XML 15 R5.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities    
Net income (loss) $ 2,955 $ (1,535)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization expense 1,123 1,066
Amortization of deferred financing costs 534 132
Stock based compensation expense 392 928
Deferred taxes, net 978 4,166
Changes in operating assets and liabilities    
Accounts receivable 884 (427)
Other current assets (749) (347)
Accounts payable, accrued expenses, and other current liabilities 589 (31)
Other long term assets/liabilities 73 44
Net cash provided by operating activities 6,779 3,996
Investing activities    
Purchase of equipment and improvements (4) (588)
Net cash used in investing activities (4) (588)
Financing activities    
Repayments on senior debt (7,708) (4,793)
Repayments of capital lease obligations 0 (5)
Proceeds from issuance of common stock upon exercise of options 39 46
Net cash used in financing activities (7,669) (4,752)
Net change in cash and cash equivalents (894) (1,344)
Cash and cash equivalents at beginning of period 6,355 4,930
Cash and cash equivalents at end of period 5,461 3,586
Supplemental disclosures of cash flow information    
Cash paid during the period for interest 234 427
Cash paid during the period for income taxes 247 578
Supplemental disclosures of non-cash financing activity    
Derivative warrant liability reclassified as equity 0 (306)
Non-cash issuance of stock upon exercise of options $ 0 $ 25