| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | |||||||||
Net income (loss) | |||||||||
-1,393,000 | -734,000 | -671,000 | -369,000 | 176,000 | 296,000 | 0 | 0 | 0 | - |
Adjustments to reconcile loss from continuing operations to net cash provided by operating activities: | |||||||||
Depreciation and amortization | |||||||||
430,000 | 433,000 | 443,000 | 455,000 | 464,000 | 501,000 | 0 | 0 | 0 | - |
Share-based compensation | |||||||||
28,000 | 25,000 | 25,000 | 25,000 | 24,000 | 25,000 | 0 | 0 | 0 | - |
Amortization of Debt Issuance Costs and Discounts | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Amortization of debt issuance costs | |||||||||
- | 0 | - | - | - | - | 0 | 0 | 0 | - |
Accretion of debt discount | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Deferred income taxes, net | |||||||||
-74,000 | -60,000 | -54,000 | -408,000 | -345,000 | -590,000 | 0 | 0 | 0 | - |
Change in fair value of emergence date warrants | |||||||||
-11,000 | -8,000 | -29,000 | -20,000 | -14,000 | -1,000 | 0 | 0 | 0 | - |
Unrealized loss on foreign currency transactions | |||||||||
-5,000 | -4,000 | -9,000 | -6,000 | 17,000 | 22,000 | 0 | 0 | 0 | - |
Marketable Securities, Unrealized Gain (Loss) | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Marketable Securities, Realized Gain (Loss) | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Other non-cash credits, net | |||||||||
20,000 | 21,000 | 7,000 | 7,000 | -5,000 | 3,000 | 0 | 0 | 0 | - |
Debtor Reorganization Items, Gain (Loss) on Settlement of Other Claims, Net | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Payment to PBGC | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Payment for Pension and Other Postretirement Benefits | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Payment Of Unsecured Claims | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Debtor Reorganization Items, Revaluation of Assets and Liabilities | |||||||||
- | - | - | - | - | - | -1,697,000 | 0 | 0 | 0 |
Non-cash and financing related reorganization items, net | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Increase (Decrease) in Receivables | |||||||||
-25,000 | -44,000 | -58,000 | -90,000 | -58,000 | -62,000 | 0 | 0 | 0 | - |
Changes in operating assets and liabilities: | |||||||||
Inventory | |||||||||
-8,000 | -7,000 | 7,000 | 2,000 | -5,000 | -25,000 | 0 | 0 | 0 | - |
Increase (Decrease) in Operating Assets | |||||||||
- | 0 | - | - | - | 0 | - | - | - | - |
Contract assets | |||||||||
107,000 | 97,000 | 122,000 | 99,000 | 68,000 | 43,000 | 0 | 0 | 0 | 0 |
Contract costs | |||||||||
4,000 | -14,000 | -13,000 | -26,000 | -30,000 | -7,000 | 0 | 0 | 0 | 0 |
Accounts payable | |||||||||
-12,000 | -17,000 | 24,000 | -31,000 | -61,000 | 10,000 | 0 | 0 | 0 | - |
Payroll and benefit obligations | |||||||||
-34,000 | -46,000 | -73,000 | -64,000 | -100,000 | -108,000 | 0 | 0 | 0 | - |
Business restructuring reserve | |||||||||
-23,000 | -27,000 | -25,000 | -33,000 | -8,000 | 25,000 | 0 | 0 | 0 | - |
Increase (Decrease) in Operating Liabilities | |||||||||
- | 0 | - | - | - | 0 | - | - | - | - |
Contract liabilities | |||||||||
0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | - |
Other assets and liabilities | |||||||||
-65,000 | 0 | 47,000 | 48,000 | 11,000 | 82,000 | 0 | 0 | 0 | - |
NET CASH PROVIDED BY OPERATING ACTIVITIES | |||||||||
150,000 | 167,000 | 241,000 | 200,000 | 231,000 | 288,000 | 0 | 0 | 0 | - |
INVESTING ACTIVITIES: | |||||||||
Capital expenditures | |||||||||
114,000 | 118,000 | 113,000 | 109,000 | 90,000 | 82,000 | 0 | 0 | 0 | - |
Proceeds from Sale and Maturity of Marketable Securities | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Acquisition of businesses, net of cash acquired | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Other investing activities, net | |||||||||
0 | 0 | 1,000 | 0 | 0 | -1,000 | 0 | 0 | 0 | - |
NET CASH (USED FOR) PROVIDED BY INVESTING ACTIVITIES | |||||||||
170,000 | 166,000 | -124,000 | 0 | 0 | 0 | - | 0 | 0 | - |
Payments for Repurchase of Common Stock | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Proceeds from Issuance of Preferred Stock and Preference Stock | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
FINANCING ACTIVITIES: | |||||||||
Repayments of Short-term Debt | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Repayment of first lien debt | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Repayment of long-term debt | |||||||||
264,000 | 272,000 | 29,000 | 29,000 | 30,000 | 29,000 | 0 | 0 | 0 | - |
Debt issuance costs | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |
Payment for Contingent Consideration Liability, Financing Activities | |||||||||
5,000 | 14,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 | 0 | 0 |
Payments related to sale-leaseback transactions | |||||||||
9,000 | 10,000 | 12,000 | 12,000 | 13,000 | 14,000 | 0 | 0 | 0 | - |
Other financing activities, net | |||||||||
-7,000 | -7,000 | -11,000 | -6,000 | -4,000 | -3,000 | 0 | 0 | 0 | - |
NET CASH USED FOR FINANCING ACTIVITIES | |||||||||
-494,000 | -314,000 | -61,000 | -608,000 | -301,000 | -291,000 | 0 | 0 | 0 | - |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
-8,000 | 4,000 | -4,000 | -1,000 | -17,000 | -10,000 | 0 | 0 | 0 | - |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||
-182,000 | 23,000 | 52,000 | 35,000 | 387,000 | 312,000 | 0 | 0 | 0 | - |
Predecessor | |||||||||
Depreciation and amortization | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Share-based compensation | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Amortization of Debt Issuance Costs | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Accretion of debt discount | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Deferred income taxes, net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Gain on sale of Networking business | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Curtailment | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Fair Value Adjustment of Warrants | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Unrealized loss (gain) on foreign currency transactions | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Other non-cash charges, net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Debtor Reorganization Items, Gain (Loss) on Settlement of Other Claims, Net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payment to PBGC | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payment for Pension and Other Postretirement Benefits | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payment Of Unsecured Claims | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Debtor Reorganization Items, Revaluation of Assets and Liabilities | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Non-cash and financing related reorganization items, net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Increase (Decrease) in Accounts Receivable | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Inventory | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Accounts payable | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payroll and benefit obligations | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Business restructuring reserve | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Deferred revenue | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Other assets and liabilities | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net Cash Provided by (Used in) Operating Activities | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Capital expenditures | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Capitalized software development costs | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Acquisition of businesses, net of cash acquired | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from sale of Networking business | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from sale-leaseback transactions | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Other investing activities, net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Repayments of Short-term Debt | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Repayment of first lien debt | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from debtor-in-possession financing | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Repayments of Long-term Debt | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from issuance of call spread warrants | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payments for Hedge, Financing Activities | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Debt issuance costs | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Payments related to sale-leaseback transactions | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Other financing activities, net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net Cash Provided by (Used in) Financing Activities | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net income (loss) | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Term Loan Credit Agreement due December 15, 2024 | |||||||||
Proceeds from long term debt | |||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - |