| Mar'19 | Mar'18 | Mar'17 | Mar'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net Loss | ||||||
-12,003 | -791 | 1,196 | 3,641 | |||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation expense | ||||||
1,999 | 1,729 | 1,562 | 1,397 | |||
Amortization expense | ||||||
315 | 315 | - | - | |||
Amortization expense | ||||||
- | - | 178 | 133 | |||
Allowance for bad debt | ||||||
- | - | - | 26 | |||
Deferred income tax expense (benefit) | ||||||
- | - | - | 1,102 | |||
Share based compensation | ||||||
1,421 | 297 | 0 | - | |||
Bad debt reserve | ||||||
233 | - | - | - | |||
Deferred income taxes | ||||||
198 | -227 | -166 | - | |||
Loss on disposal of property and equipment | ||||||
- | - | - | -36 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-641 | 2,631 | 457 | -231 | |||
Inventories | ||||||
-494 | 1,108 | 1,596 | -1,516 | |||
Prepaid expenses and other current assets | ||||||
1,795 | 521 | 931 | -52 | |||
Security deposits | ||||||
11 | -155 | -166 | -182 | |||
Accounts payable | ||||||
-1,384 | 3,197 | 1,746 | -1,691 | |||
Deferred revenue | ||||||
475 | 119 | - | - | |||
Deferred revenue | ||||||
- | - | 61 | 45 | |||
Accrued expenses | ||||||
520 | 143 | -296 | -227 | |||
Taxes payable | ||||||
-1,606 | -162 | 75 | 1,459 | |||
Deferred rent | ||||||
-340 | -844 | -545 | -600 | |||
Other liabilities | ||||||
1,773 | -3,613 | 4,171 | -124 | |||
Net cash used in operating activities | ||||||
-8,364 | -2,562 | 5,924 | 8,018 | |||
Cash flows from investing activities | ||||||
Cash advances to related parties | ||||||
- | - | 7,155 | - | |||
Cash received from repayment of related party receivable | ||||||
4,799 | 2,079 | - | - | |||
Acquisition of property and equipment | ||||||
3,886 | 3,879 | 6,745 | - | |||
Cash proceeds from acquisition of Ecompass | ||||||
- | - | -0 | - | |||
Advances to related parties | ||||||
- | - | - | 5,368 | |||
Acquisition of property and equipment | ||||||
- | - | - | 1,961 | |||
Cash proceeds from acquisition of E-Compass | ||||||
- | - | - | 0 | |||
Net cash provided by (used in) investing activities | ||||||
913 | -1,800 | -13,900 | -7,329 | |||
Cash flows from financing activities | ||||||
Payments on amount due to shareholder | ||||||
- | - | - | 1,124 | |||
Borrowings against Term loan | ||||||
3,950 | 1,050 | 15,000 | 0 | |||
Borrowings against lines of credit | ||||||
1,750 | 3,200 | 200 | 3,612 | |||
Repayments on term loan | ||||||
1,641 | 1,312 | 3,791 | 0 | |||
Repayments on lines of credit borrowings | ||||||
- | - | 208 | 2,884 | |||
Proceeds from borrowings on notes payable | ||||||
- | - | - | 167 | |||
Repayments on notes payable | ||||||
137 | 407 | 258 | 335 | |||
Payments on capital lease obligations | ||||||
146 | 77 | 55 | 67 | |||
Cash received from capital contribution | ||||||
330 | - | - | - | |||
Cash received from issuance of stock | ||||||
3,754 | - | - | - | |||
Deferred financing cost | ||||||
- | - | 912 | - | |||
Payment for debt issuance cost | ||||||
- | - | - | 0 | |||
Net cash provided by financing activities | ||||||
7,858 | 2,452 | 9,973 | -632 | |||
Net increase (decrease) in cash and cash equivalents | ||||||
407 | -1,909 | 1,997 | 57 | |||
Supplemental disclosure of cash flow information | ||||||
Cash paid for interest | ||||||
1,834 | 763 | 304 | - | |||
Cash paid for interest | ||||||
- | - | - | 218 | |||
Cash paid for income taxes | ||||||
1,606 | - | 1,747 | 461 | |||
Supplemental disclosure of non-cash investing and financing activities | ||||||
Capital expenditures funded by capital lease obligations and notes payable | ||||||
779 | 213 | 345 | - | |||
Stock issued for business acquisition | ||||||
- | 645 | - | - | |||
Capital expenditures funded by capital lease obligations | ||||||
- | - | - | 6 | |||