Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net loss $ (14,237) $ (4,323)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on discontinued operations 1,663
Provision for bad debts 93
Depreciation and amortization 442 556
Amortization of debt discount and deferred debt issuance costs 3,059 1,750
Stock compensation for services 488 677
Issuance of shares to non-employees for services 12 71
Change in fair value of derivative instruments 2,424 (2,886)
Deferred income taxes (249) 25
Goodwill impairment charges 3,146
Intangible asset impairment charge 797
Gain on conversion of debt (348)
Loss on extinguishment of debt 1,171 843
Gain on disposal of subsidiary (695)
Loss on investment in equity method investee 29
Changes in operating assets and liabilities:    
Accounts receivable 1,596 3,714
Inventory 100 599
Other assets (298) (2,683)
Accounts payable and accrued expenses 1,084 788
Income taxes 10 20
Deferred revenue 452 (903)
Net cash used in operating activities of continuing operations (605) (408)
Net cash used in operating activities of discontinued operations (2,828)
Net cash used in operating activities (605) (3,236)
Cash flows from investing activities:    
Purchases of equipment (29) (20)
Restricted cash (12,190)
Issuance of notes receivable (40) (223)
Proceeds from sale of subsidiary 4,000
Consideration paid for acquisitions, net of cash received 95
Net cash provided by (used in) investing activities of continuing operations 3,931 (12,338)
Net cash provided by investing activities of discontinued operations 21,887
Net cash provided by investing activities 3,931 9,549
Cash flows from financing activities:    
Proceeds from bank borrowings 15
Repayments of bank borrowings (2) (3)
Proceeds from term loans 70
Debt issuance costs on new term loans (50)
Term loan-related repayments from proceeds of sale of subsidiary (3,625)
Repayment of term loans (285) (1,161)
Repayments of receivables purchase agreements (422)
Cancellations of shares issued for interest (1)
Net cash used in financing activities (4,300) (1,164)
Net (decrease) increase in cash (974) 5,149
Cash, beginning of period 1,790 7,944
Cash, end of period 816 13,093
Supplemental disclosures of cash flow information:    
Cash paid for interest 92 2,082
Cash paid for income taxes 1 39
Non-cash investing and financing activities:    
Issuance of shares pursuant to conversion of debt 5,247 1,907
Issuance of warrants pursuant to acquisition 1,000
Addition to debt discount 1,801 1,350
Issuance of shares in lieu of cash compensation $ 206