XML 16 R6.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,114,000) $ (1,469,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,011,000 775,000
Loss on disposal or impairment of long-lived assets   40,000
Loss on extinguishment of debt   300,000
Stock-based compensation expense 1,346,000 907,000
Amortization of deferred commissions 11,000 9,000
Amortization of debt discount and issuance costs 24,000 23,000
Amortization of right-of-use assets 56,000 45,000
Change in fair value of contingent consideration   50,000
Provision for accounts receivable 52,000 140,000
Changes in operating assets and liabilities:    
Accounts receivable 232,000 (558,000)
Prepaid expenses and other assets (187,000) (240,000)
Accounts payable and accruals 1,010,000 (22,000)
Operating lease liability (55,000) (48,000)
Deferred revenue (126,000) 4,000
Net cash provided by (used in) operating activities 1,260,000 (44,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment (17,000) (3,000)
Software development costs (465,000) (472,000)
Patent costs   (4,000)
Payment for acquisition (245,000) (311,000)
Net cash used in investing activities (727,000) (790,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from term loan, net of lender fees 3,599,000 11,950,000
Payments for costs directly attributable to the issuance of term loan   (325,000)
Repayment of term loan   (7,000,000)
Payments for debt extinguishment costs   (249,000)
Proceeds from exercise of options   38,000
Payments related to settlement of employee shared-based awards (382,000) (966,000)
Repurchase of common stock (475,000) 0
Net cash provided by financing activities 2,742,000 3,448,000
Net decrease in cash and cash equivalents 3,275,000 2,614,000
Cash and cash equivalents -beginning of period 5,288,000 5,651,000
Cash and cash equivalents - end of period $ 8,563,000 $ 8,265,000