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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 6,463 $ 2,455
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization of property and equipment 3,265 3,643
Amortization of right-of-use assets and interest of lease liabilities 5,209 5,240
Amortization of intangible assets 269 279
Provision for (recovery of) doubtful accounts (29) 404
Share of income in equity method investee (33) (51)
Gain on disposal of property and equipment (184)
Loss from disposal of subsidiaries 92
Deferred income taxes expenses 700 270
Changes in operating assets and liabilities:    
Notes receivable 212 1,466
Accounts receivable 10,564 (1,152)
Prepayments and other current assets (1,189) (2,538)
Other non-current assets (12)
Notes payable (902) 2,499
Accounts payable (13,343) (9,565)
Due to related parties (183) (3)
Salary and welfare payable (856) (583)
Accrued expenses and other current liabilities 2,573 220
Operating lease liabilities (4,829) (5,242)
Tax payables 1,118 60
Other non-current liabilities (29) (12)
Net cash provided by (used in) operating activities 8,876 (2,610)
Cash flows from investing activities:    
Purchase of intangible assets (185) (14)
Purchase of property and equipment (5,232) (5,535)
Proceed from disposal of property and equipment 786 280
Proceed from disposal of subsidiary 52
Dividend received from investment 115
Net cash used in investing activities (4,464) (5,269)
Cash flows from financing activities:    
Proceeds from initial public offering 8,547
Proceeds from short-term bank loans 36,368 29,644
Repayments of short-term bank loans (39,255) (25,943)
Due to related parties (600)
Capital contribution from non-controlling shareholders 424
Deferred issuance costs (357)
Net cash provided by financing activities 5,127 3,701
Effects of exchange rate changes on cash, cash equivalents and restricted cash (1,232) (805)
Net increase (decrease) in cash, cash equivalents and restricted cash 8,307 (4,983)
Cash, cash equivalents and restricted cash, beginning of period 23,368 18,918
Cash, cash equivalents and restricted cash, end of period 31,675 13,935
Supplemental cash flow information:    
Cash paid for income tax 303 29
Cash paid for interest 982 1,079
Non-cash Transaction in Investing and Financing Activities    
Liabilities settled for purchase of property and equipment (1,241) (7,398)
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 1,725 3,396
Reclassification of deferred issuance costs 81
Reconciliation to amount on consolidated balance sheets:    
Cash and cash equivalents 29,082 12,583
Restricted cash 2,593 1,352
Total cash, cash equivalents and restricted cash $ 31,675 $ 13,935