 0
Payments under credit facility (5,431) 0
Proceeds from issuance of Term Loan 5,000 0
Payments on capital lease obligations 0 (4)
Proceeds related to the exercise of stock options 23 30
Debt financing fees (377) 0
Net cash provided by financing activities 8,041 26
Net decrease in cash and cash equivalents (3,673) 112
Cash and cash equivalents at beginning of period 5,201 3,970
Cash and cash equivalents at end of period 1,528 4,082
Supplemental disclosure of non-cash investing activities:    
Fixed assets vouchered but not paid 130 67
Debt financing fees vouchered but not paid 500 0
Supplemental disclosure of non-cash financing activities:    
Issuance of common stock in connection with the Acquisition $ 3,000 $ 0