| Jun'19 | Jun'18 | |||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-12,306 | -2,488 | |||||
Adjustment to reconcile net loss to net cash used in operating activities: | ||||||
Bad debt expense | ||||||
345 | 169 | |||||
Stock-based compensation expense | ||||||
3,884 | - | |||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
1,669 | 329 | |||||
Prepaid expenses and other current assets | ||||||
351 | -161 | |||||
Accounts payable | ||||||
767 | -555 | |||||
Accounts payable and accrued liabilities | ||||||
126 | -51 | |||||
Deferred revenue | ||||||
154 | -651 | |||||
Net cash used in operating activities | ||||||
-9,048 | -3,743 | |||||
Cash flows from investing activities | ||||||
Cash received in connection with the reverse merger | ||||||
18,843 | - | |||||
Net cash used in investing activities | ||||||
18,843 | - | |||||
Cash flows from financing activities | ||||||
Cash received in connection with issuance of shares | ||||||
10,000 | 1,000 | |||||
Net cash provided by financing activities | ||||||
10,000 | 1,000 | |||||
Net change in cash and restricted cash | ||||||
19,794 | -2,743 | |||||
Cashless exercise of options | ||||||
0 | - | |||||
Prepaid expenses received in connection with reverse merger | ||||||
35 | - | |||||