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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net (loss) income $ (3,139,000) $ 5,662,000
Non-cash and other charges:    
Depreciation and amortization 881,000 774,000
Amortization of other intangible assets 386,000 344,000
Rent expense from lease obligations 452,000 159,000
Amortization of debt issue costs 8,000 17,000
Amortization of consideration payable to a customer 135,000 135,000
Recovery of losses on accounts receivable (7,000) (61,000)
Stock-based compensation 29,000 62,000
Loss on sale of fixed assets 1,000 5,000
Gain on sale of property and equipment 0 (7,817,000)
Restricted stock-based compensation 25,000 26,000
Deferred income taxes (656,000) 364,000
Gain on lease obligation settlement (31,000)  
Impairment of goodwill and other intangible assets 1,612,000 0
Changes in operating assets and liabilities:    
Accounts receivable 1,882,000 48,000
Inventories 1,206,000 (1,255,000)
Prepaid expenses and other current assets (732,000) (214,000)
Other assets 0 (5,000)
Accounts payable 1,332,000 149,000
Accrued compensation and benefits (1,215,000) (1,040,000)
Accrued other liabilities and other current liabilities (477,000) 1,832,000
Payments on lease liabilities (482,000) (167,000)
Other liabilities 6,000 (8,000)
Total adjustments 4,355,000 (6,652,000)
Net cash provided by (used in) operating activities 1,216,000 (990,000)
Cash Flows from Investing Activities:    
Capital expenditures (915,000) (920,000)
Proceeds from disposal of property and equipment 1,000 8,760,000
Net cash (used in) provided by investing activities (914,000) 7,840,000
Cash Flows from Financing Activities:    
Dividend payments (157,000) (317,000)
Proceeds from exercise of stock options 3,000 0
Purchase of Class A common stock 0 (3,467,000)
Net payments relating to short-term borrowings (3,074,000) (1,915,000)
Repayments of long-term debt 0 (453,000)
Bank finance costs 0 (25,000)
Proceeds from PPP loan 2,929,000 0
Net cash used in financing activities (299,000) (6,177,000)
Effect of exchange rate changes on cash (15,000) 0
Net (decrease) increase in cash (12,000) 673,000
Cash at beginning of period 380,000 999,000
Cash at end of period 368,000 1,672,000
Cash paid for:    
Interest 97,000 112,000
Cash paid for amounts included in the measurement of operating lease liabilities 5,000 21,000
Non-cash information:    
Right of Use ("ROU") assets recognized for new operating lease liabilities 140,000 2,074,000
Operating lease liability related to ROU assets recognized upon adoption of ASC 842 $ 0 $ 418,000