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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash Flows (Used In) Provided By Operating Activities:      
Net loss $ (3,819) $ (1,334) $ (6,800)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Amortization of deferred financing costs 186 136  
Amortization of intangible assets 488 489  
Reduction in carrying amount of right-of-use assets 37 42  
Depreciation and amortization of property, equipment and software 71 57  
Stock-based compensation 504 94  
Deferred income taxes (200) (74)  
Loss on early termination of line of credit 0 300  
Provision for credit losses/bad debt expense, net of recoveries (11) 0  
Changes in operating assets and liabilities:      
Accounts receivable 15,783 7,304  
Prepaid expenses and other assets (89) (242)  
Accounts payable (18,062) (3,909)  
Accrued liabilities and tax receivable agreement payable (748) (150)  
Income taxes payable 0 8  
Deferred revenues 176 403  
Operating lease liability (20) (24)  
Net cash (used in) provided by operating activities (5,704) 3,100  
Cash Flows Used In Investing Activities:      
Cash paid for capitalized software and property and equipment 0 (48)  
Net cash used in investing activities 0 (48)  
Cash Flows Provided by (Used In) Financing Activities:      
Payments on term loan (372) (164)  
Proceeds from lines of credit 4,000 0  
Payment of deferred financing costs 0 (228)  
Proceeds from options exercised 79 0  
Proceeds from warrants exercised 215 12  
Net cash provided by (used in) financing activities 3,922 (380)  
Net (decrease) increase in cash and cash equivalents (1,782) 2,672  
Cash and cash equivalents, beginning of the period 5,116 4,047 4,047
Cash and cash equivalents, end of the period 3,334 6,719 $ 5,116
Supplemental Disclosure of Cash Flow Information:      
Cash paid for taxes 28 0  
Cash paid for interest $ 1,078 $ 879