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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 561 $ 249
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 175 202
Amortization of definite-lived intangible assets 98 146
Amortization of capitalized software development costs 234 185
Change in fair value of contingent consideration, net 297 155
Stock-based compensation expense 1,246 488
(Gain)/loss on derivative instruments, net (155) 135
Deferred income taxes 69 72
Loss on sales of equipment, software, and leasehold improvements 0 (1)
Changes in assets and liabilities:    
Contract receivables 4,660 (1,547)
Prepaid expenses and other assets 435 (650)
Accounts payable, accrued compensation and accrued expenses (877) 652
Billings in excess of revenue earned (3,902) 877
Accrued warranty 88 (34)
Other liabilities 125 117
Bad debt expense 118 0
Cash provided by operating activities 3,172 1,046
Cash flows from investing activities:    
Proceeds from sale of equipment, software and leasehold improvements 0 31
Capital expenditures (54) (35)
Capitalized software development costs (88) (186)
Restrictions of cash as collateral under letters of credit 0 (4)
Releases of cash as collateral under letters of credit 181 185
Cash used in investing activities 39 (9)
Cash flows from financing activities:    
Proceeds from issuance of common stock on the exercise of stock options 62 297
Payments on contingent consideration (850) (1,421)
RSUs withheld to pay taxes (874) 0
Cash used in financing activities (1,662) (1,124)
Effect of exchange rate changes on cash 232 (94)
Net increase (decrease) in cash and cash equivalents 1,781 (181)
Cash and cash equivalents at beginning of year 21,747 21,747
Cash and cash equivalents at end of period $ 23,528 $ 10,903