Cash Flow

v3.19.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities:    
Net loss $ (11,194) $ (12,384)
(Income) loss from discontinued operations 258 (175)
Loss from continuing operations (10,936) (12,559)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 4,361 3,217
Share-based compensation expense 1,109 991
Changes in operating assets and liabilities:    
Accounts receivable, net (744) (267)
Prepaid expenses and other assets (497) (603)
Accounts payable and accrued liabilities 720 1,109
Deferred revenue 670 1,108
Net cash used in operating activities - continuing operations (5,317) (7,004)
Net cash provided by operating activities - discontinued operations 76 175
Net cash used in operating activities (5,241) (6,829)
Investing activities:    
Acquisitions, net of cash acquired, and purchases of intangible assets (1,575)  
Additions to media library, property and equipment (9,763) (9,432)
Net cash used in investing activities (11,338) (9,432)
Financing activities:    
Repayments on line of credit (12,500) (12,500)
Proceeds from issuance of term mortgage, net of issuance costs 16,592  
Proceeds from the issuance of common stock   37,143
Net cash provided by financing activities 4,092 24,643
Net increase (decrease) in cash (12,487) 8,382
Cash at beginning of period 29,964 32,778
Cash at end of period $ 17,477 $ 41,160

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