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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 2,106 $ 686
Adjustments to reconcile net income to net cash provided by operating activities:    
Bad debt expense 304 753
Depreciation and amortization 1,348 1,667
Deferred income taxes 312 (528)
Non-cash interest expense 19 25
Stock-based compensation expense 273 523
Gain on extinguishment of debt (80) 0
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable (761) (1,210)
Decrease (increase) in other assets 177 362
Increase (decrease) in accounts payable 37 (117)
Increase (decrease) in deferred revenue 391 559
Increase (decrease) in accrued expenses and other liabilities 260 144
Net cash provided by operating activities 4,386 2,864
Cash flows from investing activities:    
Purchase of fixed assets (27) (420)
Purchase of acquired businesses (See Note 4) 0 (2,788)
Capitalized software 0 (20)
Net cash used in investing activities (27) (3,228)
Cash flows from financing activities:    
Payment for stock repurchase and retirement (see Note 7) (785) (773)
Payment on notes payable (240) (320)
Proceeds from exercise of stock options, net of income taxes 451 0
Net cash used in financing activities (574) (1,093)
Net change in cash 3,785 (1,457)
Cash - beginning 15,766 17,222
Currency translation adjustment 5 1
Cash - ending 19,556 15,766
Supplemental disclosures:    
Cash paid for income taxes 458 340
Non-cash activities:    
Right-of-use assets obtained in exchange for lease liabilities $ 0 $ 2,856