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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net (loss) income $ (144) $ 516
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 736 162
Bad debt expense 151 101
Deferred income taxes 26 (35)
Stock-based compensation expense 337 184
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable (719) (752)
Decrease (increase) in other assets (250) (55)
Increase (decrease) in accounts payable 186 154
Increase (decrease) in accrued expenses and other liabilities 187 (53)
Increase (decrease) in deferred revenue (238) 326
Net cash provided by operating activities 272 548
Cash flows from investing activities:    
Purchase of acquired business, net of cash received (See Note 3) 350 0
Purchase of fixed assets (5) (21)
Net cash provided by (used in) investing activities 345 (21)
Cash flows from financing activities:    
Exercise of stock options 0 58
Payment for stock repurchase and retirement 0 (182)
Payment of note payable (22,000) 0
Proceeds from issuance of term loan 19,968 0
Payments for capitalized debt issuance costs (68) 0
Net cash used in financing activities (2,100) (124)
Net change in cash and cash equivalents (1,483) 403
Cash and cash equivalents - beginning 4,832 23,852
Currency translation adjustment 0 16
Cash and cash equivalents - ending 3,349 24,271
Supplemental disclosures:    
Cash paid for income taxes 0 0
Cash paid for interest $ 510 $ 0