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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 03, 2017
OPERATING ACTIVITIES:    
Net income $ 4,197,000 $ 897,000
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 1,514,000 506,000
Bad debt expense 10,000  
Interest amortization of deferred financing costs 48,000 19,000
Stock-based compensation expense 225,000 215,000
Deferred income taxes, net 280,000 28,000
Impairment of goodwill 7,738,000  
Revaluation of contingent consideration liability (9,106,000)  
Loss on disposition of fixed assets 7,000 4,000
Working capital items:    
Accounts receivable and unbilled receivables (4,753,000) (1,434,000)
Prepaid and other current assets 528,000 (755,000)
Accounts payable (1,467,000) 1,277,000
Accrued payroll and related costs 160,000 81,000
Other accrued liabilities 385,000 (186,000)
Deferred revenue (332,000) (154,000)
Net cash flows provided by (used in) operating activities (566,000) 498,000
INVESTING ACTIVITIES:    
Payment for non-current deposits (109,000) (15,000)
Capital expenditures (443,000) (397,000)
Net cash flows (used in) investing activities (552,000) (412,000)
FINANCING ACTIVITIES:    
Borrowings on revolving credit facility, net 1,543,000 557,000
(Repayments) on term loan facility (1,906,000) (900,000)
Payment of deferred financing costs (71,000)  
Purchase of treasury stock (20,000) (7,000)
Proceeds from the exercise of stock options 2,000 68,000
Net cash flows (used in) financing activities (452,000) (282,000)
Effect of exchange rate changes on cash and cash equivalents (161,000)  
Net change in cash and cash equivalents (1,731,000) (196,000)
Cash and cash equivalents, beginning of period 2,478,000 829,000
Cash and cash equivalents, end of period $ 747,000 $ 633,000