| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss from continuing operations | ||||||
-14,412 | -5,709 | - | - | |||
Net loss from held for sale and discontinued operations | ||||||
-1,472 | 6 | - | - | |||
Net loss | ||||||
-15,884 | -5,703 | -5,041 | -38 | |||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation | ||||||
348 | 309 | - | - | |||
Depreciation | ||||||
- | - | 142 | 51 | |||
Amortization of right-of-use lease asset | ||||||
211 | 0 | - | - | |||
Stock-based compensation | ||||||
446 | 465 | 408 | 26 | |||
Amortization of financing costs | ||||||
1,101 | 94 | - | - | |||
Warrant expense | ||||||
0 | 134 | - | - | |||
Amortization of financing costs | ||||||
- | - | 109 | 28 | |||
Deferred rent | ||||||
0 | 11 | 20 | -4 | |||
Warrant expense | ||||||
- | - | 67 | 101 | |||
Change in fair value of derivative liability | ||||||
0 | -78 | 60 | 0 | |||
Amortization of intangible assets | ||||||
1,308 | 738 | 546 | 0 | |||
Changes in operating assets and liabilities | ||||||
Impairment of intangible assets | ||||||
1,549 | 0 | - | - | |||
Loss on notes receivable writedown | ||||||
- | - | 450 | 0 | |||
Allowance for other receivables | ||||||
- | - | 0 | - | |||
Impairment of investment | ||||||
0 | 262 | 0 | - | |||
Allowance for other receivables | ||||||
0 | 135 | - | - | |||
Loss on extinguishment of debt | ||||||
-1,158 | 0 | - | - | |||
Loss on abandonment of lease | ||||||
-70 | 0 | - | - | |||
Provision for losses on accounts receivable | ||||||
- | - | 24 | 0 | |||
Provision for deferred taxes | ||||||
10 | 0 | -294 | -219 | |||
Loss on sale of Secure Education Consultants | ||||||
-3 | 0 | - | - | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
5,101 | -733 | 158 | 263 | |||
Inventory | ||||||
229 | -83 | -12 | 0 | |||
Deposits and other long-term assets | ||||||
40 | -16 | -95 | 0 | |||
Other current assets | ||||||
50 | -52 | 183 | 7 | |||
Accounts payable and accrued expenses | ||||||
954 | -289 | -398 | 157 | |||
Accrued expenses | ||||||
- | - | 1,033 | 22 | |||
Contract liabilities | ||||||
929 | 22 | 95 | 0 | |||
Lease liability | ||||||
-102 | 0 | - | - | |||
Net cash used in operating activities continuing operations | ||||||
-11,767 | -3,076 | - | - | |||
Net cash (used in) provided by operating activities, held for sale operations | ||||||
-9,565 | 1,025 | - | - | |||
Notes receivable | ||||||
- | - | -75 | 0 | |||
Net cash used in operating activities | ||||||
-21,332 | -2,051 | -3,167 | -136 | |||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Proceeds from sale of note receivable | ||||||
0 | 1,475 | 0 | - | |||
Proceeds from sale of Secure Consultants | ||||||
250 | 0 | - | - | |||
Capital expenditures | ||||||
806 | 1,003 | 289 | 36 | |||
Net cash (used in) provided by investing activities, continuing operations | ||||||
-556 | 472 | - | - | |||
Net cash provided by investing activities - held for sale operations | ||||||
-7 | -77 | - | - | |||
Net cash (used in) provided by investing activities | ||||||
-563 | 395 | -289 | -36 | |||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from short-term borrowings | ||||||
5,463 | 41,168 | 7,761 | 0 | |||
Repayments of short-term borrowings | ||||||
611 | 43,171 | 7,111 | 0 | |||
Net proceeds from notes payable | ||||||
3,839 | 2,000 | 0 | 500 | |||
Acquisition of Firestorm - net of cash acquired | ||||||
- | - | 417 | 0 | |||
Acquisition of Brekford - net of cash acquired | ||||||
- | - | 1,943 | 0 | |||
Acquisition of Global - net of cash required | ||||||
- | - | 1,069 | 0 | |||
Acquisition of BC Management | ||||||
- | - | 100 | 0 | |||
Net proceeds from exercise of options | ||||||
0 | 23 | 0 | - | |||
Net proceeds from exercise of warrants | ||||||
103 | 0 | - | - | |||
Net proceeds from exercise of warrants associated to series A preferred stock | ||||||
4 | 0 | - | - | |||
Net proceeds from exercise of warrants | ||||||
- | - | 125 | - | |||
Net proceeds from issuance of common stock | ||||||
0 | 2,797 | 0 | 0 | |||
Net proceeds from at-the-market agreement | ||||||
2,949 | 0 | - | - | |||
Net proceeds from issuance of preferred stock | ||||||
- | - | 1,745 | 2,269 | |||
Stockholders' distributions | ||||||
- | - | - | 125 | |||
Payment of deferred offering costs | ||||||
- | - | 0 | 216 | |||
Payment of preferred dividends | ||||||
108 | 345 | 251 | 0 | |||
Payment of financing costs | ||||||
0 | 63 | 0 | 33 | |||
Net cash provided by financing activities continuing operations | ||||||
11,639 | 2,409 | - | - | |||
Net cash provided by (used in) financing activities held for sale operations | ||||||
9,354 | 58 | - | - | |||
Net cash provided by financing activities | ||||||
20,993 | 2,467 | 2,625 | 2,393 | |||
Net increase (decrease) in cash, cash equivalents and restricted cash, continuing operations | ||||||
-684 | -195 | - | - | |||
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents held for sale operations and discontinued operations | ||||||
-218 | 1,006 | - | - | |||
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents | ||||||
-902 | 811 | -831 | 2,220 | |||
Reconciliation of cash, cash equivalents and restricted cash and cash equivalents: | ||||||
Cash and cash equivalents at end of period held for sale operations | ||||||
225 | 90 | - | - | |||