XML 24 R6.htm IDEA: XBRL DOCUMENT v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Cash receipts from customers and other receipts $ 19,922 $ 9,688
Cash paid to vendors (13,168) (6,596)
Cash paid for payroll and taxes (4,679) (2,722)
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,075 370
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of bond securities (15) (3,170)
Maturities of bond securities 2,702 3,618
Purchases of property and equipment (2,559) (1,871)
Payments for deferred development (4,651) (1,661)
Distributions from (Contribution to) unconsolidated joint venture 1,148 981
NET CASH USED IN INVESTING ACTIVITIES (3,375) (2,103)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowing under line of credit 1,000 3,000
Principal payments on long term debt (151) (21)
Common stock issuance costs and other (268) (111)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (240) 2,868
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,540) 1,135
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 6,835 5,700
CASH AND CASH EQUIVALENTS AT END OF PERIOD 5,295 6,835
Net loss (10,579) (7,391)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,135 723
Provision for credit losses and impairments 460 227
Restricted Stock or Unit Expense 4,115 5,560
Loss on disposal of property, net 15 84
Debt financed equipment 0 (274)
Revenue from investment in JV 0 (341)
Changes in operating assets and liabilities:    
Accounts receivable 3,005 (4,077)
Retirement liabilities 5,726 823
Accounts payable 936 873
Deferred revenue (133) 1,849
Contract overbilling (3,180) 3,180
Other operating assets and liabilities 575 (1,414)
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,075 370
Financing Agreement [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on financing agreements $ (821) $ 0