XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 217 $ (2,209)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,353 1,288
ROU asset amortization 470 493
Deferred income taxes 27 (74)
Loss on sale of fixed assets 0 94
Stock-based compensation 386 323
Changes in operating assets and liabilities:    
Accounts receivable (615) 1,220
Prepaid expenses and other current assets (1,661) (190)
Income tax receivable (44) (1,544)
Accounts payable 523 (556)
Operating lease liabilities (508) (490)
Accrued expenses 89 (2,084)
Net cash provided by (used in) operating activities 237 (3,729)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of fixed assets 0 140
Purchases of equipment and leasehold improvements (14) (675)
Cost of internally developed software (70) (135)
Other assets 8 (7)
Net cash used in investing activities (76) (677)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of stock, net of tax withholding 0 (8)
Proceeds from PPP Loan 0 2,181
Payments of equipment financing (343) (338)
Cash dividends paid 0 (993)
Net cash (used in) provided by financing activities (343) 842
Effect of exchange rate changes on cash 0 (47)
Net decrease in cash (182) (3,611)
Cash, beginning of period 2,833 7,283
Cash, end of period 2,651 3,672
Supplemental Disclosures of Cash Flow Information:    
Cash paid for income taxes 0 229
Cash paid for interest 28 43
Cash paid for operating leases 575 519
Right-of-use assets acquired through operating leases 193 2,346
Purchases of equipment through accounts payable and accrued liabilities $ 0 $ 193