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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (3,814) $ (318)
Adjustments to reconcile net loss to net cash (used) provided by operating activities:    
Depreciation and amortization 1,357 976
Stock-based compensation 99 106
Deferred income taxes 784 (26)
Change in operating assets and liabilities:    
Accounts receivable 228 (1,756)
Inventories (2,651) 3,373
Prepaid expenses and other assets 175 (200)
Income taxes receivable 192 488
Accounts payable, accrued expenses, and other liabilities 1,990 1,659
Total adjustments to net loss 2,174 4,620
Net cash (used) provided by operating activities (1,640) 4,302
Cash flows from investing activities:    
Acquisition   (10,529)
Purchase of software (262)  
Purchase of property and equipment   (17)
Proceeds from sale of property and equipment   500
Cash paid for leasehold improvements   (484)
Reimbursement of leasehold improvements   247
Net cash used in investing activities (262) (10,283)
Cash flows from financing activities:    
Proceeds from revolving credit facility 29,824 6,525
Repayments of revolving credit facility (27,222) (3,795)
Proceeds from term loan   3,000
Repayments of term loan (750) (167)
Payments for debt issuance costs   (569)
Proceeds from PPP loan   600
Repayment of PPP loan   (600)
Proceeds from exercise of stock options 57 67
Net cash provided by financing activities 1,909 5,061
Net increase (decrease) in cash and cash equivalents 7 (920)
Cash and cash equivalents, beginning of period 5 1,094
Cash and cash equivalents, end of period 12 174
Supplemental disclosures:    
Cash paid during the period for interest $ 372 $ 23