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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 31 $ (4,569)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 587 520
Gain on sale of fixed assets (5,672)  
Stock-based compensation 1,356 1,077
Interest receivable (70)  
Bad debt provision 221  
Changes in assets and liabilities:    
Accounts receivable (122) (849)
Unbilled receivables (669) (1,044)
Prepaid expenses and other current assets (776) (163)
Accounts payable 706 71
Accrued expenses (220) 525
Deferred revenue 67 (786)
Net cash used in operating activities (4,561) (5,218)
Cash flows from investing activities:    
Purchases of property and equipment (144) (21)
Proceeds from sale of fixed assets 8,547  
Purchases of marketable securities (18,556)  
Investment in note receivable (2,500)  
Net cash used in investing activities (12,653) (21)
Cash flows from financing activities:    
Proceeds from issuance of common stock 96 25
Payments made for taxes of employees who surrendered shares related to unrestricted stock (24) (54)
Repurchase of common stock (164)  
Net cash used in financing activities (92) (29)
Decrease in cash and cash equivalents (17,306) (5,268)
Cash and cash equivalents, beginning of period 29,963 38,565
Cash and cash equivalents, end of period $ 12,657 $ 33,297