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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (1,485) $ 628
Adjustments to reconcile net income to net cash provided by (used in) operating activities -    
Depreciation and amortization 1,027 341
Amortization of debt discount 140  
Provision for bad debts 373 20
Accretion of asset retirement obligation 182  
Provision for deferred income taxes (617) 246
Noncash compensation   57
Loss on sale of property and equipment 78  
Changes in assets and liabilities -    
Accounts receivable 335 2,709
Prepaid expenses and other current assets 909 (676)
Other assets 587 62
Accounts payable and accrued liabilities (2,783) 79
Deferred revenue (182) 199
Income taxes   43
Other liabilities (127) (120)
Net cash provided by (used in) operating activities (1,563) 3,588
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (197) (80)
Net cash used in investing activities (197) (80)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of long-term debt (918)  
Proceeds from long-term debt 5,181  
Payments for debt-related costs (181)  
Net transactions with Emmis Communications Corp.   (3,508)
Net cash (used in) provided by financing activities 4,082 (3,508)
INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 2,322 0
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 2,083 0
End of period 4,405 $ 0
SUPPLEMENTAL DISCLOSURES:    
Cash paid for interest $ 1,148