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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (4,046,473) $ (23,585,291)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Deferred income tax expense 107,157 5,034,385
Depreciation expense 1,088,546 1,084,001
Impairment charge - goodwill 0 16,277,000
Impairment charge - definite-lived intangible assets 193,336 0
Provision for credit losses 47,060 11,852
Amortization of intangibles 2,282,322 1,451,091
Share-based compensation expense 960,991 528,582
Change in fair value of contingent consideration 0 (1,340,100)
Loss on disposal of fixed assets 1,927 0
Changes in assets and liabilities:    
Accounts receivable and unbilled receivables (4,686,874) 3,945,175
Inventories (143,668) 367,551
Other current assets (3,171) 1,887,717
Other assets 33,574 27,967
Accounts payable and accrued expenses 3,837,059 1,252,212
Income tax payable (2,234) 69,901
Deferred revenue and other liabilities 955,696 (585,816)
Other liabilities 0 (358,000)
Net cash provided by operating activities 625,248 6,068,227
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (208,202) (244,953)
Capitalized hardware and software development costs (881,887) (3,163,726)
Proceeds from beneficial interest in sold receivables 469,104 0
Net cash used in investing activities (620,985) (3,408,679)
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances on bank line of credit 6,493,284 15,298,792
Repayments of bank line of credit advances (6,493,284) (15,298,792)
Principal repayments under finance lease obligations (586,525) (600,438)
Withholding taxes paid on behalf of employees on net settled restricted stock awards (3,627) (49,224)
Common stock repurchased 0 (818,211)
Net cash used in financing activities (590,152) (1,467,873)
Net effect of exchange rate on cash (23,815) (140,791)
NET (DECREASE) INCREASE IN CASH (609,704) 1,050,884
CASH, beginning of period 7,530,864 6,479,980
CASH, end of period 6,921,160 7,530,864
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 223,307 194,754
Cash paid for income taxes 0 27,559
NONCASH INVESTING AND FINANCING ACTIVITIES    
Capitalized hardware and software development costs in accounts payable 0 34,923
Leased assets and lease liabilities terminated $ 0 $ 876,281