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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (2,205) $ (6,258)  
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Loss on impairment 0 4,302  
Depreciation 76 108 $ 108
Amortization of intangible assets 340 670  
Amortization of capitalized software development costs 97 75  
Amortization of deferred financing costs 3 0  
Stock-based compensation expense 38 147  
Bad debt expense 4 93  
(Gain) loss on derivative instruments, net 0 43  
Deferred income taxes 0 57  
Changes in assets and liabilities:      
Contract receivables, net (1,259) 3,453  
Prepaid expenses and other assets (1,737) 525  
Accounts payable, accrued compensation and accrued expenses 1,111 (121)  
Billings-in-excess of revenue earned (340) (1,220)  
Accrued warranty (156) (26)  
Other liabilities 2,070 (207)  
Net cash (used in) provided by operating activities (1,958) 1,641  
Cash flows from investing activities:      
Capital expenditures (153) (1)  
Capitalized software development costs (72) (61)  
Net cash used in investing activities (225) (62)  
Cash flows from financing activities:      
Proceeds from line of credit 0 3,500  
Repayment of line of credit (500) 0  
Payment of insurance premium (203) 0  
Repayment of long-term debt 0 (5,162)  
Shares withheld to pay taxes (28) (51)  
Net cash used in financing activities (731) (1,713)  
Effect of exchange rate changes on cash (39) (197)  
Net decrease in cash and cash equivalents (2,953) (331)  
Cash, cash equivalents at beginning of the period 6,702 11,691 11,691
Cash and cash equivalents at the end of the period $ 3,749 $ 11,360 $ 6,702