• Filing Date: 2020-08-03
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.2
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
6 Months Ended
Jun. 30, 2020
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Supplemental disclosures of cash flow information for the six months ended June 30, 2020 and June 30, 2019 were as follows (dollars in thousands):

 

    Six Months Ended June 30,  
    2020     2019  
Cash paid for interest - continuing operations   $ 994     $ 839  
Cash paid for interest - discontinued operations     241       184  
Cash paid for taxes - continuing operations     -       -  
Cash paid for taxes - discontinued operations     -       11  
Non-cash financing - Paid-in-kind interest transferred to the principal balance of the 2019 Promissory Notes     (1,283 )     -  
Non-cash operating - Paid-in-kind interest transferred to the principal balance of the 2019 Promissory Notes     1,283       -  
Note received as part of TeamGlobal Sale     1,700       -  
Note received as part of AOC Key Solutions Sale     600       -  
Financing:                
Notes payable - continuing operations     -       21,000  
Debt discount financing costs     -       (2,599 )
Extinguishment of debt     -       (1,113 )
Repayment of notes payable and interest expense, net of debt discount     -       (2,515 )
Investment in OpenALPR Technology     -       (12,000 )
Issuance of warrants in conjunction with notes payable     -       706  
Accounts Payable     -       360  
Proceeds from notes payable     -       3,839  
Adoption of ASC-842 Lease Accounting:                
Right-of-use lease asset     132       291  
Lease liability   $ (132 )   $ (291 )