Cash Flow

v3.23.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net loss $ (3,449) $ (2,173)
Loss from discontinued operations   300
Loss from continuing operations (3,449) (1,873)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 12,702 12,009
Share-based compensation expense 599 1,267
Changes in operating assets and liabilities:    
Accounts receivable (874) (393)
Prepaid expenses and other current assets (1,821) (752)
Accounts payable and accrued liabilities 1,714 (1,612)
Deferred revenue 1,210 (273)
Net cash provided by operating activities - continuing operations 10,081 8,373
Net cash used in operating activities - discontinued operations   (300)
Net cash provided by operating activities 10,081 8,073
Investing activities:    
Additions to media library, software and equipment (10,371) (14,056)
Acquisitions, net of cash acquired, and purchase of intangible assets   (847)
Net cash used in investing activities (10,371) (14,903)
Financing activities:    
Repayment of debt (19,985) (141)
Proceeds from short term borrowings 19,900 7,500
Proceeds from the issuance of common stock 42 43
Net cash provided by (used in) financing activities (43) 7,402
Net change in cash (333) 572
Cash at beginning of period 11,562 10,269
Cash at end of period 11,229 10,841
Supplemental cash flow information    
Interest paid 394 $ 201
Value of shares issued for acquisition of content added to Media Library $ 669  

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