Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:          
Net loss $ (2,878) $ (129) $ (4,669) $ (78) $ (2,372)
Adjustments to reconcile net loss to cash provided by (used in) operating activities:          
Depreciation and amortization     2,985 888  
Stock option expense     629 385  
Provision for doubtful accounts     (602)  
Deferred income taxes     668  
Amortization of debt discount and non cash extinguishment of debt     384 107  
Changes in operating assets and liabilities -          
Accounts receivable     3,182 (1,530)  
Accrued interest     (23)  
Accounts payable     (607) (961)  
Accrued compensation     (2,968) 165  
Other current items, net     1,039 756  
Long-term liabilities     154 (13)  
Net cash provided by (used in) operating activities     172 (281)  
CASH FLOWS FROM INVESTING ACTIVITIES:          
Acquisition of property and equipment     (199) (66)  
Acquisition payments, net of cash acquired     (470)  
Net cash used in investing activities     (199) (536)  
CASH FLOWS FROM FINANCING ACTIVITIES:          
Payments on the debt related to acquisitions     (504) (1,153)  
Payments on senior debt     (1,312)  
Proceeds from exercise of stock warrants     1,000  
Payments on capital lease     (11)  
Net proceeds from short-term debt     15  
Net proceeds from revolving credit     1,996  
Net cash provided by (used in) financing activities     180 (149)  
Net change in cash     153 (966)  
Cash at beginning of period     2,785 2,528 2,528
Cash at end of period $ 2,938 $ 1,562 2,938 1,562 $ 2,785
SUPPLEMENTAL CASH FLOW INFORMATION:          
Cash paid for interest     4,547 656  
Cash paid for taxes     130  
Non-cash financing activities          
Stock paid for interest on subordinated notes     1,209  
Stock paid for fees in connection with subordinated note     385  
Conversion of Preferred B stock to common stock     $ 545