XML 17 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (7,940) $ (7,588)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,090 1,546
Other debt related costs included in interest expense 1,997 758
Termination fees included in payoff of 2013 Loan and Security Agreement 277 0
Provision for bad debt expense 143 26
Share-based compensation expense 548 360
Issuance of common stock in connection with First Amendment to Credit Agreement 50 0
Write-off of SWK Warrant 2 (887) 0
Change in assets and liabilities:    
Accounts receivable (1,981) (3,518)
Inventories (914) 135
Other assets (132) (570)
Accounts payable, accrued expenses and other liabilities (332) 1,955
Net cash used in operating activities (7,081) (6,896)
Cash flows from investing activities:    
Capital expenditures (287) (818)
Acquisition of Accountable Health Solutions 0 (4,000)
Net cash used in investing activities (287) (4,818)
Cash flows from financing activities:    
Borrowings under credit facility 24,528 8,826
Payments under credit facility (23,563) (5,431)
Principal payments on Term Loan (954) 0
Proceeds from issuance of Term Loan 0 5,000
Issuance of common stock and warrants, net of issuance costs 6,183 0
Proceeds related to the exercise of stock options 0 23
Debt issuance costs (36) (377)
Net cash provided by financing activities 6,158 8,041
Net decrease in cash and cash equivalents (1,210) (3,673)
Cash and cash equivalents at beginning of period 2,035 5,201
Cash and cash equivalents at end of period 825 1,528
Supplemental disclosure of non-cash investing activities:    
Fixed assets vouchered but not paid 94 130
Supplemental disclosure of non-cash financing activities:    
Issuance of common stock in connection with the Acquisition 0 3,000
Issuance of common stock in connection with Second Amendment to Credit Agreement 100 0
Debt issuance costs vouchered but not paid 0 500
Payoff of 2013 Loan and Security Agreement by SCM (2,552) 0
Opening outstanding borrowings under 2016 Credit and Security Agreement 3,028 0
Non-cash debt issuance costs $ 550 $ 0