XML 18 R6.htm IDEA: XBRL DOCUMENT v3.25.1
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 (loss) $ (1,570) $ (4,455)
Adjustments to reconcile net loss to net cash used in (provided by) operating activities:    
(Income) Loss from discontinued operations, net of tax 400 (1,061)
Depreciation and amortization 2,098 3,338
Provision for expected credit losses 14 (41)
Impairment of capitalized software 384 420
Provision for excess and obsolete inventory 680 128
Share-based compensation expense 1,601 688
Amortization of debt discount and debt issuance costs (22) 489
Deferred income taxes 3 3
Non-cash operating lease expense 263 252
Changes in assets and liabilities:    
Accounts receivable 1,698 238
Inventories (2,218) 1,880
Prepaid expenses and other assets 1,346 (460)
Accounts payable (850) (734)
Accrued expenses and other liabilities (6,972) 3,563
Operating lease liabilities (322) (306)
Operating cash flows from continuing operations (3,467) 3,942
Operating cash flows from discontinued operations 0 1,298
Net cash used in (provided by) operating activities (3,467) 5,240
Cash flows from investing activities:    
Purchases of property, plant and equipment (32) 0
Additions to capitalized software development costs and purchases of intangible assets (1,693) (577)
Investing cash flows from continuing operations (1,725) (577)
Investing cash flows from discontinued operations 710 0
Net cash used in investing activities (1,015) (577)
Cash flows from financing activities:    
Net borrowings on revolving credit facility 0 583
Proceeds from stock option exercises and employee stock purchase plan, net of taxes 42 0
Financing cash flows from continuing operations 42 583
Financing cash flows from discontinued operations 0 0
Net cash provided by financing activities 42 583
Effect of exchange rates on cash (7) 226
Net decrease (increase) in cash and cash equivalents (4,447) 5,472
Cash and cash equivalents, beginning of period 39,596 2,409
Cash and cash equivalents, end of period 35,149 7,881
Cash paid during the year for:    
Interest 7 147
Income taxes 57 44
Supplemental disclosures of non-cash investing and financing activities:    
Capital expenditures financed through accounts payable or accrued liabilities $ 918 $ 104