XML 15 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating activities    
Net income (loss) $ (1,535) $ 1,303
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization expense 1,066 755
Amortization of debt financing costs as interest expense 132 127
Change in fair value of derivative financial instruments 0 52
Stock based compensation expense 928 549
Deferred taxes, net 4,166 642
Changes in operating assets and liabilities    
Accounts receivable (427) (2,234)
Other current assets (347) (215)
Accounts payable, accrued payroll, accrued expenses and other current liabilities (31) 1,386
Other long term assets/liabilities 44 124
Net cash provided by operating activities 3,996 2,489
Investing activities    
Acquisition, net of cash acquired 0 (250)
Purchase of equipment and improvements (588) (674)
Net cash used in investing activities (588) (924)
Financing activities    
Repayments on senior debt (4,793) (1,875)
Repayments of capital lease obligations (5) (40)
Proceeds from issuance of stock upon exercise of options 46 14
Net cash used in financing activities (4,752) (1,901)
Net change in cash and cash equivalents (1,344) (336)
Cash and cash equivalents at beginning of period 4,930 3,427
Cash and cash equivalents at end of period 3,586 3,091
Supplemental disclosures of cash flow information    
Cash paid during the period for interest 427 434
Cash paid during the period for income taxes 578 300
Derivative warrant liability reclassified as equity (306) 0
Noncash issuance of stock upon exercise of options $ 25 $ 0