Cash Flow

v3.7.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net loss $ (12,491) $ (10,064)
Income from discontinued operations   2,854
Loss from continuing operations (12,491) (7,210)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 2,171 1,911
Share-based compensation expense 848 90
Changes in operating assets and liabilities:    
Accounts receivable, net (234) (97)
Prepaid expenses and other assets (110) (419)
Accounts payable and accrued liabilities (2,542) 479
Deferred revenue 744 443
Net cash used in operating activities – continuing operations (11,614) (4,803)
Net cash provided by operating activities – discontinued operations   3,251
Net cash used in operating activities (11,614) (1,552)
Investing activities:    
Additions to media library, property and equipment (5,582) (3,951)
Proceeds from the sale of Natural Habitat   11,333
Net cash provided by (used in) investing activities—continuing operations (5,582) 7,382
Net cash used in investing activities—discontinued operations   (319)
Net cash provided by (used in) investing activities (5,582) 7,063
Financing activities:    
Proceeds from the issuance of stock 30 1,379
Drawdowns on line of credit   3,000
Repayments on line of credit   (3,000)
Dividends paid to noncontrolling interest   (1,944)
Net cash provided by (used in) financing activities 30 (565)
Net increase (decrease) in cash (17,166) 4,946
Cash at beginning of period 54,027 1,266
Cash at end of period $ 36,861 $ 6,212

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