Cash Flow

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,098) $ 141
Adjustments to reconcile net loss to cash (used in) provided by operating activities:    
Depreciation and amortization 2,636 1,432
Stock option expense 640 594
Provision for doubtful accounts 1,724 (44)
Amortization of debt discount and non cash extinguishment of debt 1,006 161
Change in contingent consideration (581)
Changes in operating assets and liabilities -    
Accounts receivable (3,458) 111
Acquisition deposit 1,500
Accrued interest 1,700
Accounts payable (1,006) 274
Accrued compensation 251 (301)
Other current items, net 128 (1,243)
Long-term liabilities (16) 123
Net cash (used in) provided by operating activities (993) 667
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (79) (60)
Acquisition payments, net of cash acquired (25,106) (9,395)
Net cash used in investing activities (25,185) (9,455)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from subordinated debt 4,107
Payment on SNI debt (19,951)
Payments on the debt related to acquisitions (1,219) (356)
Proceeds from exercise of stock warrants 1,000
Payments on capital lease (17) (61)
Net proceeds from term note 45,676
Net proceeds from revolving credit facility 1,015 2,724
Net cash provided by financing activities 26,504 6,414
Net change in cash 326 (2,374)
Cash at beginning of period 2,528 5,932
Cash at end of year 2,854 3,558
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 1,122 684
Cash paid for taxes
Non-cash financing activities    
Stock paid for prepaid interest on subordinated note 566
Stock paid for fees in conection with subordinated note 23
Issuance of common stock for acquisition 2,197
Note issued in connection with acquisition 3,000
Earn-out liability, contingent consideration, and other liabilities incurred in connection with acquisition 4,246
Payment of contingent consideration with common shares 544
Issuance of preferred stock for acquisition 29,333
Issuance of note payable for acquisition 12,500
Issuance of stock for extinguishment of debt $ 385

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