XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 7,154 $ (1,546)
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities:    
Depreciation 1,774 2,002
Amortization 176 191
Compensation on Stock-Based Awards 111 68
Compensation on Equity Appreciation Rights 143 108
Loss on Abandonment of Intangible Asset 560 0
Loss on Goodwill Impairment 0 2,375
Change in Accounts Receivable Allowance (15) 8
Change in Inventory Reserves (860) 672
Gain on Disposal of Property and Equipment (141) (3,821)
PPP Loan Forgiveness Gain (6,171) 0
Employee Retention Credit Receivable (5,209) 0
Changes in Current Operating Items    
Accounts Receivable 1,134 3,019
Inventories (4,613) (216)
Contract Assets (2,799) 1,760
Prepaid Expenses and other Curent Assets (171) 651
Income Taxes 634 (675)
Accounts Payable 1,471 (2,950)
Accrued Payroll and Commissions 1,176 (623)
Other Accrued Liabilities 1,106 340
Net Cash (Used In) Provided by Operating Activities (4,540) 1,363
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Sale of Property and Equipment 626 6,019
Purchase of Intangible Asset (64) (34)
Purchases of Property and Equipment (1,292) (485)
Net Cash (Used In) Provided By Investing Activities (730) 5,500
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Change in Line of Credit 5,688 (6,760)
Proceeds from Long-Term Debt 0 6,077
Principal Payments on Long-Term Debt (1,128) (2,684)
Principal Payments on Financing Leases (664) (592)
Stock Option Excercises 35 0
Net Cash Provided By (Used In) Financing Activities 3,931 (3,959)
Effect of Exchange Rate Changes on Cash 0 0
Net Change in Cash and Cash Equivalents (1,339) 2,904
Cash and Cash Equivalents - Beginning of Year 3,564 660
Cash and Cash Equivalents - End of Year 2,225 3,564
Reconciliation of cash and restricted cash reported within the consolidated balance sheets    
Cash 643 352
Restricted Cash 1,582 3,212
Total Cash and restricted cash reported in the consolidated statements of cash flows 2,225 3,564
Cash Paid for Interest 316 577
Cash Paid (Refunded) for Income Taxes (114) 855
Supplemental Noncash Investing and Financing Activities:    
Property and Equipment Purchases in Accounts Payable 35 175
Property Acquired under Operating Lease 1,188 4,999
Equipment Acquired under Finance Lease 368 395
PPP Loan Forgiveness $ 6,171 $ 0