XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 2,911 $ (5,528)
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Depreciation and amortization 281 480
Gain on disposal of discontinued operations (4,654)  
Stock-based compensation 58 113
Impairment of goodwill and intangible assets   3,589
Change in operating assets and liabilities:    
Accounts receivable 915 1,725
Inventories 961 (612)
Prepaid expenses and other assets 84 222
Income taxes receivable 239 73
Accounts payable, accrued expenses, and other liabilities (842) (1,251)
Total adjustments to net income (loss) (2,958) 4,339
Net cash used in operating activities (47) (1,189)
Cash flows from investing activities:    
Proceeds from sale of discontinued operations 8,167  
Purchase of software   (142)
Net cash provided by (used in) investing activities 8,167 (142)
Cash flows from financing activities:    
Proceeds from term loans 250  
Repayments on term loans (1,250) (2,000)
Proceeds from revolving credit facility 2,795 20,763
Repayments of revolving credit facility (5,299) (18,563)
Net cash (used in) provided by financing activities (3,504) 200
Net increase (decrease) in cash, cash equivalents, and restricted cash 4,616 (1,131)
Cash, cash equivalents, and restricted cash, beginning of period 49 1,270
Cash, cash equivalents, and restricted cash, end of period 4,665 139
Supplemental disclosures:    
Cash paid during the period for interest $ 132 $ 256