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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Net cash flows from operating activities:          
Net loss $ 128,000 $ 546,000 $ (505,000) $ (66,000)  
Adjustments to reconcile net loss to net cash from operations:          
Depreciation and amortization of property and equipment     3,449,000 3,028,000  
Amortization of intangible assets 322,000 322,000 644,000 643,000  
Loss on write-down of inventory 0 200,000 115,000 531,000  
Current period provision     (150,000) 7,000  
Net loss on disposal of property and equipment 162,000 (15,000) 373,000 34,000  
Benefit for deferred income taxes     (192,000) (25,000)  
Stock-based compensation     271,000 264,000  
Net change in operating assets and liabilities:          
Accounts receivable     1,938,000 1,872,000  
Inventory     532,000 (293,000)  
Other current assets     372,000 98,000  
Other non-current assets     14,000 (137,000)  
Accounts payable and accrued liabilities     (5,888,000) (4,374,000)  
Customer deposits     (58,000) 193,000  
Other non-current liabilities     17,000 0  
Net cash provided by operating activities     932,000 1,775,000  
Net cash flows from investing activities:          
Purchase of investments available for sale     (8,935,000) (14,637,000)  
Redemptions of investments available for sale     6,000,000 7,250,000  
Acquisition of property and equipment     (1,965,000) (3,442,000)  
Principal payments received on notes receivable     43,000 0  
Proceeds from disposals of property and equipment     41,000 21,000  
Net cash used in investing activities     (4,816,000) (10,808,000)  
Net cash flows from financing activities:          
Principal payments on long-term debt     (570,000) (570,000)  
Repurchase of common stock     (1,461,000) (598,000)  
Net cash used in financing activities     (2,031,000) (1,168,000)  
Net decrease in cash and cash equivalents     (5,915,000) (10,201,000)  
Cash and cash equivalents - beginning of period     22,777,000 25,705,000 $ 25,705,000
Cash and cash equivalents - end of period $ 16,862,000 $ 15,504,000 16,862,000 15,504,000 $ 22,777,000
Cash paid during the period for:          
Interest, net of capitalized interest     477,000 505,000  
Income tax payments, net     9,000 7,000  
Non-cash investing and financing activity:          
Unrealized holding gains on investments, net of tax     7,000 73,000  
Acquisition of property and equipment invoiced or accrued but not yet paid     $ 1,046,000 $ 790,000