XML 46 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows provided by operating activities:    
Net loss $ (2,047,000) $ (259,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,877,000 2,764,000
Provision for doubtful accounts 196,000 78,000
Transfer of fixed assets to sales-type lease 10,000 23,000
Amortization of operating lease right-of-use-assets 291,000
Stock-based compensation 206,000 443,000
Amortization of debt issuance costs 9,000 59,000
Loss from the sale or disposition of assets 689,000 242,000
Impairment of capitalized software 550,000 23,000
Impairment of goodwill 261,000
Changes in assets and liabilities:    
Accounts receivable (248,000) (507,000)
Site equipment to be installed 337,000 431,000
Operating lease liabilities (215,000)  
Prepaid expenses and other assets (5,000) 29,000
Accounts payable and accrued liabilities 669,000 (186,000)
Income taxes payable 1,000 (10,000)
Deferred costs 151,000 350,000
Deferred revenue (835,000) (2,227,000)
Deferred rent (190,000)
Other liabilities 108,000 41,000
Net cash provided by operating activities 2,744,000 1,365,000
Cash flows used in investing activities:    
Capital expenditures (128,000) (648,000)
Capitalized software development expenditures (966,000) (964,000)
Proceeds from sale of assets 29,000 33,000
Net cash used in investing activities (1,065,000) (1,579,000)
Cash flows used in financing activities:    
Net proceeds from issuance of common stock related to registered direct offering 1,375,000
Proceeds from long-term debt 4,000,000
Payments on long-term debt (1,000,000) (5,373,000)
Debt issuance costs on long-term debt (23,000)
Principal payments on finance leases (45,000) (249,000)
Tax withholding related to net share settlement of vested restricted stock units (37,000) (17,000)
Dividends paid to Series A preferred shareholders (16,000) (16,000)
Net cash used in financing activities (1,098,000) (303,000)
Effect of exchange rate on cash and cash equivalents 42,000 (75,000)
Net increase (decrease) in cash, cash equivalents and restricted cash 623,000 (592,000)
Cash, cash equivalents and restricted cash at beginning of year 2,786,000 3,378,000
Cash, cash equivalents and restricted cash at end of year 3,409,000 2,786,000
Supplemental disclosures of cash flow information: Cash paid during the period for:    
Interest 246,000 336,000
Income taxes 26,000 17,000
Supplemental disclosure of non-cash investing and financing activities:    
Site equipment transferred to fixed assets 521,000 1,865,000
Capitalized tenant improvements paid by landlord 1,131,000
Initial measurement of operating lease right-of-use assets and liabilities 3,458,000
Assets acquired under operating lease 57,000
Assets acquired under financing lease 5,000
Reconciliation of cash, cash equivalents and restricted cash at end of period:    
Cash and cash equivalents 3,209,000 2,536,000
Restricted cash 50,000 50,000
Restricted cash, long-term 150,000 200,000
Total cash, cash equivalents and restricted cash at end of period $ 3,409,000 $ 2,786,000