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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows provided by operating activities:    
Net income $ 3,899 $ 3,751
Adjustments to reconcile net income to net cash provided by operating activities:    
Earnings of equity method investments (1,373) 0
Noncash lease expense (262) 0
Depreciation and amortization 305 319
Impairment of goodwill 573 0
Fair value adjustment of contingent consideration 0 (157)
Deferred taxes (956) 72
Stock-based compensation expense 283 289
Changes in operating assets and liabilities:    
Accounts receivable (1,459) (16)
Inventory – equipment 2,301 (2,235)
Other assets (100) (238)
Accounts payable and accrued liabilities 9 3,847
Lease liabilities 235 0
Other non-current liabilities (2,661) 1,838
Net cash provided by operating activities 794 7,470
Cash flows used in investing activities:    
Purchase of property and equipment (116) (99)
Investment in notes receivable (2,827) 0
Payments received on notes receivable 166 0
Investment in equity method investments (604) (2,753)
Cash distributions from equity method investments 2,225 0
Net cash used in investing activities (1,156) (2,852)
Cash flows used in financing activities:    
Proceeds from debt payable to third parties 1,250 1,300
Repayment of debt payable to third parties (2,428) (826)
Repayment of debt payable to related party 0 (390)
Payment of contingent consideration 0 (2,617)
Proceeds from exercise of options to purchase common shares 0 74
Net cash used in financing activities (1,178) (2,459)
Net (decrease) increase in cash and cash equivalents (1,540) 2,159
Cash and cash equivalents at beginning of year 4,268 2,109
Cash and cash equivalents at end of year 2,728 4,268
Supplemental cash flow information:    
Cash paid for income taxes 290 56
Cash paid for interest 74 249
Noncash change in right-of-use assets 1,220 0
Noncash change in deferred rent (64) 0
Noncash change in lease liabilities 1,284 0
Issuance of common stock for services rendered $ 65 $ 0