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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (362) $ (35,413)
Adjustments to reconcile net loss to net cash provided by/(used in) operating activities:    
Depreciation and amortization 3,573 2,747
Deferred tax asset 0 (936)
Share-based compensation 3,849 4,374
Goodwill and long-lived asset impairment 0 32,678
Non-cash release of sales tax accrual 0 (1,435)
Non-cash operating lease amortization (4) (23)
Gain on disposal of property and equipment (1,459) 0
Allowance for credit losses 82 0
Changes in assets and liabilities:    
Trade receivables (164) (361)
Contract assets (109) (57)
Equipment financing receivables (905) (616)
Inventories 297 36
Contract costs (1,473) (788)
Prepaid expenses (77) (25)
Income tax receivable 0 11
Other assets 651 (544)
Accounts payable and accrued expenses 623 246
Income tax payable (26) 55
Contract liabilities (997) (360)
Net cash provided by/(used in) operating activities 3,499 (411)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (92) (289)
Proceeds from the sale of property and equipment 3,792 0
Acquisition of a business, net of cash aquired 0 (1,414)
Net cash provided by/(used in) investing activities 3,700 (1,703)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings/(repayments) on line of credit, net (82) 82
Proceeds from notes payable 278 0
Repayments made on finance leases (95) (110)
Repayments made on notes payable (2,254) (90)
Proceeds from exercise of options 241 816
Dividend payments (130) (462)
Taxes paid on the net settlement of stock options and RSUs (264) (290)
Net cash provided by/(used for) financing activities (2,306) (54)
Effect of exchange rate changes on cash (21) 175
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 4,872 (1,993)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 5,475 7,468
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 10,347 5,475
Cash used during the year for:    
Income taxes, net (121) (118)
Interest expense (115) (78)
Supplemental disclosure of non-cash investing and financing information:    
Stock issued for acquisitions $ 0 $ 6,326