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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 13,529 $ 616
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,352 6,675
Share-based compensation expense 5,386 5,505
Write-off of long-lived assets 6 177
Provision for bad debts 1,088 174
Noncash lease expenses 576 547
Deferred income tax expense (9,801) 89
Changes in assets and liabilities:    
Accounts receivable (2,688) (1,973)
Prepaid expenses and other current assets (342) (172)
Other noncurrent assets 84 (464)
Accounts payable (598) 624
Accrued expenses and other current liabilities 100 1,450
Deferred revenue 20 (171)
Operating lease liabilities (641) (618)
Net cash provided by operating activities 15,071 12,459
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (122) (373)
Capitalized costs included in intangible assets (9,024) (8,456)
Net cash used in investing activities (9,146) (8,829)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes paid related to net share settlement of vesting of restricted stock units (1,992) (5,200)
Repurchases of common stock (3,711) (878)
Net cash (used in) provided by financing activities (5,703) (6,078)
Net (decrease) increase in cash and cash equivalents 222 (2,448)
Cash and cash equivalents at beginning of period 31,810 34,258
Cash and cash equivalents at end of period 32,032 31,810
SUPPLEMENTAL DISCLOSURE INFORMATION    
Cash paid for interest 0 0
Cash paid for income taxes 82 39
Share-based compensation capitalized in intangible assets 1,851 1,621
Retirement of treasury stock 5,559 6,078
Right-of-use assets obtained in exchange for operating lease liabilities 1,919 [1] 0
Operating lease liabilities arising from obtaining right-of-use assets $ 1,919 $ 0
[1] The Amended Lease resulted in an addition of $1,919 to right-of-use assets and operating lease liabilities, as of September 20, 2023 (the "Remeasurement Date").