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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 7,240 $ (561)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization (2) 38
Accrued interest (165) 8
(Gain)/Loss on disposal of property and equipment 37  
 Gain on forgiveness of PPP loan payable (5,216)  
Changes in operating assets and liabilities:    
Trade receivables 719 3,341
Prepaid expenses and other current assets 73 146
Accounts payable (519) (589)
Accrued payroll 424 293
Accrued expenses (87) (125)
Deferred revenue (6) (102)
Other liabilities (2) (89)
Income taxes payable 461 (114)
Net cash provided by operating activities 2,957 2,054
Cash flows from investing activities:    
Purchase of fixed assets (3) (26)
Net cash used in investing activities (3) (26)
Cash flows from financing activities:    
Net borrowing/(repayment) of line-of-credit+ (2,913) (4,466)
Proceeds from Long term debt (PPP)   5,216
Borrowing of note payable (37) 67
Repayment of notes receivable from related parties   86
Net cash used in financing activities (2,950) 903
Net decrease in cash and cash equivalents 4 2,931
Cash and cash equivalents, beginning of year 70 275
Cash and cash equivalents, end of year 74 3,206
Supplemental disclosures of cash flow information:    
Interest 40 151
Income taxes 217 75
Supplemental disclosures of non-cash investing and financing activities:    
The Company received forgiveness from the SBA of its PPP loan payable $ 5,216