| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||
Net (loss) | |||||||||
-5,115 | -3,775 | -3,008 | -1,196 | 1,016 | 3,838 | - | - | - | - |
Net income | |||||||||
- | - | - | - | - | - | -789 | 1,275 | 351 | -464 |
Adjustments to reconcile net (loss) to net cash (used) by operating activities: | |||||||||
Depreciation | |||||||||
1,022 | 875 | 761 | 738 | 466 | 40 | 31 | 6 | 3 | 23 |
Amortization | |||||||||
1,000 | 1,000 | 496 | 163 | 29 | 0 | - | - | - | - |
Unrealized (gain) loss on marketable securities | |||||||||
- | - | - | - | - | - | -4 | -63 | -24 | 0 |
Deferred income tax (benefit) | |||||||||
- | - | - | - | - | -1,621 | 0 | - | - | - |
Cancellation of stock based compensation | |||||||||
- | - | - | 261 | - | - | - | - | - | - |
Deferred compensation | |||||||||
- | - | - | - | - | - | - | - | - | 348 |
Provision for loss on note receivable | |||||||||
108 | 36 | 71 | 0 | - | - | - | - | - | 17 |
Goodwill | |||||||||
- | - | - | 5 | 0 | - | - | - | - | - |
Non-cash stock-based compensation | |||||||||
1,292 | 1,251 | 968 | 1,314 | 1,275 | 291 | 293 | 251 | 348 | - |
Amortization of warrant costs | |||||||||
35 | 8 | 0 | - | - | - | - | - | - | - |
Cancellation of stock based compensation | |||||||||
- | - | - | 261 | -163 | 0 | - | - | - | - |
Issuance of stock to consultant | |||||||||
0 | 7 | 40 | 51 | 0 | - | - | - | 45 | 432 |
Issuance of stock to Akimbo to settle Indemnification liability | |||||||||
- | - | - | 419 | - | - | - | - | - | - |
Deferred income tax | |||||||||
- | - | 227 | 0 | - | - | - | - | - | - |
Marketable securities received in litigation settlement | |||||||||
- | - | - | - | - | - | - | -20 | 0 | -100 |
Changes in current assets and current liabilities: | |||||||||
Accounts receivable | |||||||||
59 | 244 | 133 | -227 | 98 | 452 | 181 | 27 | 238 | 63 |
Prepaid expenses and other | |||||||||
81 | -75 | 34 | -7 | 19 | 30 | -15 | 82 | 10 | 5 |
Operating lease right-of-use assets | |||||||||
2,480 | - | - | - | - | - | - | - | - | - |
Other assets | |||||||||
97 | 149 | -43 | -2 | -1 | 55 | 68 | 11 | - | 32 |
Other assets | |||||||||
- | - | - | - | - | - | - | - | -2 | - |
Related party receivable | |||||||||
- | - | - | - | - | - | - | - | 0 | 246 |
Accounts payable and accrued expenses | |||||||||
619 | 42 | 458 | -623 | -416 | -5 | 251 | 333 | -546 | -35 |
Operating lease liabilities | |||||||||
2,635 | - | - | - | - | - | - | - | - | - |
Prepaid card load obligations | |||||||||
-7 | 346 | - | - | - | - | - | - | - | - |
Merchant reserves | |||||||||
2,628 | 2,331 | 826 | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
103 | 20 | 0 | - | - | - | - | - | - | - |
Deferred rent | |||||||||
-79 | 79 | 0 | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
- | - | - | - | - | - | -3 | -0 | -18 | 5 |
Settlement processing assets, net | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Net cash provided by operating activities: | |||||||||
- | - | - | - | 2,089 | - | - | - | - | - |
Restricted cash, net | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Customer deposits payable | |||||||||
- | - | - | - | - | - | 23,625 | -1,314 | 2,445 | 534 |
Net cash (used) by operating activities | |||||||||
-3,732 | -2,756 | -936 | 848 | - | 2,006 | 23,177 | 475 | 2,404 | 413 |
Investing activities: | |||||||||
Proceeds from sales of investments | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Purchases of property and equipment | |||||||||
647 | 703 | 372 | 155 | 785 | 36 | 62 | 93 | 4 | 0 |
Repayment of note receivable | |||||||||
0 | 5 | - | - | - | - | - | - | - | - |
Payments to Acquire Businesses, Gross | |||||||||
- | - | 900 | 0 | - | - | - | - | - | - |
Payments To Acquire Businesses, Note Receivable Assumed | |||||||||
- | - | 600 | 0 | - | - | - | - | - | - |
Notes receivable | |||||||||
- | - | -50 | 200 | - | - | - | - | - | - |
Notes receivable | |||||||||
- | - | - | - | 0 | - | - | - | - | - |
Net cash (used) by investing activities: | |||||||||
- | - | - | - | -785 | - | - | - | - | - |
Net cash (used) by investing activities | |||||||||
-647 | -698 | -1,822 | -355 | - | -36 | -62 | -93 | -4 | -0 |
Financing activities: | |||||||||
Proceeds from public offering, net of expenses | |||||||||
1,793 | 0 | 2,725 | 0 | - | - | - | - | - | - |
Purchases of treasury stock | |||||||||
71 | 982 | 112 | 431 | 48 | 0 | - | - | - | 0 |
Net cash (used) by financing activities: | |||||||||
- | - | - | - | -48 | - | - | - | - | - |
Proceeds from debt | |||||||||
- | - | - | - | - | - | - | 479 | 400 | 0 |
Payments on debt | |||||||||
- | - | - | - | - | - | - | 779 | 100 | 0 |
Purchases of treasury stock | |||||||||
- | - | - | - | - | - | -301 | 0 | - | - |
Net cash provided (used) by financing activities | |||||||||
1,721 | -982 | 2,612 | -431 | - | 0 | -301 | -300 | 300 | 0 |
Change in cash, cash equivalents, prepaid card load assets and merchant reserves | |||||||||
-2,658 | -4,437 | -146 | - | - | - | - | - | - | - |
Change in cash and cash equivalents | |||||||||
- | - | - | 61 | 1,256 | 1,969 | 22,813 | 81 | 2,699 | 413 |
Supplemental disclosure of cash flow information: | |||||||||
Acquisition of Akimbo Financial Inc. for common shares | |||||||||
- | - | - | - | - | 2,250 | - | - | - | - |
Settlement of related party receivable with treasury stock | |||||||||
- | - | - | - | - | - | 702 | 0 | - | - |
Acquisition of Akimbo Financial Inc. for common shares | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Interest | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
Income taxes | |||||||||
82 | 49 | 45 | 48 | 32 | 44 | 41 | 13 | 18 | 13 |
Non-cash transactions: | |||||||||
Issuance of common stock in exchange for purchases of Singular Payments, LLC | |||||||||
- | - | 3,500 | 0 | - | - | - | - | - | - |
Forgiveness of note receivable in exchange for purchase of Singular Payments, LLC | |||||||||
- | - | 600 | 0 | - | - | - | - | - | - |
Issuance of deferred stock compensation | |||||||||
273 | 303 | 3,713 | 0 | - | - | - | - | - | - |