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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Mar. 31, 2016
Operating activities      
Net income (loss) $ 324 $ (116)  
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization expense 201 20  
Amortization of debt financing costs 60 0  
Stock based compensation expense 485 332  
Change in fair value of derivative financial instruments (79) 0  
Deferred taxes, net 0 (114)  
Changes in operating assets and liabilities      
Accounts receivable (655) (87)  
Other current assets (83) (23)  
Accounts payable, accrued payroll, accrued expenses and other current liabilities (199) 408  
Other long term assets/liabilities 85 60  
Net cash provided by operating activities 297 480  
Investing activities      
Acquisition of Danya, net of cash acquired (250) 0  
Purchase of equipment and improvements (41) (20)  
Net cash used in investing activities (291) (20)  
Financing activities      
Net repayments on senior debt (938) 0  
Repayments of capital lease obligations (24) (23)  
Net cash used in financing activities (962) (23)  
Net change in cash and cash equivalents (956) 437  
Cash and cash equivalents at beginning of period 3,427 5,558 $ 5,558
Cash and cash equivalents at end of period 2,471 5,995  
Supplemental disclosures of cash flow information      
Cash paid during the period for interest   0 $ 225
Cash paid during the period for income taxes $ 300 $ 119