Cash Flow

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (14,176) $ (6,556)
Adjustments to reconcile net loss to cash provided by operating activities:    
Depreciation and amortization 4,458 4,486
Goodwill impairment charge 4,300
Stock Compensation expense 1,661 1,028
Provision for doubtful accounts (815)
Deferred income taxes 396 290
Amortization of debt discount 634 576
Interest expense paid with common and preferred stock 1,224 1,610
Changes in operating assets and liabilities:    
Accounts receivable 318 2,827
Accrued interest 1,332
Accounts payable 1,390 (1,213)
Accrued compensation (25) (2,206)
Other current items, net (531) (594)
Long-term items, net (200) (67)
Net cash (used in) provided by operating activities (551) 698
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (108) (224)
Net cash used in investing activities (108) (224)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on term loan (2,187) (2,112)
Payments on subordinated debt (107) (806)
Payments on capital lease (37)
Net proceeds from revolving credit 1,940 2,296
Net proceeds from subordinate note 2,000
Net cash provided by (used in) financing activities 1,609 (622)
Net change in cash 950 (148)
Cash at beginning of period 3,213 2,785
Cash at end of period 4,163 2,637
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 7,373 6,435
Cash paid for taxes 75
Non-cash financing activities    
Conversion of Series B Convertible Preferred Stock to common stock 1,238 545
Beneficial conversion features on subordinated debt 841
Issuance of stock for extinguishment of debt 385
Acquisition of equipment with capital lease $ 102

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