| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 |
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net income/(loss) | ||||||
-4,596 | - | - | - | 712 | - | - |
Net (loss) income | ||||||
- | - | - | - | - | 616 | -1 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
646 | - | - | - | 510 | - | - |
Bad debt expense | ||||||
883 | - | - | - | - | - | - |
Deferred income taxes | ||||||
-3,571 | - | - | - | -3 | - | - |
Stock based compensation | ||||||
4,804 | - | - | - | 1,658 | - | - |
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
2,967 | - | - | - | -3,308 | - | - |
Unbilled receivables | ||||||
-1,048 | - | - | - | 1,249 | - | - |
Prepaid income taxes | ||||||
-43 | - | - | - | -106 | - | - |
Prepaid expenses and other current assets | ||||||
562 | 35 | -73 | -7 | -12 | - | - |
Accounts payable | ||||||
1,499 | - | - | - | 103 | - | - |
Accrued liabilities | ||||||
-435 | - | - | - | 299 | - | - |
Accrued compensation and benefits | ||||||
257 | 5,231 | -37 | -1,827 | 1,776 | 214 | 1 |
Accrued income taxes | ||||||
238 | -115 | -104 | 135 | -114 | - | - |
Other current liabilities | ||||||
-87 | - | - | - | 38 | - | - |
Net cash provided by/(used in) operating activities | ||||||
-2,886 | -935 | -916 | -8,078 | 6,944 | -303 | -0 |
Cash flows from investing activities | ||||||
Purchase of property and equipment | ||||||
692 | - | - | - | 226 | - | - |
Net cash used in investing activities | ||||||
-692 | 410 | 614 | 1,008 | -226 | - | - |
Cash flows from financing activities | ||||||
Proceeds from issuance of Class B common stock to Sponsor | ||||||
- | - | - | - | - | 0 | 25 |
Cash received from ChaSerg | ||||||
208,997 | - | - | - | - | -200 | 223 |
GDI shares redeemed for cash (net of cash received from exercise of accelerated options) | ||||||
123,865 | - | - | - | - | - | - |
Equity issuance costs | ||||||
2,264 | - | - | - | - | - | - |
Payments of dividends | ||||||
- | - | - | - | 2,000 | - | - |
Payment of offering costs | ||||||
- | - | - | - | - | - | 199 |
Net cash provided by/(used in) financing activities | ||||||
82,868 | - | - | - | -2,000 | 221,266 | 48 |
Net increase in cash and cash equivalents | ||||||
79,290 | -216 | -301 | -5,069 | 4,718 | 962 | 48 |
Supplementary cash flow information: | ||||||
Cash paid for income taxes | ||||||
370 | 275 | 259 | 47 | 460 | - | - |
Significant non-cash activities | ||||||
Conversion of preferred stock to common stock | ||||||
9,187 | - | - | - | - | - | - |
Offering costs included in accrued offering costs | ||||||
- | - | - | - | - | - | 102 |