XML 18 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Operating activities    
Net income $ 4,380 $ 3,323
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 758 683
Stock-based compensation 808 389
Deferred income taxes (50)
Change in assets and liabilities:    
Trade accounts receivable (741) (1,500)
Prepaid expenses and other current assets (244) 156
Other assets 1 36
Trade accounts payable and accrued expenses 806 299
Deferred revenue (39) 375
Net cash provided by operating activities 5,679 3,761
Investing activities    
Capitalized software and technology development costs and purchase of equipment (323) (401)
Net cash used in investing activities (323) (401)
Financing activities    
Proceeds from sales of Class B Common Stock 5,000
Payment of issuance costs (215)
Repayment of insurance premium loan payable (100)
Proceeds from exercise of stock options 7 396
Purchase of treasury stock in connection with restricted stock vesting (232) (26)
Net cash (used in) provided by financing activities (225) 5,055
Effect of exchange rate changes on cash and cash equivalents (23) 82
Net increase in cash and cash equivalents 5,108 8,497
Cash and cash equivalents at beginning of period 24,908 5,111
Cash and cash equivalents at end of period 30,016 13,608
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash payments made for income taxes 309 1
Cash payments made for interest expenses 2
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Acquistion of Emojipedia through release of escrow funds of $4,776, due to seller of $1,923 and legal fee of $12 6,711
Accounts receivable from certain Emojipedia websites collected by Seller 45
Note payable issued for insurance premium financing $ 181