XML 38 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows provided by operating activities:    
Net loss $ (468) $ (1,678)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,483 1,473
Provision for doubtful accounts 11 39
Stock-based compensation 53 137
Loss from disposition of equipment and capitalized software 92 1
Changes in assets and liabilities:    
Accounts receivable 120 71
Prepaid expenses and other assets (325) 62
Accounts payable and accrued expenses (333) (229)
Income taxes payable (10) 12
Deferred costs 151 385
Deferred revenue (372) 113
Deferred rent (56) 211
Net cash provided by operating activities 346 597
Cash flows used in investing activities:    
Capital expenditures (285) (819)
Software development expenditures (794) (718)
Acquisitions    (50)
Changes in restricted cash    50
Net cash used in investing activities (1,079) (1,537)
Cash flows provided by (used in) financing activities:    
Proceeds from rights offering, net    2,310
Proceeds from notes payable 128   
Payments on note payable (20) (19)
Principal payments on capital lease (72) (172)
Tax withholding related to net-share settlements of restricted stock units (7)   
Net cash provided by (used in) financing activities 29 2,119
Net increase in cash and cash equivalents (704) 1,179
Effect of exchange rate on cash (44) (4)
Cash and cash equivalents at beginning of period 2,721 1,374
Cash and cash equivalents at end of period 1,973 2,549
Supplemental disclosures of cash flow information: Cash paid during the period for:    
Interest 12 25
Income taxes 23 43
Supplemental disclosure of non-cash investing and financing activities:    
Issuance of common stock in lieu of payment of preferred dividends 8 8
Issuance of common stock in connection with acquisition $ 1