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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash flows from operating activities:      
Net loss $ (3,434) $ (2,205)  
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation 72 76  
Amortization of intangible assets 260 340 $ 300
Amortization of capitalized software development costs 83 97  
Amortization of deferred financing costs 3 3  
Amortization of debt discount 129 0  
Stock-based compensation expense 408 38  
Bad debt expense 0 4  
Change in fair value of derivative instruments, net 581 0  
Deferred income taxes 55 0  
Changes in assets and liabilities:      
Contract receivables, net 846 (1,259)  
Prepaid expenses and other assets 943 (1,737)  
Accounts payable, accrued compensation and accrued expenses 1,028 1,111  
Billings in excess of revenue earned 150 (340)  
Accrued warranty 15 (156)  
Other liabilities (56) 2,070  
Net cash provided by (used in) operating activities 1,083 (1,958)  
Cash flows from investing activities:      
Capital expenditures (81) (153)  
Capitalized software development costs (106) (72)  
Net cash used in investing activities (187) (225)  
Cash flows from financing activities:      
Repayment of line of credit (1,817) (500)  
Payment of insurance premium (282) (203)  
Proceeds from issuance of long-term note, net of debt issuance cost and original issue discount 4,782 0  
Shares withheld to pay taxes (86) (28)  
Net cash provided by (used in) financing activities 2,597 (731)  
Effect of exchange rate changes on cash (12) (39)  
Net increase (decrease) in cash, cash equivalents and restricted cash 3,481 (2,953)  
Cash, cash equivalents and restricted cash at beginning of the period 3,550 6,702 6,702
Cash, cash equivalents and restricted cash at the end of the period 7,031 3,749 3,550
Cash and cash equivalents 5,448 3,749 3,550
Restricted cash included in other long-term assets 1,583 0 0
Total cash, cash equivalents, and restricted cash 7,031 3,749 $ 3,550
Non-cash financing activities      
Discount on issuance of Convertible Note $ 750 $ 0