Cash Flow

v3.19.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net loss $ (6,726) $ (6,035)
(Income) loss from discontinued operations 315 (93)
Net loss from continuing operations (6,411) (6,128)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 2,220 1,550
Share-based compensation expense 594 254
Changes in operating assets and liabilities:    
Accounts receivable, net (571) (250)
Prepaid expenses and other assets 658 (981)
Accounts payable and accrued liabilities (196) 1,481
Deferred revenue 946 1,091
Net cash used in operating activities – continuing operations (2,760) (2,983)
Net cash provided by operating activities – discontinued operations 19 93
Net cash used in operating activities (2,741) (2,890)
Investing activities:    
Additions to media library, property and equipment (4,924) (4,058)
Net cash used in investing activities (4,924) (4,058)
Financing activities:    
Drawdowns on line of credit 12,500  
Repayments on line of credit (12,500) (12,500)
Proceeds from issuance of common stock, net   37,341
Net cash provided by financing activities   24,841
Net increase (decrease) in cash (7,665) 17,893
Cash at beginning of period 29,964 32,778
Cash at end of period $ 22,299 $ 50,671

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