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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES    
Net income $ 14,638,000 $ 968,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 501,000 453,000
Amortization of finite-lived intangible assets 75,000 75,000
Stock-based compensation 413,000 790,000
(Gain) loss on equity investment in unconsolidated subsidiary (59,453,000) 262,000
Realized loss on sale of marketable securities 17,377,000  
Unrealized loss (gain) on marketable securities 22,949,000 (139,000)
Non-cash donation of IRNT common stock 1,318,000  
Deferred income tax expense 3,142,000 255,000
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable, net (545,000) 323,000
(Increase) decrease in inventories, net (212,000) 736,000
(Increase) decrease in prepaid expenses and other assets (226,000) 194,000
Increase (decrease) in income taxes payable 574,000 (8,000)
Increase (decrease) in accounts payable, accrued compensation and commissions expense and other 801,000 (717,000)
Net cash provided by operating activities 1,352,000 3,192,000
INVESTING ACTIVITIES    
Subscription agreement funding (2,725,000)  
Capital expenditures (1,099,000) (407,000)
Proceeds from sale of marketable securities 18,548,000  
Purchase of marketable securities (5,318,000) (21,000)
Net cash provided by (used in) investing activities 9,406,000 (428,000)
FINANCING ACTIVITIES    
Proceeds from issuance of at-the-market stock sales   3,254,000
Share-related issuance costs   (202,000)
Proceeds from stock option exercise 178,000 85,000
Payment for taxes related to net share settlement of equity awards (251,000) (23,000)
Net cash (used in) provided by financing activities (73,000) 3,114,000
Increase in cash and cash equivalents 10,685,000 5,878,000
Cash and cash equivalents at beginning of year 18,331,000 12,453,000
Cash and cash equivalents at end of year 29,016,000 18,331,000
Noncash Investing Activity:    
Distribution of IRNT securities by Sponsor (unconsolidated subsidiary) 65,250,000  
Supplemental Disclosure:    
Interest paid   3,000
Income taxes paid $ 72,000 $ 60,000