Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Consolidated net loss $ (3,827) $ (3,612)
Adjustments to reconcile consolidated net loss to net cash used in operating activities:    
Share-based compensation 205 265
Amortization of intangible assets 85 88
Depreciation 338 324
Changes in operating assets and liabilities:    
Accounts receivable - trade (85) 315
Accounts receivable - unbilled 0 61
Work in process 26 22
Prepaid expenses and other current assets 77 131
Security deposit 0 2
Accounts payable (78) 53
Accrued expenses 123 102
Deferred revenue 119 (24)
Net cash used in operating activities (3,017) (2,273)
Cash flows from investing activities:    
Additions to intangible assets (15) (202)
Purchases of fixed assets (96) (400)
Net cash used in investing activities (111) (602)
Cash flows from financing activities:    
Proceeds from sale of common stock 1,000 0
Payment of capital lease obligation (44) (41)
Net cash provided by (used in) financing activities 956 (41)
Net decrease in cash (2,172) (2,916)
Cash - beginning of period 8,088 23,014
Cash - end of period 5,916 20,098
Schedule of non-cash activities:    
Unpaid intangible assets included in accounts payable 7 184
Intangible assets included in accounts payable in FY 2017, paid in FY 2018 11 0
Unpaid fixed assets included in accounts payable 9 71
Fixed assets included in accounts payable in FY 2017, paid in FY 2018 87 0
Supplemental cash flow information:    
Cash paid during the period for interest $ 481 $ 484