Cash Flow

v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating activities:      
Net loss $ (4,468) $ (6,105) $ (11,194)
Loss from discontinued operations (57)   258
Loss from continuing operations (4,525) (6,105) (10,936)
Adjustments to reconcile net loss from continuing operations to net cash provided by (used in) operating activities:      
Depreciation and amortization   6,022 4,361
Share-based compensation expense   1,528 1,109
Changes in operating assets and liabilities:      
Accounts receivable   (307) (744)
Prepaid expenses and other assets   391 (497)
Accounts payable and accrued liabilities   (1,960) 720
Deferred revenue   4,295 670
Net cash provided by (used in) operating activities - continuing operations   3,864 (5,317)
Net cash provided by operating activities - discontinued operations     76
Net cash provided by (used in) operating activities   3,864 (5,241)
Investing activities:      
Acquisitions, net of cash acquired, and purchases of intangible assets     (1,575)
Additions to media library, property and equipment   (7,081) (9,763)
Net cash used in investing activities   (7,081) (11,338)
Financing activities:      
Repayments on line of credit     (12,500)
Proceeds from issuance of term mortgage, net of issuance costs     16,592
Proceeds from the issuance of common stock   181  
Net cash provided by financing activities   181 4,092
Net decrease in cash   (3,036) (12,487)
Cash at beginning of period   11,494 29,964
Cash at end of period $ 17,477 $ 8,458 $ 17,477

Source