Cash Flow

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (315) $ (3,563)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:    
Depreciation and amortization 1,117 1,477
Non-cash lease expense 338 430
Stock Compensation expense 311 597
Recovery for doubtful accounts (397) (273)
Deferred income taxes (215) 58
Amortization of debt discount 445 279
Interest expense paid with common and preferred stock 0 444
Paid in kind interest on term loan 547 0
Change in acquisition deposit for working capital guarantee 0 (400)
Changes in operating assets and liabilities:    
Accounts receivable (2,176) 888
Accounts payable (131) (807)
Accrued compensation (598) (834)
Accrued Interest 46 0
Change in other assets, net of change in other liabilities 1,075 254
Cash provided by (used in) operating activities 47 (1,450)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (2) (58)
Net cash used in investing activities (2) (58)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on term loan 0 (500)
Net proceeds from revolving credit 0 92
Net cash used in financing activities 0 (408)
Net change in cash 45 (1,916)
Cash at beginning of period 14,074 4,055
Cash at end of period 14,119 2,139
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 1,647 2,497
Cash paid for taxes 21 45
Non-cash investing and financing activities    
Right-of-use assets, net of deferred rent 0 5,900
Operating lease liability 0 6,341
Acquisition of equipment with finance lease $ 14 $ 0

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