Cash Flow

v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net income (loss) $ 209 $ (15,338)
Loss from discontinued operations   258
Income (loss) from continuing operations 209 (15,080)
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 9,026 6,849
Share-based compensation expense 1,864 1,597
Gain on sale of real estate (6,125)  
Changes in operating assets and liabilities:    
Accounts receivable (204) (741)
Prepaid expenses and other assets 517 (685)
Accounts payable and accrued liabilities (2,621) 1,572
Deferred revenue 4,531 492
Net cash provided by (used in) operating activities - continuing operations 7,197 (5,996)
Net cash provided by operating activities - discontinued operations   76
Net cash provided by (used in) operating activities 7,197 (5,920)
Investing activities:    
Acquisitions, net of cash acquired, and purchases of intangible assets   (1,575)
Proceeds from sale of real estate 13,150  
Additions to media library, property and equipment (10,369) (14,914)
Net cash provided by (used in) investing activities 2,781 (16,489)
Financing activities:    
Repayment of debt (17,000) (12,500)
Proceeds from issuance of debt, net of issuance costs 4,000 16,592
Proceeds from the issuance of common stock 249  
Net cash provided by (used in) financing activities (12,751) 4,092
Net decrease in cash (2,773) (18,317)
Cash at beginning of period 11,494 29,964
Cash at end of period $ 8,721 $ 11,647

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