Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net loss $ (6,180) $ (7,624)
Income from discontinued operations   3,498
Net loss from continuing operations (6,180) (4,126)
Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:    
Depreciation and amortization 1,041 923
Loss on remeasurement of foreign currency   (945)
Share-based compensation expense 413 140
Changes in operating assets and liabilities:    
Accounts receivable, net (211) 66
Prepaid expenses and other assets 125 242
Accounts payable and accrued liabilities (2,004) (1,721)
Deferred revenue 625 377
Net cash used in operating activities – continuing operations (6,191) (5,044)
Net cash provided by operating activities – discontinued operations   8,048
Net cash provided by (used in) operating activities (6,191) 3,004
Investing activities:    
Additions to media library, property and equipment (2,456) (1,845)
Net cash used in investing activities—continuing operations (2,456) (1,845)
Net cash used in investing activities—discontinued operations   (196)
Net cash used in investing activities (2,456) (2,041)
Financing activities:    
Drawdowns on line of credit   2,000
Repayments on line of credit   (2,000)
Dividends paid to noncontrolling interest   (1,944)
Net cash used in financing activities   (1,944)
Effect of exchange rates on cash   48
Net decrease in cash (8,647) (933)
Cash at beginning of period 54,027 1,266
Cash at end of period $ 45,380 $ 333