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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows provided by operating activities:    
Net income $ 1,078 $ 42
Depreciation and amortization 91 115
(Decrease) increase in the provision for credit loss (7) 3
Impairment of inventory 21 9
Non-cash lease expense 97 96
Stock-based compensation 52 46
Change in operating assets and liabilities:    
(Increase) decrease in accounts receivable (351) 11
Decrease (increase) in inventory 282 (129)
Decrease in deferred COGS 644 162
Decrease (increase) in other current assets and other assets 37 (49)
(Decrease) increase in deferred revenue (1,200) 40
Decrease in operating lease liability (108) (104)
Increase in accounts payable, accrued expenses, other current liabilities and non-current liabilities 103 124
Net cash provided by operating activities 739 366
Cash flows used in investing activities:    
Investments in technology (44) (70)
Equipment purchases (4) (2)
Net cash used in investing activities (48) (72)
Cash flows provided by financing activities:    
Stock option exercise proceeds 13
Warrant exercise proceeds 5
Net cash provided by financing activities 13 5
Net increase in cash 704 299
Cash at the beginning of the period 1,449 1,450
Cash at the end of the period 2,153 1,749
Cash paid during the period for:    
Interest 1 2
Income Taxes 2
Non-cash investing and financing activities:    
Accrued preferred dividends to former CEO of OmniMetrix $ 3 $ 3