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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities:    
Net income (loss) $ 459 $ (1,854)
Adjustments to net income (loss):    
Provision for credit losses 706 500
Deferred taxes (135) (2,982)
Stock-based compensation 1,213 800
Depreciation 291 400
Gain on sale of business (53) (1,250)
Amortization of acquisition-related intangibles 3,053 3,127
Amortization of software development costs 3,071 2,742
Amortization of deferred finance costs 130 107
Non-cash operating lease costs 269 675
Changes in operating assets and liabilities:    
Accounts receivable (3,254) (4,982)
Financing receivables 2,087 628
Inventories 172 (505)
Prepaid expenses and other current assets (1,425) 772
Accounts payable 281 1,253
Deferred revenue (1,197) 1,006
Operating lease liabilities (275) (583)
Other liabilities (1,550) (2,573)
Income taxes, net 1,917 685
Net cash provided by (used in) operating activities 5,760 (2,034)
Investing Activities:    
Sale of business, net of cash and cash equivalents sold 2,102 21,410
Investment in software development (3,976) (4,839)
Purchase of property and equipment (358) (177)
Net cash (used in) provided by investing activities (2,232) 16,394
Financing Activities:    
Payments of long-term debt principal (875) (875)
Proceeds from revolving line of credit 1,325 15,423
Payments of revolving line of credit (4,325) (27,729)
Debt issuance costs 0 (529)
Treasury stock purchases (1,853) (342)
Net cash used in financing activities (5,728) (14,052)
Increase (decrease) in cash and cash equivalents (2,200) 308
Change in cash and cash equivalents included in assets sold 0 (41)
Cash and cash equivalents at beginning of period 12,324 3,848
Cash and cash equivalents at end of period 10,124 4,115
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,501 6,820
Cash paid for income taxes $ 2,681 $ 1,000