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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (Loss) Income $ (802) $ 327
Adjustments to reconcile Net (Loss) Income to net cash provided by operating activities:    
Depreciation and amortization 861 380
Other (260) (492)
Change in operating assets and liabilities:    
Accounts receivable 3,718 (4,747)
Inventories (7,844) (3,286)
Accounts payable 1,640 1,243
Accrued expenses 700 (3,187)
Other (544) 941
Net cash used in operating activities (2,531) (8,821)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in unconsolidated entities (880) (1,085)
Capital expenditures related to property & equipment (351) (136)
Capital expenditures related to assets on lease or held for lease (20) 0
Other 191 (228)
Net cash used in investing activities (1,060) (1,449)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from lines of credit 29,839 14,156
Payments on lines of credit (30,583) (11,636)
Proceeds from term loan 6,177 0
Payments on term loan (836) (1,042)
Proceeds received from issuance of Trust Preferred Securities ("TruPs") 0 4,291
Other (24) 50
Net cash provided by financing activities 4,573 5,819
Effect of foreign currency exchange rates on cash and cash equivalents 173 (49)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH 1,155 (4,500)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 8,368 15,927
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD $ 9,523 $ 11,427