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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities:    
Net income (loss) $ (2,562,000) $ 993,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,192,000 860,000
Changes in allowance for doubtful accounts 1,000 (16,000)
Deferred income tax expense (443,000) (9,000)
Stock-based compensation expense 378,000 277,000
Changes in operating assets and liabilities:    
Accounts receivable 2,324,000 586,000
Inventories 10,000 (22,000)
Income tax receivable (2,000) 266,000
Prepaid expenses and other (17,000) 80,000
Accounts payable (1,039,000) 408,000
Accrued liabilities (2,031,000) 253,000
Accrued income taxes 23,000 23,000
Deferred revenue 88,000 381,000
Net cash provided by (used in) operating activities (2,078,000) 4,080,000
Investing Activities:    
Purchases of property and equipment (361,000) (877,000)
Purchase of investments (4,981,000) 0
Proceeds from sale of held to maturity investments 4,981,000 0
Net cash used in investing activities (361,000) (877,000)
Financing Activities:    
Cash dividends paid ($0.70 per share) (14,000) (14,000)
Proceeds from issuance of common stock 108,000 49,000
Repurchase of common stock upon vesting of restricted stock awards (35,000) (74,000)
Repurchase of common stock, net 0 (269,000)
Net cash provided by (used in) financing activities 59,000 (308,000)
Increase (decrease) in cash and cash equivalents (2,380,000) 2,895,000
Cash and cash equivalents at beginning of period 10,160,000 4,695,000
Cash and cash equivalents at end of period 7,780,000 7,590,000
Supplemental disclosures for cash flow information:    
Cash paid during the period for income taxes 6,000 84,000
Non-cash investing and financing activities:    
Purchases of property and equipment included in accounts payable $ 0 $ 96,000