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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 used in operating activities:    
Net loss $ (796) $ (684)
Adjustments to reconcile net loss to net cash used in operating activities (see Schedule A) 32 (1,679)
Net cash used in operating activities – continuing operations (764) (2,363)
Net cash used in operating activities – discontinued operations (7) (548)
Net cash used in operating activities (771) (2,911)
Cash flows provided by (used in) investing activities:    
Acquisitions of property and equipment (33)
Proceeds from the sale of interests in DSIT, net of transaction costs and cash divested 3,947
Escrow deposits (579)
Release of escrow deposits 100
Restricted deposits (75)
Release of restricted deposits 868
Amounts funded for severance assets (69)
Net cash provided by investing activities – continuing operations 4,159
Net cash provided by investing activities – discontinued operations 50
Net cash provided by investing activities 50 4,159
Cash flows provided by (used in) financing activities:    
Short-term credit, net (91) 903
Proceeds from the exercise of DSIT options 391
Repayment of Leap Tide (2,000)
Proceeds from loans from directors 900 375
Repayment of director loans (275)
Repayments of long-term debt (43)
Net cash provided by financing activities – continuing operations 809 (649)
Net cash used in financing activities – discontinued operations (138)
Net cash provided by financing activities 809 787
Effect of exchange rate changes on cash and cash equivalents – continuing operations (5)
Effect of exchange rate changes on cash and cash equivalents – discontinued operations 18
Net increase (decrease) in cash and cash equivalents 88 474
Cash and cash equivalents at the beginning of the year – discontinued operations 19 48
Cash and cash equivalents at the beginning of the year – continuing operations 222 124
Cash and cash equivalents at the end of the period – discontinued operations 12 23
Cash and cash equivalents at the end of the period – continuing operations 317 623
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Loss (income) from discontinued operations (65) 1,610
Depreciation and amortization 40 107
Accretion of Leap Tide discount 100
Common stock issued for Leap Tide interest accrued 281
Conversion to common stock of interest due to director 15
Gain on sale of interests in DSIT, net of income taxes and transaction costs (3,543)
Share of income in DSIT (69) (25)
Increase in accrued severance 67
Stock-based compensation 18 234
Deferred taxes 18
Director fees paid in common stock 16
Other 36
Change in operating assets and liabilities:    
Decrease (increase) in accounts receivable, unbilled revenue, other current and other assets 411 (135)
Decrease (increase) in inventory (2) (21)
Decrease in deferred revenue 124 (1,158)
Increase in accounts payable, accrued payroll, payroll taxes and social benefits, other current liabilities and non-current liabilities and balances due to Acorn directors and DSIT (441) 735
Adjustments to reconcile net loss to net cash provided by (used in) operating activities, total 32 (1,679)
Non-cash investing and financing activities:    
Accrual of preferred dividends to outside investor in OmniMetrix 50 50
Adjustment of paid-in-capital and non-controlling interest from the deconsolidation of DSIT 242
Conversion of director loan to common stock 100
Investment in DSIT from deconsolidation $ 5,391