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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 1,883,000 $ 39,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 80,000 118,000
Software amortization 382,000 362,000
Stock-based compensation 107,000 113,000
Deferred income tax expense 348,000 0
Forgiveness income from PPP Loan (Note L) (931,000) 0
Loss on disposal of assets 1,000 0
Changes in operating assets and liabilities:    
Accounts receivable, net (1,237,000) 497,000
Inventories 47,000 141,000
Prepaid expenses and other current assets 50,000 (49,000)
Accounts payable (212,000) (106,000)
Accrued expenses and other current liabilities 191,000 (146,000)
Net cash provided by operating activities 709,000 969,000
Investing activities:    
Capitalized software development costs (178,000) (22,000)
Purchases of property and equipment (8,000) (102,000)
Net cash used for investing activities (186,000) (124,000)
Financing activities:    
Stock for tax withholding (35,000) (6,000)
Dividend distribution (644,000) 0
Proceeds from exercised options 8,000 0
Proceeds from PPP Loan 0 924,000
Net cash provided by (used for) financing activities (671,000) 918,000
Effect of exchange rate changes on cash (30,000) (47,000)
Change in cash and cash equivalents (178,000) 1,716,000
Cash and cash equivalents at beginning of period 8,605,000 5,118,000
Cash and cash equivalents at end of period $ 8,427,000 $ 6,834,000