Cash Flow

v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income (loss) $ (2,173) $ 1,648
Loss from discontinued operations 300  
Income (loss) from continuing operations (1,873) 1,648
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,009 9,641
Share-based compensation expense 1,267 1,236
Changes in operating assets and liabilities:    
Accounts receivable (393) (565)
Prepaid expenses and other current assets (752) (117)
Accounts payable and accrued liabilities (1,612) 989
Deferred revenue (273) 1,754
Net cash provided by operating activities - continuing operations 8,373 14,586
Net cash used in operating activities - discontinued operations (300)  
Net cash provided by operating activities 8,073 14,586
Investing activities:    
Additions to media library, software and equipment (14,056) (13,355)
Acquisitions, net of cash acquired, and purchase of intangible assets (847)  
Net cash used in investing activities (14,903) (13,355)
Financing activities:    
Repayment of debt (141) (160)
Proceeds from short term borrowings 7,500  
Proceeds from the issuance of common stock 43 752
Net cash provided by financing activities 7,402 592
Net change in cash 572 1,823
Cash at beginning of period 10,269 12,605
Cash at end of period 10,841 14,428
Supplemental cash flow information    
Interest paid $ 201 $ 198

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