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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows provided by operating activities:    
Net income $ 9,658 $ 3,899
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred issuance costs and fees (30) 0
Earnings of equity method investments (3,796) (1,373)
Noncash lease expense 520 (262)
Impairment of goodwill 0 573
Depreciation and amortization 362 305
Deferred taxes (4,030) (956)
Stock-based compensation expense 353 283
Non-cash expense related to foreign operations 77 0
Changes in operating assets and liabilities:    
Accounts receivable 363 (1,459)
Inventory – equipment (131) 2,301
Other assets 818 (100)
Accounts payable and accrued liabilities 5,500 (2,652)
Lease liabilities (516) 235
Net cash provided by operating activities 9,148 794
Cash flows provided by (used in) investing activities:    
Investment in notes receivable (6,081) (2,827)
Payments received on notes receivable 1,736 166
Cash received on transfer of notes receivable to partners 4,950 0
Investment in equity method investments (1,428) (604)
Cash distributions from equity method investments 5,338 2,225
Purchase of property and equipment (7) (116)
Net cash provided by (used in) investing activities 4,508 (1,156)
Cash flows provided by (used in) financing activities:    
Proceeds from debt payable to third parties 5,625 1,250
Repayment of debt payable to third parties (6,063) (2,428)
Proceeds from issuance of common stock in public offering, net 7,541 0
Proceeds from issuance of common stock from stock option awards 66 0
Payments of tax withholdings related to cashless exercises of stock option awards (168) 0
Net cash provided by (used in) financing activities 7,001 (1,178)
Net increase (decrease) in cash and cash equivalents 20,657 (1,540)
Cash and cash equivalents at beginning of year 2,728 4,268
Cash and cash equivalents at end of year 23,385 2,728
Supplemental cash flow information:    
Cash paid for income taxes 143 290
Cash paid for interest 43 74
Issuance of common stock for services rendered $ 570 $ 65