Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows Used in Operating Activities    
Net income (loss) $ 2,414,000 $ (4,786,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 972,000 1,257,000
Realignment accrual accretion 16,000
Interest accretion 231,000 203,000
Provision for bad debt 34,000 89,000
Amortization of debt issuance costs 21,000
Mark to market on derivatives 42,000
Loss on extinguishment of debt 1,547,000
Reversal of severance accrual (2,034,000)
Stock-based compensation 58,000 67,000
Change in fair value of contingent consideration (5,776,000)
Other (gains), losses and expenses, net (13,000)
Other changes in assets and liabilities:    
(Increase) decrease in accounts receivable (90,000) 4,270,000
Decrease in unbilled receivable 16,000
Decrease (increase) in other current assets 161,000 (460,000)
Decrease in other long-term assets 250,000 689,000
Increase (decrease) in accounts payable 295,000 (1,887,000)
Decrease in unearned contract revenue (11,000)
Decrease in accrued salaries and bonus (1,639,000) (372,000)
Decrease in accrued liabilities (648,000) (2,566,000)
Increase (decrease) in long-term liabilities 13,000 (482,000)
Net cash used in operating activities (4,149,000) (3,970,000)
Cash Flows From Investing Activities    
Purchase of property and equipment
Net cash used in investing activities
Cash Flows From Financing Activities    
Issuance of common stock, net of expenses 10,701,000
Cash paid for repurchase of restricted shares (28,000)
Net cash used in financing activities 10,673,000
Net increase (decrease) in cash and cash equivalents 6,524,000 (3,970,000)
Cash and cash equivalents - beginning 602,000 8,310,000
Cash and cash equivalents - ending 7,126,000 4,340,000
Cash paid for interest