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
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net loss $ (26,317) $ (17,658)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on discontinued operations (465)
Provision for bad debts 255 100
Depreciation and amortization 707 1,112
Amortization of debt discount and deferred debt issuance costs 3,644 3,906
Stock compensation for services 977 1,309
Issuance of shares to non-employees for services 12 71
Change in fair value of derivative instruments 3,545 (4,796)
Deferred income taxes (398) (51)
Goodwill impairment charge 3,767
Intangible asset impairment charge 959
Gain on conversion of debt (348)
Loss on extinguishment of debt 1,054 7,812
Loss on disposal of subsidiary 5,226
Loss on investment in equity method investee 29
Changes in operating assets and liabilities:    
Accounts receivable 2,511 (1,333)
Inventory 165 816
Other assets (2,811) (1,760)
Accounts payable and accrued expenses 2,405 941
Deferred revenue 1,933 (1,634)
Net cash used in operating activities of continuing operations (2,366) (11,949)
Net cash used in operating activities of discontinued operations 414
Net cash used in operating activities (2,366) (11,535)
Cash flows from investing activities:    
Purchases of equipment (29) (107)
Restricted cash (12,190)
Issuance of notes receivable 63 (1,644)
Cash proceeds from sale of Highwire 4,000
Cash proceeds from sale of SDNE 422
Restricted cash proceeds from sale of SDNE 1,000
Net cash paid upon disposal of the AWS Entities (105)
Net cash paid upon the disposal of Nottingham (8)  
Consideration paid for acquisitions, net of cash received 95
Net cash provided by (used in) investing activities of continuing operations 5,343 (13,846)
Net cash provided by investing activities of discontinued operations 21,887
Net cash provided by investing activities 5,343 8,041
Cash flows from financing activities:    
Proceeds from bank borrowings 15
Repayments of bank borrowings (4) (6)
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) (2,011)
Repayments of receivables purchase agreements (480)
Cancellations of shares issued for interest (1)
Repurchase of common stock (1)
Net cash used in financing activities (4,360) (2,018)
Net decrease in cash (1,383) (5,512)
Cash, beginning of period 1,790 7,944
Cash, end of period 407 2,432
Supplemental disclosures of cash flow information:    
Cash paid for interest 152 2,572
Cash paid for income taxes 39 83
Non-cash investing and financing activities:    
Issuance of shares pursuant to conversion of debt 5,247 2,207
Issuance of warrants pursuant to acquisition 1,000
Addition to debt discount 1,826 1,581
Issuance of shares in lieu of cash compensation 206
Issuance of shares pursuant to loan covenants $ 828