| Jul'19 | Jul'18 | Jul'17 | Jul'16 | Jul'15 | ||
|---|---|---|---|---|---|---|
Operating activities | ||||||
Net income (loss) | ||||||
-3,344 | -1,563 | -611 | 983 | 1,587 | ||
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||
Depreciation and amortization | ||||||
1,427 | 1,033 | 643 | 605 | 624 | ||
Impairment of investment in privately-held company | ||||||
-250 | - | - | - | - | ||
Loss on disposal of furniture and fixtures | ||||||
-3 | - | - | - | - | ||
Deferred income taxes | ||||||
- | 172 | -28 | -26 | -16 | ||
Write-off of capitalized software and technology development costs | ||||||
- | - | - | - | 0 | ||
Stock-based compensation | ||||||
619 | 595 | 275 | 166 | 79 | ||
Write-off of capitalized software and technology development costs | ||||||
- | - | 36 | - | - | ||
Stock issued to FreeForm noteholders | ||||||
- | 242 | 0 | - | - | ||
Write-off of capitalized software and technology development costs | ||||||
- | - | - | -281 | - | ||
Change in assets and liabilities: | ||||||
Trade accounts receivable | ||||||
-644 | 65 | 45 | 46 | 334 | ||
Prepaid expenses and other current assets | ||||||
-277 | -108 | 481 | 94 | 97 | ||
Other assets | ||||||
-5 | -5 | 8 | 7 | 8 | ||
Trade accounts payable and accrued expenses | ||||||
-311 | -171 | 400 | 39 | 459 | ||
Due to IDT Corporation | ||||||
- | -35 | -263 | -70 | -121 | ||
Deferred revenues | ||||||
506 | 11 | -15 | 11 | -2 | ||
Net cash provided by operating activities | ||||||
76 | 332 | -97 | 1,842 | - | ||
Investing activities | ||||||
Net cash provided by operating activities | ||||||
- | - | - | - | 2,171 | ||
Capitalized software and technology development costs and purchase of equipment | ||||||
1,490 | 1,702 | 1,506 | 1,006 | 886 | ||
Investment in privately-held company | ||||||
250 | - | - | - | - | ||
Net cash used in investing activities | ||||||
-1,740 | -1,702 | -1,506 | -1,006 | - | ||
Financing activities | ||||||
Net cash used in investing activities | ||||||
- | - | - | - | -886 | ||
Proceeds from exercise of stock options | ||||||
5 | 232 | 166 | 9 | 9 | ||
Purchase of treasury stock in connection with restricted stock vesting | ||||||
47 | - | - | - | - | ||
Net cash provided by (used in) financing activities | ||||||
-42 | 232 | 166 | 3,009 | - | ||
Sale of equity prior to the Spin-Off | ||||||
- | - | - | 3,000 | 0 | ||
Net cash provided by financing activities | ||||||
- | - | - | - | 9 | ||
Effect of exchange rate changes on cash and cash equivalents | ||||||
-93 | -34 | 39 | -37 | 111 | ||
Net increase (decrease) in cash and cash equivalents | ||||||
-1,799 | -1,172 | -1,398 | 3,808 | 1,405 | ||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||||
Cash payments made for income taxes | ||||||
1 | 31 | - | - | - | ||
Note payable issued for insurance premium financing | ||||||
141 | - | - | - | - | ||
Cash payments made for taxes | ||||||
- | - | 0 | 112 | 208 | ||
Receivable for exercise of stock options | ||||||
- | - | - | 56 | 0 | ||
Reclassification of mezzanine equity | ||||||
- | - | - | 100 | 0 | ||