XML 22 R6.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net loss $ (1,348) $ (2,110)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible assets 107 152
Depreciation 231 279
Other amortization 198 146
Stock-based compensation $ 72 89
Change in deferred taxes 15
Changes in operating assets and liabilities    
Accounts receivable and unbilled receivables $ (44) 165
Prepaid expenses and other assets 60 255
Accounts payable and accrued liabilities (18) (245)
Deferred revenue 50 34
Other liabilities 5 (27)
Total adjustments 661 863
Net cash used in operating activities $ (687) (1,247)
Cash flows used in investing activities:    
Purchase of equipment and improvements (54)
Software development capitalization costs $ (44) (21)
Net cash used in investing activities $ (44) (75)
Cash flows provided by financing activities:    
Proceeds from employee stock purchase plan 2
Proceeds from issuance of 200,000 shares of preferred stock, net of issuance costs $ 1,776
Proceeds from issuance of 680,000 shares of common stock, net of issuance costs $ 669
Proceeeds from bank term loan 500 $ 610
Proceeds from term notes from stockholder 500 $ 500
Borrowing on bank line of credit 108
Payments on bank term loan (250) $ (1,000)
Payments on bank line of credit $ (336) (461)
Payments on subordinated promissory notes (7)
Contingent acquisition payments $ (113) (180)
Principal payments on capital leases (105) (125)
Net cash provided by financing activities 973 1,115
Effect of exchange rate changes on cash and cash equivalents 1 (5)
Net increase(decrease) in cash and cash equivalents 243 (212)
Cash and cash equivalents at beginning of period 337 1,256
Cash and cash equivalents at end of period 580 1,044
Supplemental disclosures of cash flow information:    
Interest 67 55
Income taxes $ 3 2
Non cash investing and financing activities:    
Equipment purchased under capital leases 172
Other assets included in accounts payable 19
Accrued dividends on convertible preferred stock $ 32 $ 21