Cash Flow

v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net loss $ (3,580) $ (6,726)
Loss from discontinued operations   315
Loss from continuing operations (3,580) (6,411)
Adjustments to reconcile net loss from continuing operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 2,969 2,220
Share-based compensation expense 465 594
Changes in operating assets and liabilities:    
Accounts receivable 366 (571)
Prepaid expenses and other assets 134 658
Accounts payable and accrued liabilities (1,000) (196)
Deferred revenue 2,652 946
Net cash provided by (used in) operating activities - continuing operations 2,006 (2,760)
Net cash provided by operating activities - discontinued operations   19
Net cash provided by (used in) operating activities 2,006 (2,741)
Investing activities:    
Additions to media library, property and equipment (3,601) (4,924)
Net cash used in investing activities (3,601) (4,924)
Financing activities:    
Repayments on line of credit   (12,500)
Drawdowns on line of credit   12,500
Proceeds from the issuance of common stock 120  
Net cash provided by financing activities 120  
Net decrease in cash (1,475) (7,665)
Cash at beginning of period 11,494 29,964
Cash at end of period $ 10,019 $ 22,299

Source