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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities        
Net (loss) income $ (875,000) $ 530,000 $ (1,733,000) $ 1,023,000
Adjustment to reconcile net (loss) income to net cash provided by (used in) operating activities:        
Depreciation and amortization     182,000 219,000
Amortization of right of use assets     211,000 195,000
Gain on forgiveness of PPP loan (824,000)
Amortization of deferred financing fees and debt discount     53,000
Loss on foreign currency remeasurement 51,000 (76,000) 59,000 (60,000)
Issuance of common stock for compensation     26,000
Amortization of stock options     38,000 38,000
Allowance for credit losses     (25,000) 14,000
Changes in operating assets and liabilities:        
Accounts receivable     1,197,000 (1,321,000)
Inventories     515,000 (1,509,000)
Prepaids and other assets     110,000 84,000
Accounts payable     269,000 (88,000)
Accrued liabilities     91,000 176,000
Operating lease liabilities     (220,000) (188,000)
Customer deposits     (174,000) 1,187,000
Deferred pension liability and other     52,000 (105,000)
Net cash provided by (used in) operating activities     598,000 (1,106,000)
Cash flows from investing activities        
Purchases of property, plant and equipment     (248,000) (12,000)
Net cash used in investing activities     (248,000) (12,000)
Cash flows from financing activities        
Proceeds from long-term debt     200,000 703,000
Payments of long-term debt     (200,000)
Net cash provided by financing activities       703,000
Effect of exchange rate changes     (1,000)
Net increase (decrease) in cash, cash equivalents and restricted cash     350,000 (416,000)
Cash, cash equivalents and restricted cash at beginning of year     48,000 524,000
Cash, cash equivalents and restricted cash at end of period 398,000 108,000 398,000 108,000
Supplemental disclosure of cash flow information:        
Interest paid     23,000
Income taxes paid     10,000 10,000
Current assets        
Cash and cash equivalents 198,000 108,000 198,000 108,000
Long-term assets        
Restricted cash 200,000 200,000
Cash, cash equivalents and restricted cash at end of period $ 398,000 $ 108,000 $ 398,000 $ 108,000