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Consolidated Statement of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ (4,298,000) $ (4,573,000)
Adjustments to reconcile net loss to cash (used in) provided by operating activities:    
Depreciation and amortization 9,415,000 4,343,000
Gain on forward currency contract (132,000) (278,000)
Changes in allowances for credit losses (561,000) 42,000
Gain on Payroll Protection Program loan forgiveness   (3,747,000)
Inventory write-down   3,226,000
Changes in inventory reserves (1,588,000) (1,621,000)
Changes in deferred income taxes 1,348,000 (106,000)
Amortization of deferred financing cost 103,000 111,000
Write-down of goodwill 0 1,130,000
Write-down of intangibles   872,000
Write-down of fixed assets   76,000
Gain on disposal of assets (767,000)  
Retirement of assets 127,000  
Amortization of debt discount 65,000 152,000
Share-based compensation 2,345,000 1,056,000
Adjustment to deferred gain on sales and lease back (80,000) (80,000)
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (9,614,000) (322,000)
(Increase) decrease in other receivable 182,000 (1,947,000)
(Increase) decrease in inventory (3,737,000) (12,777,000)
(Increase) decrease in prepaid expenses (1,321,000) (273,000)
Increase (decrease) in other assets 1,062,000 (89,000)
Increase (decrease) in accounts payable 2,824,000 14,221,000
Increase (decrease) in accrued expenses 1,700,000 3,293,000
Increase (decrease) in other current liabilities (3,515,000) 4,973,000
Increase (decrease) in other long-term liabilities 1,374,000 (226,000)
Net cash (used in) provided by operating activities (5,068,000) 7,456,000
Cash flows from investing activities:    
Payments for acquisition, net of cash acquired (38,366,000)  
Proceeds from the sale of assets 1,905,000  
Purchase of property and equipment (16,089,000) (890,000)
Investment in intangibles other than goodwill (77,000) (247,000)
Net cash used in investing activities (52,627,000) (1,137,000)
Cash flows from financing activities:    
Net borrowings on revolving term credit facility 41,668,000  
Payments on revolving term credit facilities (12,800,000)  
Borrowings on term debt 15,000,000  
Net borrowings on working capital facilities 4,480,000 3,055,000
New borrowings- other 2,366,000 1,095,000
Note payments (3,962,000) (3,704,000)
Shares repurchased for income tax withholding on share-based compensation (260,000) (56,000)
Debt issuance Costs (125,000)  
Payments on finance lease obligations (428,000) (344,000)
Net cash provided by financing activities 45,939,000 46,000
Net (decrease) increase in cash and cash equivalents (11,756,000) 6,365,000
Effect of exchange rate increase (1,635,000) (2,185,000)
Cash and cash equivalents at the beginning of the year 21,581,000 17,401,000
Cash and cash equivalents at end of period $ 8,190,000 $ 21,581,000