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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities    
Net income (loss) $ 281 $ (414)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation 80 79
Amortization 16 11
Non-cash interest income on held-to-maturity securities (9) (95)
Stock-based compensation, net of forfeitures 104 89
Changes in operating assets and liabilities:    
Accounts receivable 1,250 990
Employee retention credit receivable (1,677) 0
Inventory (99) (116)
Prepaid expenses, other current assets and other non-current assets 151 51
Accounts payable (563) 934
Accrued liabilities and other non-current liabilities (609) (519)
Net cash (used in) provided by operating activities (1,075) 1,010
Investing Activities    
Purchases of equipment and patents (114) (30)
Purchases of debt securities (7,641) (9,685)
Maturities of debt securities 2,750 1,000
Net cash used in investing activities (5,005) (8,715)
Financing Activities    
Net cash provided by financing activities 0 0
Effect of exchange rate fluctuations on cash (116) 75
Net decrease in cash and cash equivalents (6,196) (7,630)
Cash and cash equivalents at beginning of period 17,578 23,328
Cash and cash equivalents at end of period $ 11,382 $ 15,698