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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net Income $ 3,520 $ 4,200
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Non-Cash Compensation 3 61
Non-Cash Lease Expense 173 170
Depreciation and Amortization 341 287
Provision for Losses on Accounts Receivable, net of write-offs (80) (292)
Deferred Taxes 36 210
Provision for Inventory Reserves (221) (142)
Changes in Assets and Liabilities:    
Accounts Receivable 665 1,376
Inventories (338) 134
Other Assets 810 500
Accounts Payable (476) 767
Accrued Compensation (1,350) (2,598)
Accrued Commissions and Sales Incentives (986) (1,498)
Lease Liability - Operating (174) (115)
Other Liabilities (368) (356)
Net Cash Provided by Operating Activities 1,555 2,704
Cash Flows from Investing Activities:    
Capital Expenditures (552) (461)
Net Cash Used in Investing Activities (552) (461)
Cash Flows from Financing Activities:    
Dividends Paid (3,432) (3,332)
Net Cash Used in Financing Activities (3,432) (3,332)
Net Decrease in Cash and Cash Equivalents (2,429) (1,089)
Translation effect on cash (44) 1
Cash and Cash Equivalents – Beginning of Period 51,699 46,356
Cash and Cash Equivalents – End of Period 49,226 45,268
Supplemental Disclosure of Cash Flow Information:    
Cash paid for Income Taxes 110 90
Declared Dividends 3,432 3,331
Additions to Right-Of-Use Assets obtained from new operating Lease Liabilities $ (4) $ 1,874