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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows (used in) provided by operating activities:    
Net income $ 645 $ 1,032
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Amortization of deferred issuance costs and fees 58 49
Earnings of equity method investments (82) 0
Noncash lease expense 125 133
Depreciation and amortization 133 91
Deferred taxes 130 (48)
Stock-based compensation expense 106 143
Changes in operating assets and liabilities:    
Accounts receivable (150) (801)
Inventory – equipment 363 144
Other assets 232 55
Accounts payable and accrued liabilities (1,672) (1,802)
Payables to sellers 3,323 (4,683)
Lease liabilities (118) (140)
Net cash (used in) provided by operating activities 3,093 (5,827)
Cash flows (used in) provided by investing activities:    
Investment in notes receivable 0 (2,494)
Payments received on notes receivable 814 929
Investment in equity method investments (2,118) 0
Cash distributions from equity method investments 338 0
Purchase of property and equipment (12) (23)
Net cash used in investing activities (978) (1,588)
Cash flows provided by (used in) financing activities:    
Repayment of debt payable to third parties (617) 0
Proceeds from issuance of common stock from stock option awards 9 85
Payments of tax withholdings related to cashless exercises of stock option awards (32) (203)
Net cash used in financing activities (640) (118)
Net (decrease) increase in cash and cash equivalents 1,475 (7,533)
Cash and cash equivalents as of beginning of period 13,622 23,385
Cash and cash equivalents as of end of period 15,097 15,852
Supplemental cash flow information:    
Cash paid for taxes 7 0
Cash paid for interest $ 32 $ 0