| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income (loss) | ||||||
-838 | -1,049 | 1,960 | -20,374 | 1,862 | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Depreciation | ||||||
955 | 950 | 920 | 831 | 882 | ||
Amortization of software and intangible assets | ||||||
890 | 1,096 | 648 | 562 | 478 | ||
Amortization of debt issuance costs | ||||||
137 | 136 | 663 | 177 | 165 | ||
Share-based compensation | ||||||
811 | - | - | - | - | ||
Deferred income taxes | ||||||
-162 | -97 | -9 | 7,198 | 310 | ||
Other | ||||||
-522 | 95 | 31 | 429 | -866 | ||
Change in assets and liabilities: | ||||||
Receivables | ||||||
2,172 | 31 | -2,423 | -1,717 | 3,487 | ||
Inventories | ||||||
-8,698 | -1,028 | 1,977 | 4,034 | 2,651 | ||
Accounts payable | ||||||
-8,546 | 3,753 | -6,223 | 2,736 | 1,830 | ||
Accrued employee compensation | ||||||
547 | -329 | -1,394 | 346 | 1,391 | ||
Accrued liabilities | ||||||
-585 | -1,460 | 282 | -1,660 | 1,542 | ||
Accrued Sponsor interest and payables | ||||||
- | 0 | 5,625 | -125 | -43 | ||
Other assets and liabilities | ||||||
1,048 | -1,453 | 4,266 | -2,681 | -24 | ||
Net cash provided by (used in) operating activities | ||||||
-791 | 6,145 | -11,801 | 5,954 | 3,255 | ||
Cash flows from investing activities: | ||||||
Purchase of property and equipment | ||||||
1,053 | 467 | 828 | 579 | 1,128 | ||
Purchase of software | ||||||
157 | 72 | 157 | 332 | 383 | ||
Cash paid for acquisition | ||||||
334 | - | - | - | - | ||
Net cash used in investing activities | ||||||
-1,544 | -3,205 | -2,985 | -911 | -1,511 | ||
Cash flows from financing activities: | ||||||
Proceeds from issuance of revolver debt | ||||||
10,000 | - | - | - | - | ||
Repayment of term loan | ||||||
2,500 | 2,375 | 23,087 | 2,375 | 2,375 | ||
Taxes paid related to net share settlement of equity awards | ||||||
52 | - | - | - | - | ||
Net cash (used in) provided by financing activities | ||||||
7,552 | -2,556 | -37,445 | 62,398 | -2,375 | ||
Effect of exchange rate on cash | ||||||
-70 | 12 | -65 | 4 | -9 | ||
Net (decrease) increase in cash | ||||||
5,147 | 396 | -52,296 | 67,445 | -640 | ||
Supplemental disclosure of cash flow information: | ||||||
Income taxes paid | ||||||
149 | 270 | 1,076 | 155 | 201 | ||
Interest paid | ||||||
1,117 | 1,185 | 1,371 | 1,949 | 1,950 | ||