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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Sep. 30, 2021
Operating Activities:      
Net income (loss) $ (2,029) $ 471 $ (6,502)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation 265 915 910
Amortization 80 319 318
Non cash amortization of right-of-use asset and liability (51) (252) (288)
Provision for excess and obsolete inventories 91 304 422
Charge for lower of cost or net realizable value inventories 0 165 105
Gain on disposal of property and equipment 0 (338) (23)
Share based compensation expense 281 570 1,009
Gain on extinguishment of debt 0 0 (2,955)
Changes in operating assets and liabilities:      
Accounts receivable 544 4,787 (3,045)
Unbilled revenue 269 (2,786) (1,899)
Income tax refund receivable\payable 0 (74) 1,284
Inventories 179 (4,379) (875)
Prepaid expenses and other current assets 59 (23) (547)
Other assets 0 0 51
Accounts payable (232) 2,595 3,572
Accrued expenses (384) (31) 898
Deferred revenue 39 (59) 55
Net cash provided by (used in) operating activities (889) 2,184 (7,510)
Investing Activities:      
Proceeds from promissory note receivable 0 0 3,775
Purchases of property and equipment (116) (240) (300)
Disposals of property and equipment 0 549 44
Net cash provided by (used in) investing activities (116) 309 3,519
Financing Activities:      
Change in bank line of credit 0 (2,050) (750)
Payments on financing lease obligations (155) (899) (484)
Payments on notes payable 0 0 (1,194)
Proceeds from sale of common stock 636 1,627 899
Proceeds from stock options exercised 0 64 89
Net cash (used in) provided by financing activities 481 (1,258) (1,440)
Net increase (decrease) in cash, cash equivalents and restricted cash (524) 1,235 (5,431)
Cash, cash equivalents and restricted cash at beginning of year 2,942 2,418 8,373
Cash, cash equivalents and restricted cash at end of year $ 2,418 $ 3,653 $ 2,942