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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income (loss) $ 493,000 $ (621,000)
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 110,000 127,000
Amortization of right of use assets 97,000 72,000
Gain on forgiveness of PPP loan (824,000)
Amortization of deferred financing fees and debt discount 32,000 32,000
Gain on extinguishment of debt (77,000)
Loss on foreign currency remeasurement 16,000 36,000
Bad debt expense 56,000 42,000
Changes in operating assets and liabilities:    
Accounts receivable (309,000) (438,000)
Inventories (740,000) 105,000
Prepaids and other assets (451,000) 87,000
Accounts payable (365,000) 1,059,000
Accrued liabilities 78,000 364,000
Operating lease liabilities (87,000) (73,000)
Customer deposits 1,128,000 (355,000)
Deferred pension liability and other (62,000) (122,000)
Net cash (used in) provided by operating activities (828,000) 238,000
Cash flows from investing activities    
Purchases of property, plant and equipment (12,000)
Net cash used in investing activities (12,000)
Cash flows from financing activities    
Proceeds from long-term debt 703,000 90,000
Payments of long-term debt (20,000)
Net cash provided by financing activities 703,000 70,000
Effect of exchange rate changes (4,000)
Net (decrease) increase in cash and cash equivalents (141,000) 308,000
Cash and cash equivalents at beginning of year 524,000 43,000
Cash and cash equivalents at end of period 383,000 351,000
Interest paid 38,000
Income taxes paid $ 10,000 $ 9,000