Note 3A - Discontinued Operations and Held for Sale - Contact Center Company (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Disposal Groups, Including Discontinued Operations [Table Text Block]

Statement of income (loss)	Three Months Ended March 31,
	2023			2022
Revenue		64,364			58,687
Cost of services		(54,889	)		(51,672	)
Gross profit		9,475			7,015
Selling, general and administrative expenses		(3,117	)		(2,684	)
Impairment losses and restructuring/exit cost		(4	)		(30	)
Operating income		6,354			4,301
Interest expense and other income (expense), net*		(1,174	)		(611	)
Foreign exchange gains (losses), net		(10	)		(6	)
Income before tax expenses		5,170			3,684
Tax expenses		(1,184	)		(1,455	)
Net income		3,986			2,229

	March 31, 2023		December 31, 2022
Assets
Current assets
Cash and cash equivalents		28,284		38,002
Restricted cash		5,735		4,374
Trade accounts receivables, net		33,853		24,794
Unbilled revenue		46,434		43,322
Prepaid and other current assets		4,696		5,971
Total current assets		119,002		116,463
Non-current assets
Property, plant and equipment, net		4,449		3,656
Operating lease right-of-use assets		11,289		12,184
Goodwill		54,840		54,840
Deferred tax assets, net		4,880		4,914
Prepaid expenses and other non-current assets		3,670		3,127
Total non-current assets		79,128		78,721
Total assets classified as held for sale in the consolidated balance sheet		198,130		195,184
Liabilities
Current liabilities
Trade accounts payables		3,927		658
Accrued expenses		15,992		19,467
Current maturity of operating lease liabilities		6,283		6,752
Other current liabilities		28,912		36,129
Total current liabilities		55,114		63,006
Non-current liabilities
Operating lease liabilities		4,211		4,702
Other non-current liabilities		17,053		11,817
Deferred tax liabilities, net		2,908		2,734
Total non-current liabilities		24,172		19,253
Total liabilities classified as held for sale in the consolidated balance sheet		79,286		82,259

Statement of income (loss)	Three Months Ended March 31,
	2023			2022
Revenue		6,134			7,538
Cost of services		(6,255	)		(7,991	)
Gross profit (loss)		(121	)		(453	)
Selling, general and administrative expenses		(467	)		(530	)
Impairment losses and restructuring/exit cost		(1,341	)		(1,382	)
Operating income (loss)		(1,929	)		(2,365	)
Interest expense and other income (expense), net		534			1,367
Foreign exchange gains (losses), net		(114	)		(178	)
Income (loss)		(1,509	)		(1,176	)
Tax expense		-			-
Net (loss)		(1,509	)		(1,176	)

	March 31, 2023		December 31, 2022
Assets
Current assets
Cash and cash equivalents		553		367
Trade accounts receivables, net		2,524		2,483
Unbilled revenue		1,444		1,320
Prepaid and other current assets		1,806		1,988
Total current assets		6,327		6,158
Non-current assets
Property, plant and equipment, net		859		854
Operating lease right-of-use assets		552		620
Prepaid expenses and other non-current assets		15		15
Total non-current assets		1,426		1,489
Total assets classified as held for sale in the consolidated balance sheet		7,753		7,647
Liabilities and Stockholders’ Equity
Current liabilities
Trade accounts payables		199		307
Accrued expenses		3,039		1,951
Short term debt		154		325
Current maturity of operating lease liabilities		394		398
Other current liabilities		2,583		2,674
Total current liabilities		6,369		5,655
Non-current liabilities
Operating lease liabilities		163		226
Other non-current liabilities		1,135		1,346
Total non-current liabilities		1,298		1,572
Total liabilities classified as held for sale in the consolidated balance sheet		7,667		7,227

Disposal Groups, Including Discontinued Operations. Cash Flows [Table Text Block]

Net cash flows attributable to the discontinued operations:
	March 31, 2023			March 31, 2022
Net cash generated from/used in operating activities		(5,652	)		3,699
Net cash used in investing activities		(3,513	)		(1,280	)
Net cash (used in) / provided by financing activities		-			-
Net Cash Inflow		(9,165	)		2,419

	March 31, 2023			March 31, 2022
Net cash generated from / used in operating activities		(773	)		(2,113	)
Net cash generated from / used in investing activities		(5	)		9
Net cash generated from / used in financing activities		(132	)		(84	)
Net Cash outflow		(910	)		(2,188	)