| Dec'19 | Dec'18 | Dec'17 | Apr'17 | Apr'16 | Apr'15 | Apr'14 | Apr'13 | Apr'12 | Apr'11 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
NET LOSS | |||||||||
-4,902 | -18,749 | -7,640 | - | - | - | - | - | - | - |
LOSS ON DISCONTINUED OPERATIONS | |||||||||
-2,425 | -15,846 | 0 | 0 | -864 | -2,106 | -484 | - | - | - |
LOSS FROM CONTINUING OPERATIONS | |||||||||
-2,477 | -2,902 | -7,640 | -1,218 | -3,631 | -6,997 | -10,562 | - | - | - |
LOSS FROM CONTINUING OPERATIONS | |||||||||
-2,477 | -2,902 | - | - | - | - | - | - | - | - |
Consolidated net loss | |||||||||
- | - | - | - | - | - | - | -6,815 | -20,569 | -37,005 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
- | - | 218 | 115 | 64 | 60 | 110 | 1,433 | 2,326 | 2,754 |
Change in the fair value of derivative liabilities | |||||||||
- | - | - | - | - | - | -833 | - | - | - |
Loss on extinguishment of Notes | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Change in the fair value of derivative liabilities | |||||||||
- | - | - | - | - | - | - | 2,703 | - | - |
Bad debt provision | |||||||||
- | - | 42 | - | - | - | 505 | -85 | 840 | 1,603 |
Amortization of debt discount | |||||||||
- | - | 1,190 | - | - | 853 | 4,301 | 1,355 | 0 | - |
Interest expense related to make-whole amount | |||||||||
- | - | - | - | - | 1,889 | 0 | - | - | - |
Gain on sale of China operations | |||||||||
- | - | - | 0 | 837 | - | - | 1,756 | -1,032 | - |
Loss on sale of Seattle Operations | |||||||||
- | - | - | - | - | 374 | 1,299 | - | - | - |
Income on Section 16 settlement | |||||||||
- | - | - | 0 | 400 | 1,401 | 0 | - | - | - |
Cash received on section 16 settlement | |||||||||
- | - | - | - | - | -650 | 0 | - | - | - |
Goodwill and intangible assets impairment | |||||||||
- | - | - | - | - | - | - | 1,936 | 168 | 34,370 |
Change in the fair value of acquisition-related contingent consideration | |||||||||
- | - | - | - | - | - | - | - | 83 | 217 |
Loss of disposition of asset | |||||||||
- | - | - | - | - | 883 | 0 | 23 | -108 | - |
Inducement expenses | |||||||||
- | - | - | - | - | 5,492 | 0 | - | - | - |
Change in the fair value of derivative liabilities | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Stock based compensation | |||||||||
280 | 82 | 709 | 602 | 2,506 | 170 | 24 | 111 | 43 | 86 |
Non-cash interest expense | |||||||||
0 | 672 | 0 | - | - | - | - | - | - | - |
Amortization of debt issuance costs | |||||||||
- | - | - | - | - | - | 278 | 439 | 436 | 204 |
Loss on sale of fixed assets | |||||||||
- | - | - | - | - | - | -8 | - | - | -78 |
Deferred income taxes | |||||||||
- | - | - | - | - | - | - | 550 | 4,204 | -6,699 |
Changes in operating assets and liabilities: | |||||||||
Restricted cash | |||||||||
- | - | - | - | - | - | -1,869 | 1,869 | 0 | - |
Accounts receivable | |||||||||
- | - | 168 | 1,313 | -3,608 | 1,879 | 3,569 | -2,527 | 2,097 | 2,584 |
Contract assets | |||||||||
- | - | - | 53 | -63 | -10 | 102 | -12 | -2,287 | 4,210 |
Deferred contract costs | |||||||||
- | - | - | - | - | - | - | -218 | 0 | - |
Current assets held for sale | |||||||||
- | - | - | 0 | 3,853 | -928 | -252 | - | - | - |
Inventory | |||||||||
- | - | - | - | - | - | - | 14 | -414 | 474 |
Prepaid expenses and other current assets | |||||||||
-39 | 220 | 32 | -25 | -93 | 7 | 55 | 44 | 687 | -699 |
Income taxes receivable | |||||||||
- | - | - | - | - | - | - | - | -1,357 | -1,274 |
Prepaid taxes | |||||||||
- | - | - | - | - | - | - | 86 | -5 | -173 |
Other assets | |||||||||
- | - | - | -9 | -4 | -37 | -24 | 127 | 27 | 29 |
Other assets held for sale | |||||||||
- | - | - | 0 | 34 | -1,085 | -630 | 0 | - | - |
Income taxes payable | |||||||||
- | - | - | - | - | -2 | -43 | -55 | - | - |
Accounts payable and accrued expenses | |||||||||
48 | 1,305 | 1,172 | -281 | -3,342 | 1,583 | 1,844 | -1,870 | 7,355 | -941 |
Accrued interest | |||||||||
- | - | 135 | - | - | - | - | - | - | - |
Deferred income | |||||||||
- | - | 155 | - | - | - | -113 | 19 | -53 | 274 |
NET CASH USED IN OPERATING ACTIVITIES - CONTINUING OPERATIONS | |||||||||
-2,109 | -1,063 | -4,218 | - | - | - | - | - | - | - |
NET CASH USED IN OPERATING ACTIVITIES - DISCONTINUED OPERATIONS | |||||||||
-1,485 | -9,502 | 0 | - | - | - | - | - | - | - |
Current liabilities held for sale | |||||||||
- | - | - | 0 | 2,200 | -742 | 121 | - | - | - |
Accrued severance expense | |||||||||
- | - | - | - | - | -550 | 1,520 | 0 | - | - |
Contract liabilities | |||||||||
- | - | - | 747 | 11 | -102 | 104 | -1,913 | 1,587 | 173 |
NET CASH USED IN OPERATING ACTIVITIES | |||||||||
-3,594 | -10,566 | -4,218 | -1,367 | -2,682 | -870 | -1,444 | -3,181 | -1,194 | 111 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Purchase of property and equipment | |||||||||
- | - | -6 | 77 | 139 | 46 | 78 | - | - | - |
Capitalization of software costs | |||||||||
- | - | 251 | - | - | - | - | - | - | - |
Cash received upon acquisition | |||||||||
0 | 4,947 | 0 | - | - | 1,561 | 1,185 | 0 | - | - |
Proceeds from sale of fixed asset | |||||||||
0 | 1,995 | 0 | - | - | - | - | - | - | - |
Increase in other assets | |||||||||
- | - | 0 | - | - | - | - | - | - | - |
NET CASH USED IN INVESTING ACTIVITIES - CONTINUING OPERATIONS | |||||||||
0 | 6,942 | -257 | - | - | - | - | - | - | - |
NET CASH PROVIDED BY INVESTING ACTIVITIES - DISCONTINUED OPERATIONS | |||||||||
-142 | -497 | 0 | - | - | - | - | - | - | - |
Addition on acquisition of BTX capitalized software | |||||||||
- | - | - | - | - | 2 | 0 | - | - | - |
Payment for sale of BTX | |||||||||
- | - | - | - | - | 59 | 0 | - | - | - |
Proceeds from sale of China operations, net of acquisition cost | |||||||||
- | - | - | 0 | 1,325 | 0 | 0 | - | - | - |
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES | |||||||||
-142 | 6,445 | -257 | -77 | 1,186 | 1,452 | 1,106 | 4,222 | 252 | -2,215 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Borrowings under loan payable obligations | |||||||||
- | - | - | 0 | 115 | 0 | 21 | - | - | - |
Repayment under loan payable obligations | |||||||||
- | - | - | -94 | -51 | -4 | - | - | - | - |
Proceeds from the sale of common stock, net | |||||||||
2,000 | 300 | 0 | - | - | - | - | - | - | - |
Financing fees in connection with the sale of common stock | |||||||||
-15 | 0 | - | - | - | - | - | - | - | - |
Common stock reserved and retired for excess tax benefits from stock based compensation, amount | |||||||||
-193 | 0 | - | - | - | - | - | - | - | - |
Proceeds from the sale of Series H-5 preferred stock and warrants | |||||||||
2,500 | 0 | - | - | - | - | - | - | - | - |
Financing fees in connection with the sale of Series H-5 preferred stock and warrants | |||||||||
-200 | 0 | - | - | - | - | - | - | - | - |
Proceeds from the sale of Series H-4 preferred stock | |||||||||
0 | 6,000 | 0 | - | - | 0 | - | - | - | - |
Financing costs from the sale of Series H-4 preferred stock and warrants | |||||||||
0 | 101 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of common stock in connection with exercise of H-4 warrants | |||||||||
16 | 936 | 0 | - | - | - | - | - | - | - |
Proceeds from the sale of Series K Warrants | |||||||||
0 | 983 | 0 | - | - | - | - | - | - | - |
Financing costs from the sale of Series K warrants | |||||||||
0 | -15 | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of Series A Preferred Stock and subscription receivable | |||||||||
- | - | 219 | - | - | - | - | - | - | - |
Proceeds from issuance of convertible notes and warrants | |||||||||
- | - | 4,840 | - | - | - | - | - | - | - |
Borrowings under lines of credit | |||||||||
- | - | - | - | - | - | - | - | 4,964 | 1,373 |
Repayments under lines of credit | |||||||||
- | - | - | - | - | - | - | 4,964 | 7,000 | 0 |
(Repayment) borrowings of senior secured convertible notes | |||||||||
- | - | - | - | - | - | - | 4,000 | 0 | - |
Repayments under loans payable, net | |||||||||
- | - | - | - | - | - | -76 | -70 | -47 | -66 |
Repayment to senior secured convertible notes | |||||||||
- | - | - | - | - | - | 9 | - | - | - |
Repayments under other payable to Zurich | |||||||||
- | - | - | 0 | 360 | 290 | 210 | 25 | - | - |
Repayments of short term convertible note | |||||||||
- | - | - | 0 | 4 | 0 | - | - | - | - |
Repayments of loans payable obligations | |||||||||
- | - | - | - | - | - | - | 15 | 54 | 81 |
Borrowings under short-term bank loan | |||||||||
- | - | - | - | - | - | 816 | 2,389 | 0 | - |
Borrowings from related party | |||||||||
- | - | - | - | - | - | 790 | -2,538 | -209 | -42 |
Net proceeds from Section 16(b) settlement | |||||||||
- | - | - | - | - | - | - | 222 | 0 | - |
Offering costs - Convertible Notes | |||||||||
- | - | 263 | - | - | - | 137 | 230 | 704 | 0 |
NET CASH PROVIDED BY FINANCING ACTIVITIES - CONTINUING OPERATIONS | |||||||||
4,108 | 8,103 | 4,796 | - | - | - | - | - | - | - |
NET CASH USED IN FINANCING ACTIVITIES - DISCONTINUED OPERATIONS | |||||||||
0 | -50 | 0 | - | - | - | - | - | - | - |
Acquisition of property and equipment, net | |||||||||
- | - | - | - | - | - | - | 324 | 405 | 1,193 |
Acquisition of businesses, net of cash received | |||||||||
- | - | - | - | - | - | - | - | 1,043 | 1,022 |
Proceeds from sale of operations, net of transaction costs | |||||||||
- | - | - | - | - | - | - | 4,547 | 1,701 | 0 |
Dividends paid on preferred stock | |||||||||
- | - | - | - | - | 146 | 36 | 0 | - | - |
Repayments under other payable | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Borrowings under other payable | |||||||||
- | - | - | - | - | - | - | 793 | 0 | - |
NET CASH PROVIDED BY FINANCING ACTIVITIES | |||||||||
4,108 | 8,052 | 4,796 | 1,368 | 1,275 | -440 | 1,156 | -439 | -3,051 | 1,182 |
Net increase in cash, including cash classified within current assets held for sale | |||||||||
371 | 3,931 | - | - | - | - | - | - | - | - |
Less: Net increase in cash classified within current assets held for sale | |||||||||
0 | -43 | - | - | - | - | - | - | - | - |
Effect of exchange rate changes on cash | |||||||||
- | - | - | 0 | 91 | 45 | -51 | -3 | -74 | 216 |
Net (decrease) increase in cash | |||||||||
371 | 3,887 | 320 | - | - | 187 | 766 | 598 | -4,067 | -705 |
Settlement of capitalized software and other assets on sale of BTX | |||||||||
- | - | - | - | - | 1,883 | 0 | - | - | - |
Settlement of debt, make-whole interest and other liabilities on sale of BTX | |||||||||
- | - | - | - | - | 1,962 | 0 | - | - | - |
Settlement of severance obligation and sale of Pride | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Fair value of stock warrants issued with convertible notes | |||||||||
- | - | 2,138 | - | - | - | -74 | 210 | 470 | 0 |
Stock issued to WPCS Shareholders in merger net of cash received of $4,947,023 | |||||||||
0 | 4,845 | 0 | - | - | - | - | - | - | - |
SUPPLEMENTAL CASH FLOW INFORMATION: | |||||||||
SUPPLEMENTAL CASH FLOW INFORMATION | |||||||||
Cash paid for interest | |||||||||
0 | 0 | - | - | - | - | - | - | - | - |
Interest | |||||||||
- | - | - | - | - | - | - | 330 | 428 | 451 |
Cash paid for taxes | |||||||||
0 | 0 | - | - | - | - | - | 261 | 61 | 173 |
Issuance of common stock for accrued stock based compensation | |||||||||
4 | 0 | - | - | - | - | - | - | - | - |
Assets acquired under operating leases | |||||||||
23 | 0 | - | - | - | - | - | - | - | - |
NON-CASH FINANCING ACTIVITIES: | |||||||||
Net decrease in cash, cash equivalents and restricted cash | |||||||||
- | - | - | -76 | -128 | - | - | - | - | - |
Automobile financing | |||||||||
- | - | - | 123 | 0 | - | - | - | - | - |
Declaration on preferred dividend payable | |||||||||
- | - | - | 0 | 4,742 | 2,508 | 0 | - | - | - |
Deemed dividend on conversion of convertible preferred stock to common stock | |||||||||
- | - | - | 1,037 | 744 | - | - | - | - | - |
Conversion of preferred stock through the issuance of common stock | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Acquisition of BTX Software from issuance of Series E Preferred Stock | |||||||||
- | - | - | - | - | - | -2,635 | 0 | - | - |
Reclassification of fair value of derivative liability on Notes and Warrants to additional paid-in capital upon the Amendment and Note Amendment | |||||||||
- | - | - | - | - | - | -7,166 | 0 | - | - |
Reclassification of fair value of derivative liability on Notes to additional paid-in capital upon conversion of Notes | |||||||||
- | - | - | - | - | - | -686 | 0 | - | - |
Conversion of dividends payable related to make-whole amount to common stock | |||||||||
- | - | - | 0 | 4,457 | 1,622 | 0 | - | - | - |
Fair value of common stock sold to founders | |||||||||
- | - | 684 | - | - | - | - | 449 | - | - |
Accrued capitalized software costs | |||||||||
- | - | 108 | - | - | - | - | - | - | - |
Stock issued to WPCS Shareholder in the merger net of cash received of $4,947,023 | |||||||||
0 | 4,845 | 0 | - | - | - | - | - | - | - |
Accrued offering costs | |||||||||
- | - | 122 | - | - | - | - | - | - | - |
Liabilities assumed in connection with the sale of component | |||||||||
- | - | 0 | - | - | - | - | - | - | - |
Series H-4 offering cost paid in H-4 shares and warrants | |||||||||
0 | 568 | 0 | - | - | - | - | - | - | - |
Stock issued for convertible note payable | |||||||||
0 | 3,682 | 0 | - | - | - | - | - | - | - |
Settlement of account receivable from noncontrolling interest | |||||||||
- | - | - | - | - | - | - | 200 | - | - |
Stock issued for accrued interest on convertible note payable | |||||||||
0 | 159 | 0 | - | - | - | -3,114 | 0 | - | - |
Deemed dividends on warrant issuances | |||||||||
0 | 1,399 | 0 | - | - | - | - | - | - | - |
Deemed dividends on Series H-4 warrant and preferred stock modification | |||||||||
57 | 0 | - | - | - | - | - | - | - | - |
Acquisition of BTX Software from assumption of BTX Note | |||||||||
- | - | - | - | - | - | -500 | 0 | - | - |
Settlement of account receivable for property and equipment | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Settlement of account receivable in exchange of dividend distribution to noncontrolling interest | |||||||||
- | - | - | - | - | - | - | - | 0 | - |