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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 5,846 $ (413)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,589 2,700
Operating lease cost 271 254
Deferred income tax (benefit) expense   (25)
Gain on disposal of assets (42) (11)
Remeasurement and other 5 0
Change in operating assets and liabilities:    
Increase in accounts receivable (2,208) (7,467)
Decrease in employee retention credit receivable   3,035
Decrease (increase) in prepaid expenses and other assets 2,072 (2,833)
Increase in accounts payable 1,239 3,337
Decrease in accrued liabilities (97) (1,033)
Decrease in operating lease liabilities (294) (273)
(Decrease) increase in deferred revenue (6,511) 909
Net cash provided by (used in) operating activities 1,870 (1,820)
Cash flows from investing activities:    
Capital expenditures, net of non-cash capital expenditures summarized below (684) (1,606)
Proceeds from disposal of assets 162 11
Acquisition of short-term investments   (1,000)
Net cash used in investing activities (522) (2,595)
Cash flows from financing activities:    
Principal payments on notes payable (385) (144)
Principal payments on finance leases (197) (25)
Breckenridge cash distributions prior to acquisition   (3,055)
Net cash used in financing activities (582) (3,224)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (76) (20)
Net increase (decrease) in cash and cash equivalents and restricted cash 690 (7,659)
Cash and cash equivalents and restricted cash at beginning of period 15,772 23,603
Cash and cash equivalents and restricted cash at end of period 16,462 15,944
Supplemental cash flow information:    
Cash paid for interest 42 14
Non-cash operating, investing and financing activities:    
Increase (decrease) in accrued purchases of property and equipment 300 (605)
Finance leases incurred 556 116
Dividend accrual $ 9,860 0
Increase in right-of-use assets and operating lease liabilities   283
Financed insurance premiums   440
Convertible note for asset purchase   9,880
Deemed distribution of Breckenridge net assets not acquired   2,329
Acquisition of Breckenridge net assets   $ (1,335)