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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES    
Net income (loss) $ 27 $ (1,629)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 1 313
Amortization of finite-lived intangible assets 6 38
Stock-based compensation 0 303
Realized loss (gain) on sale of marketable securities 4,316 (112)
Unrealized (loss) gain on marketable securities (4,703) 2,441
Deferred income taxes 18 (589)
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable, net 170 (44)
Decrease (increase) in inventories, net 39 (880)
Decrease in prepaid expenses and other assets 185 168
Decrease in accounts payable, accrued compensation, income taxes and commissions and other (68) (896)
Net cash used in operating activities (9) (887)
INVESTING ACTIVITIES    
Capital expenditures 0 (395)
Cash from consolidation of LGL Systems 1,869 0
Proceeds from sale of marketable securities 16,947 1,661
Purchase of marketable securities 0 (7,000)
Net cash provided by (used in) investing activities 18,816 (5,734)
FINANCING ACTIVITIES    
Payment for taxes related to net share settlement of equity awards 0 (50)
Prepaid financing costs 0 (20)
Net cash provided by financing activities 0 (70)
Decrease in cash and cash equivalents 18,807 (6,691)
Cash and cash equivalents at beginning of period 21,507 29,016
Cash and cash equivalents at end of period 40,314 22,325
Supplemental Disclosure:    
Income taxes paid $ 134 $ 735