| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||
Net income | ||||||||||||
5,688 | 5,341 | 4,038 | 7,074 | 3,156 | 4,865 | -13,413 | 1,844 | -540 | -3,112 | -7,021 | 124 | -165 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
Interest earned on marketable securities held in Trust Account | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 340 | 61 |
Depreciation and amortization | ||||||||||||
2,690 | 3,203 | 3,179 | 3,155 | 3,152 | 3,921 | 4,143 | 3,818 | 3,789 | - | - | - | - |
Share-based compensation | ||||||||||||
722 | 715 | 634 | 634 | 626 | 660 | 4,453 | 485 | 228 | - | - | - | - |
Provision for bad debts | ||||||||||||
737 | 455 | 619 | 192 | 360 | 493 | 358 | 342 | 43 | - | - | - | - |
Debt origination costs amortization | ||||||||||||
188 | 154 | 188 | 183 | 175 | 3,700 | 236 | 233 | 231 | - | - | - | - |
Deferred income tax provision (benefit), net | ||||||||||||
382 | 1,291 | -100 | 885 | -213 | -6,715 | 7,937 | -781 | -250 | - | - | - | - |
Loss on disposal of property and equipment | ||||||||||||
-57 | -83 | -69 | -62 | -51 | -64 | -48 | -62 | -42 | - | - | - | - |
Total adjustments | ||||||||||||
4,776 | 5,935 | 4,589 | 5,111 | 4,151 | 4,014 | 17,175 | 4,159 | 4,083 | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||
Accrued expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 6 | 16 |
Income taxes payable | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 109 | 0 |
Accounts receivable | ||||||||||||
-744 | -13,569 | -38,637 | 6,638 | 51,223 | -44,623 | 25,465 | 15,218 | -10,397 | - | - | - | - |
Prepaid wires | ||||||||||||
-9,271 | 8,454 | 695 | 1,540 | -19,494 | 21,785 | -9,447 | 2,426 | 4,236 | 1,741 | 2,346 | -30 | 86 |
Prepaid expenses and other assets | ||||||||||||
-1,240 | 1,592 | -207 | 43 | -769 | 652 | 1,409 | -337 | 356 | - | - | - | - |
Wire transfers and money orders payables | ||||||||||||
758 | -17,631 | -26,175 | -3,283 | 50,505 | -41,539 | 27,853 | -3,190 | 4,977 | - | - | - | - |
Accounts payable and accrued other liabilities | ||||||||||||
-3,697 | -1,781 | 4,460 | 2,190 | 2,363 | -204 | 9,398 | 3,379 | 3,720 | - | - | - | - |
Net cash provided by operating activities | ||||||||||||
18,780 | -4,613 | 25,061 | 2,871 | 29,215 | -10,678 | 23,586 | -11,115 | 18,045 | 18,252 | -10,468 | -69 | -297 |
Cash flows from investing activities: | ||||||||||||
Investment of cash in Trust Account | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 175,000 |
Cash deposited into Trust Account | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Cash withdrawn from Trust Account | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Purchases of property and equipment | ||||||||||||
901 | 2,652 | 1,404 | 1,220 | 1,193 | 1,756 | 1,337 | 728 | 1,510 | - | - | - | - |
Acquisition of agent locations | ||||||||||||
0 | -250 | 0 | 0 | 250 | 0 | 0 | 0 | 0 | - | - | - | - |
Net cash used in investing activities | ||||||||||||
-901 | -2,652 | -1,404 | -1,220 | -1,443 | -1,876 | -1,337 | -728 | -1,510 | -1,256 | 170,981 | 0 | -175,000 |
Cash flows from financing activities: | ||||||||||||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | -171,940 |
Proceeds from sale of Private Placement Units | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 4,200 |
Proceed from issuance of common stock to Initial Stockholders | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 3 |
Proceeds from promissory note - related party | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Repayment of promissory note - related party | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 231 |
Repayments under revolving loan, net | ||||||||||||
0 | 0 | -35,000 | 20,000 | -15,000 | 10,000 | 2,425 | -2,425 | 0 | - | - | - | - |
Repayments of term loan | ||||||||||||
1,915 | 1,277 | 1,277 | 1,277 | 1,125 | 92,150 | 3,638 | -1,213 | 1,213 | - | - | - | - |
Payment of offering costs | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 463 |
Net cash used in financing activities | ||||||||||||
-1,915 | -994 | -36,277 | 20,452 | -16,125 | 2,520 | -1,208 | -1,212 | -1,213 | -1,390 | -161,130 | 0 | 175,447 |
Effect of exchange rate changes on cash | ||||||||||||
-243 | 187 | -75 | 42 | 63 | -67 | 113 | -393 | 307 | - | - | - | - |
Net increase in cash | ||||||||||||
15,721 | -8,072 | -12,695 | 22,145 | 11,710 | -10,101 | 21,154 | -13,448 | 15,629 | - | - | - | - |
Net Change in Cash | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | -69 | 150 |
Supplemental disclosure of cash flow information: | ||||||||||||
Cash paid for interest | ||||||||||||
1,685 | 2,988 | 1,997 | 888 | 2,895 | 1,293 | 3,205 | 2,921 | 3,284 | - | - | - | - |
Cash paid for income taxes | ||||||||||||
832 | 2,320 | 1,490 | 1,060 | 0 | - | - | - | - | - | - | - | - |
Supplemental disclosure of non-cash financing activity: | ||||||||||||
Deferred underwriting fees charged to additional paid in capital | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 9,190 |
Deferred legal fees charged to additional paid in capital | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 25 |
Initial Classification of Common Stock Subject to Possible Redemption | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 161,314 |
Change in Value of Common Stock Subject to Possible Redemption | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 124 | -166 |
Issuance of common stock for cashless exercise of options | ||||||||||||
4 | - | - | - | 0 | - | - | - | - | - | - | - | - |