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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (899) $ (2,462)
Adjustments to reconcile net loss to net cash used in operating activities :    
Allowance for bad debt 9 4
Stock based compensation 89 41
Unrealized loss on equity investment 2
Change in fair value of contingent consideration (364) (172)
Fair value of restricted stock awards and restricted stock units issued in exchange for services 608 560
Loss on disposal of equipment 2
Impairments 13 34
Amortization and depreciation 599 540
Unrealized loss on foreign currency transactions 30 10
Changes in operating assets and liabilities:    
Accounts receivable 1,790 3,156
Unbilled revenue 530 451
Inventory 15 34
Prepaid expenses and other current assets 47 46
Accounts payable, other accrued expenses and net change in operating leases  (2,155) (2,709)
Net cash provided by (used) in operating activities 312 (463)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of patents (12) (42)
Purchase of office equipment (5) (24)
Cash paid in business combination (363)
Deferred implementation costs (56)
Capitalized software costs (174) (373)
Net cash used in investing activities (191) (858)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from line of credit 800
Proceeds from SPP Plan 21 71
Contingent consideration payments (36)
Tax withholding payments for employee stock-based compensation in exchange for shares surrendered (47) (3)
Increase in treasury shares (share repurchase program) (1) (10)
Repayment of debt and line of credit (250) (250)
Net cash (used in) provided by financing activities (313) 608
Effect of exchange rate changes on cash (3) (1)
NET DECREASE IN CASH AND CASH EQUIVALENTS (195) (714)
CASH AND CASH EQUIVALENTS INCLUDING RESTRICTED CASH- BEGINNING OF PERIOD 3,095 3,411
CASH AND CASH EQUIVALENTS INCLUDING RESTRICTED CASH- END OF PERIOD 2,900 2,697
Cash paid during the period for:    
Interest 94 68
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Change in fair value of interest rate, swap $ 5 $ 1