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CONDENSED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows used in operating activities    
Net income (loss) $ 72 $ (293)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 47 78
Deferred income taxes (88) (18)
Stock-based compensation expense 0 2
Interest accrued on Treasury Bills (89) (2)
Change in:    
Trade receivables (41) (318)
Inventories (170) (57)
Other current assets (10) 17
Accounts payable 82 (30)
Accrued expenses 81 427
Income tax receivable/payable (20) (78)
Net cash used in operating activities (136) (272)
Cash flows used in investing activities    
Purchases of Treasury Bills (7,906) (4,992)
Proceeds from the maturity of Treasury Bills 6,000 5,000
Purchase of property and equipment (1) (17)
Net cash used in investing activities (1,907) (9)
Cash flows used in financing activities    
Payments on financing lease (3) (3)
Net cash used in financing activities (3) (3)
Net decrease in cash and cash equivalents (2,046) (284)
Cash and cash equivalents, beginning 7,646 6,713
Cash and cash equivalents, ending 5,600 6,429
Supplemental cash flow information    
Cash paid for income taxes 129 17
Cash paid for interest $ 1 $ 0