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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 417 $ (2,262)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Gain on note repurchase (1,573) 0
Non-cash interest expense 108 0
Depreciation and amortization 54 66
Discount amortization on convertible note 0 259
Amortization of debt financing costs 116 0
Stock-based compensation 195 162
Bad debt expense 87 169
Accrued interest on convertible notes 117 22
Amortization of operating lease right of use assets 90 123
Change in fair value of warrants 3 153
Changes in operating assets and liabilities:    
Accounts receivable (351) (448)
Prepaid expenses and other current assets 305 474
Contract assets 18 10
Accounts payable and other liabilities (1,505) 363
Deferred payroll tax credits 0 1,442
Operating lease liabilities 39 (126)
Deferred revenue 2 (28)
Net cash provided by (used in) operating activities (1,878) 379
Cash flows from investing activities:    
Purchase of convertible note 0 (3)
Purchases of property and equipment (59) (9)
Net cash used in investing activities (59) (12)
Cash flows from financing activities:    
Proceeds from issuance of convertible notes 6,400 0
Repayment of convertible notes (2,895) (1,457)
Proceeds from issuance of term notes 1,600 0
Repayment of short-term cash advance (730) 0
Repayment of related party payable (540) 0
Cost of convertible and term note issuance (561) 0
Proceeds from exercise of stock options 0 113
Net cash provided by (used in) financing activities 3,274 (1,344)
Net increase (decrease) in cash and cash equivalents 1,337 (977)
Cash and cash equivalents at beginning of period 331 3,546
Cash and cash equivalents at end of period 1,668 2,569
Supplemental cash flows disclosures    
Interest paid 589 132
Common stock issued for services rendered relating to debt financing 37 0
Accrued cost of debt issuance 319 0
Obtaining a right-of-use asset in exchange for a lease liability $ 2,781 $ 0