| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Finance Lease, Right-of-Use Asset, Amortization | ||||||||||||
879 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Cash paid for interest | ||||||||||||
16 | - | - | - | 463 | - | - | - | - | - | - | 204 | 188 |
Operating activities | ||||||||||||
Net loss | ||||||||||||
-13,531 | 3,427 | -7,747 | -6,510 | -6,314 | -11,566 | -8,368 | -13,053 | -20,055 | -4,056 | -2,474 | -648 | -12,463 |
Bad debt expense | ||||||||||||
1,477 | - | - | - | 250 | - | - | - | - | - | - | 82 | -4 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||||
Depreciation and amortization | ||||||||||||
2,331 | 1,354 | 1,167 | 1,053 | 961 | 811 | 777 | 784 | 910 | 725 | 771 | 767 | 765 |
Amortization of financing costs charged to interest expense | ||||||||||||
24 | 28 | 22 | 23 | 27 | 45 | 26 | 89 | 140 | - | - | - | - |
Accretion of debt discount and non-cash interest expense | ||||||||||||
- | - | - | - | - | 0 | 0 | 826 | 1,500 | 1,455 | 5,153 | 133 | 148 |
Accretion of debt discount and non-cash interest expense | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 1,705 | 2,307 |
Termination of U.K. agreement expense | ||||||||||||
4,125 | 3,585 | 7,486 | 3,072 | 1,708 | 9,822 | 5,723 | 8,345 | 2,900 | 1,440 | 1,482 | 1,242 | 983 |
Fair Value Adjustment of Warrants | ||||||||||||
- | - | - | - | - | 0 | -801 | -1,611 | 9,172 | 169 | -1,381 | 1,466 | 327 |
Fair Value Adjustment Of Convertible Promissory Notes | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | -861 | -383 |
Fair Value Adjustment Of Convertible Promissory Notes, Related Parties | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 8,436 | -2,223 |
Other non-cash (income) expense, net | ||||||||||||
-1,923 | 1,803 | -1,431 | -1,488 | 485 | -635 | -279 | -2,048 | -1,809 | - | - | - | - |
Amortization of deferred FI implementation costs | ||||||||||||
1,008 | 696 | 789 | 731 | 653 | 482 | 378 | 346 | 412 | - | - | - | - |
Other non-cash expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 229 |
Change in operating assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
-22,149 | 20,229 | -1,235 | 11,764 | -4,740 | 20,309 | -3,182 | 922 | -8,623 | 10,759 | 2,844 | 572 | -6,672 |
Prepaid expenses and other assets | ||||||||||||
509 | 856 | -254 | 449 | 1,173 | 478 | 288 | -11 | 1,520 | -426 | 722 | -181 | 551 |
Deferred FI implementation costs | ||||||||||||
- | - | - | - | - | -3,500 | -3,500 | -2,000 | -250 | -4,250 | -3,650 | -3,962 | 962 |
Contract with Customer, Asset, Deferred Financial Institution Implementation Costs Recoveries Through Financial Institution Share, Net | ||||||||||||
0 | 1,156 | 1,157 | 1,155 | 1,157 | 1,344 | 1,344 | 1,348 | 1,344 | - | - | - | - |
Accounts payable | ||||||||||||
252 | -200 | -95 | 385 | -691 | 690 | 1,060 | -431 | -408 | -916 | -808 | -814 | 631 |
Other accrued expenses | ||||||||||||
-6,988 | 4,699 | 1,130 | 2,093 | -1,770 | 3,231 | 261 | 1,599 | -1,836 | 799 | 1,188 | 1,281 | -2,802 |
FI Share liability | ||||||||||||
-10,908 | 8,260 | 3,109 | 7,219 | -4,287 | 7,470 | -543 | -647 | -2,538 | 5,957 | -4,345 | 3,835 | -4,643 |
Customer Incentive liability | ||||||||||||
-5,638 | 3,988 | 388 | 268 | 3,741 | 6,646 | -1,003 | -1,116 | -293 | 1,894 | -248 | 730 | -991 |
Total adjustment | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 355 | 6,639 |
Net cash used in operating activities | ||||||||||||
-3,406 | 4,100 | 10,326 | -1,486 | -1,483 | -4,695 | -1,515 | -12,695 | -90 | -5,531 | -10,454 | -293 | -5,824 |
Investing activities | ||||||||||||
Payments to Acquire Property, Plant, and Equipment | ||||||||||||
492 | 3,716 | 542 | 2,527 | 1,492 | 2,730 | 1,698 | 1,074 | 418 | 244 | 483 | 102 | 386 |
Acquisition of patents | ||||||||||||
23 | 17 | 9 | 5 | 0 | 9 | 2 | 10 | 2 | 8 | 29 | 7 | 16 |
Capitalized software development costs | ||||||||||||
922 | 876 | 697 | 650 | 489 | 418 | 324 | 283 | 374 | 296 | 76 | 0 | 0 |
Net cash used in investing activities | ||||||||||||
-1,437 | -4,609 | -1,248 | -3,182 | -1,981 | -3,157 | -2,024 | -1,367 | -794 | -548 | -588 | -109 | -402 |
Financing activities | ||||||||||||
Proceeds from issuance of debt | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 5,000 | 7,500 |
Repayments of Long-term Debt | ||||||||||||
6 | 6 | 36,682 | 10,005 | 5 | 106 | 664 | 51,785 | 26 | 25 | 25 | 25 | 24 |
Proceeds from issuance of common stock | ||||||||||||
3,145 | 9,294 | 80,709 | 1,040 | 173 | 155 | 1,652 | 37 | 70,490 | -367 | 33 | 294 | 270 |
Payments of Stock Issuance Costs | ||||||||||||
- | - | - | - | - | 0 | 52 | 665 | 1,232 | 478 | 1,196 | 813 | 181 |
Debt issuance costs | ||||||||||||
0 | 0 | 50 | 87 | 6 | 0 | 0 | 48 | 0 | - | - | - | - |
Net cash from financing activities | ||||||||||||
3,139 | 9,130 | 43,939 | -9,052 | 162 | 49 | 936 | -5,026 | 69,232 | -870 | -1,188 | 16,254 | 7,565 |
Effect of exchange rates on cash, cash equivalents and restricted cash | ||||||||||||
-588 | 536 | -336 | -219 | 120 | -139 | -53 | -229 | 175 | 25 | 81 | 130 | 46 |
Net decrease in cash, cash equivalents and restricted cash | ||||||||||||
-2,292 | 9,157 | 52,681 | -13,939 | -3,182 | -7,942 | -2,656 | -19,317 | 68,523 | -6,924 | -12,149 | 15,982 | 1,385 |
Supplemental schedule of non-cash investing and financing activities: | ||||||||||||
Stock-based compensation capitalized for software development | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 |