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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES:    
Net income $ 1,040 $ 1,047
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 855 302
Stock-based compensation expense 57 62
Non-cash investment loss 1,009
Non-cash interest income (37) (32)
Equity in loss of affiliate company 133 41
Changes in operating assets and liabilities:    
Accounts receivable, net (1,799) 676
Other current assets 204 (74)
Other long-term assets (33) (6)
Accounts payable 67 (31)
Accrued payroll (358) (1,091)
Deferred revenue, current portion (528) 3,422
Accrued expenses 211 140
Other current liabilities (2,239) 236
Deferred revenue, net of current portion 101 (8)
Net cash (used for) provided by operating activities (2,326) 5,693
INVESTING ACTIVITIES:    
Purchases of property and equipment (1,496) (539)
Advances on notes and interest receivable (550) (1,000)
Proceeds from payments on notes receivable 18
Net cash used for investing activities (2,028) (1,539)
FINANCING ACTIVITIES:    
Sale of capital stock pursuant to exercise of option 107
Repurchases of common stock (2,712)
Net cash used for financing activities (2,605)
Effects of exchange rate changes on cash 4 (31)
Net (decrease) increase in cash (6,955) 4,123
Cash at beginning of period 37,956 26,415
Cash at end of period $ 31,001 $ 30,538