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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 $ (2,896) $ (1,418)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 2,553 1,706
Provision for doubtful accounts 150 10
Share-based compensation 225 106
Changes in operating assets and liabilities:    
Accounts receivable (3,486) (1,059)
Inventory (2) 268
Prepaid expenses and other assets (891) 86
Accounts payable (244) (316)
Accrued expenses and other long-term obligations 9 397
Deferred revenue 973 (864)
Net cash used in operating activities (3,609) (1,084)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions net of cash acquired (43,698) (12,000)
Purchases of property and equipment (782) (24)
Collection of note receivable 0 64
Net change in funds held for clients 3,657 (8,106)
Net cash used in investing activities (40,823) (20,066)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from notes payable 45,777 15,335
Payments on notes payable (6,391) (3,274)
Debt financing fees (1,433) (438)
Payments on capital leases (91) (106)
Net proceeds from issuance of common stock 27,916 528
Net change in client fund obligations (3,602) 8,106
Net cash provided by financing activities 62,176 20,151
Effect of foreign exchange rates (92) 124
Net increase (decrease) in cash and cash equivalents 17,652 (875)
Cash and cash equivalents at beginning of period 12,767 1,158
Cash and cash equivalents at end of period 30,419 283
Cash paid for:    
Interest 889 456
Non-cash Investing and Financing Activities:    
Subordinated notes payable –acquisitions 8,165 6,000
Equity issued in connection with acquisitions $ 21,825 $ 0