XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net income $ 394,000 $ 87,000
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 1,212,000 1,231,000
Amortization of debt issuance costs 18,000 0
Non cash lease expense 83,000 74,000
Deferred income taxes 123,000 (16,000)
Stock-based compensation expense 87,000 107,000
Interest expense associated with lease liabilities 9,000 12,000
Changes in operating assets and liabilities:    
Receivables (575,000) (497,000)
Prepaid expenses and other assets 567,000 551,000
Asset retirement obligations (457,000) 0
Accounts payable, accrued liabilities and deferred revenue (1,102,000) 1,294,000
Income taxes 0 26,000
Lease liabilities (100,000) (86,000)
Net cash provided by operating activities 259,000 2,783,000
Investing activities:    
Payment for purchase of property and equipment (66,000) (1,065,000)
Net cash used in investing activities (66,000) (1,065,000)
Financing activities:    
Principal payments on long-term debt (55,000) (276,000)
Principal payments on finance leases 0 (638,000)
Principal payments on short-term financing 0 (116,000)
Net cash used in financing activities (55,000) (1,030,000)
Net change in cash, cash equivalents, and restricted cash 138,000 688,000
Cash, cash equivalents, and restricted cash at beginning of period 8,263,000 4,325,000
Cash, cash equivalents, and restricted cash at end of period 8,401,000 5,013,000
Supplemental cash flow disclosure:    
Interest 130,000 260,000
Income taxes paid (refunded) $ 55,000 $ (4,000)