Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities:    
Net loss $ (5,028) $ (5,094)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization of property and equipment 8,602 7,928
Amortization of debt issuance costs and warrants 882 1,088
Change in fair value of stock warrants 1,379 543
(Gain) loss on disposals and other (1) 567
Share-based compensation 525 409
Share-based compensation    
Accounts receivable 149 (445)
Inventories and prepaid expenses (403) (5)
Deferred taxes (150) 631
Accounts payable and accrued expenses 1,188 2,298
Net cash provided by operating activities 7,143 7,920
Cash flows from investing activities:    
Acquisition of Bronco Billy's, net of cash acquired 0 (28,369)
Purchase of property and equipment (11,070) (3,496)
Restricted cash 0 569
Proceeds from repayment of tribal advance 0 250
Refunded acquisition deposit and other, net (141) 2,536
Net cash used in investing activities (11,211) (28,510)
Cash flows from financing activities:    
First Term Loan repayments (2,249) (2,688)
Revolving Loan repayments 0 (2,000)
Second Term Loan borrowings 0 35,000
Repayment of long-term debt on capital lease obligation (455) (433)
Deferred financing costs (429) (1,466)
Proceeds from issuance of common stock, net of issuance costs 0 4,641
Proceeds from exercise of stock options 73 0
Net cash (used in) provided by financing activities (3,060) 33,054
Net (decrease) increase in cash and equivalents (7,128) 12,464
Cash and equivalents, beginning of year 27,038 14,574
Cash and equivalents, end of year 19,910 27,038
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest, net of amounts capitalized 9,909 8,187
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued capital expenditures 1,435 1,367
Issuance of common stock warrants $ 0 $ 574