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Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,614 $ 12,251
Reconciliation of Net Income to Net Cash Provided by Operating Activities:    
Depreciation 412 470
Deferred tax expense 1,224 (4,709)
Loss on disposal of assets for lease 178 159
Bad debt expense 43 42
Stock-based compensation expense 190 282
Changes in Operating Assets and Liabilities:    
Trade accounts receivable (13) (512)
Prepaid expenses and other assets (1,315) (122)
Other non-current assets (416)  
Accounts payable (2) 389
Accrued expenses 264 109
Deferred revenue 5 734
Other current and non-current liabilities 416  
Net Cash Provided by Operating Activities 9,600 9,093
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property and equipment (103) (106)
Notes receivable (400)  
Purchase of assets for lease (219) (1,102)
Net Cash Used in Investing Activities (722) (1,208)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Re-purchase of warrants   (2,687)
Exercise of stock options 174 60
Net Cash Provided by (Used in) Financing Activities 174 (2,627)
INCREASE IN CASH 9,052 5,258
CASH, BEGINNING OF PERIOD 7,741 3,284
CASH, END OF PERIOD $ 16,793 $ 8,542