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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities:    
Net income $ 4,165 $ 10,722
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,582 1,341
Non-cash rent expense 1,110 954
Restructuring costs 19 194
Gain on sale of software products (711) (483)
Provision for adjustments to accounts receivable and doubtful accounts (60) 143
Provision for excess and obsolete inventory   1
Loss on disposal of fixed assets   6
Non-cash compensation related to stock options and restricted stock 3,064 1,494
Deferred income taxes 153 97
Change in operating accounts:    
Accounts receivable (1,269) (3,811)
Prepaid expenses and other assets (388) (32)
Accounts payable and accrued liabilities (1,925) (417)
Deferred revenue 184 (221)
Net cash provided by operating activities 7,924 9,988
Investing activities:    
Acquisitions, net (13,500) (3,974)
Proceeds from sale of software products 367 370
Capital expenditures (1,323) (1,659)
Purchase of equity instrument (225)  
Net cash used in investing activities (14,681) (5,263)
Financing activities:    
Proceeds from exercise of common stock warrants 4,196 11,457
Payments related to the issuance of common stock   (14)
Proceeds from exercise of stock options 29 50
Proceeds from stock sale for employee stock purchase plan 18 10
Preferred stock dividends   (119)
Net cash provided by financing activities 4,243 11,384
Net increase (decrease) in cash and cash equivalents (2,514) 16,109
Cash and cash equivalents, beginning of year 28,268 12,159
Cash and cash equivalents, end of year 25,754 28,268
Supplemental disclosures of cash flow information:    
Cash paid (received) for income taxes $ (173) 104
Non-cash investing and financing activities:    
Issuance of common stock in connection with acquisition   5,129
Conversion of preferred stock to common stock   $ 1