Cash Flow

v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities:    
Net loss $ (33,793) $ (23,272)
Income from discontinued operations   (429)
Net loss from continuing operations (33,793) (23,701)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 6,989 4,903
Share-based compensation expense 1,650 1,833
Changes in operating assets and liabilities:    
Accounts receivable, net (279) (501)
Prepaid expenses and other assets (811) (2,423)
Accounts payable, accrued liabilities, and deferred taxes 3,146 (1,785)
Deferred revenue 1,713 882
Net cash used in operating activities (21,385) (20,792)
Investing activities:    
Additions to property, equipment and media library (18,859) (12,511)
Additions to intangible assets   (500)
Net cash used in investing activities (18,859) (13,011)
Financing activities:    
Net proceeds from issuance of stock 37,430 54
Drawdowns on line of credit 12,500 12,500
Repayments on line of credit (12,500)  
Net cash provided by financing activities 37,430 12,554
Net decrease in cash (2,814) (21,249)
Cash at beginning of year 32,778 54,027
Cash at end of year 29,964 32,778
Supplemental cash flow information    
Interest paid 59  
Income taxes paid $ 10 69
Deferred tax asset impact on APIC   $ 77

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