XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities - Continuing Operations    
Net income (loss) from continuing operations $ 5,914 $ 6,417
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 212 149
Stock-based compensation 777 629
(Gain) loss on real estate ventures 720 (238)
Distributions from real estate ventures 44 0
Deferred income taxes 635 (149)
Changes in operating assets and liabilities:    
Accounts receivable (7,157) (5,814)
Prepaid expenses and other current assets (43) (143)
Accrued personnel costs (1,733) 839
Accounts payable and accrued liabilities 233 33
Other assets and liabilities 36 145
Net cash provided by (used in) operating activities (362) 1,868
Investing Activities - Continuing Operations    
Investments in real estate ventures (89) (2,694)
Proceeds from sale of CES 0 1,016
Distributions from real estate ventures 335 318
Purchase of fixed assets/leasehold improvements/intangibles (281) (559)
Net cash provided by (used in) investing activities (35) (1,919)
Financing Activities - Continuing Operations    
Payments under credit facility - due to affiliates 0 (5,500)
Redemption of Series C Preferred Stock 0 (4,000)
Payment of taxes related to the net share settlement of equity awards (390) (568)
Net cash provided by (used in) financing activities (390) (10,068)
Discontinued Operations    
Operating cash flows, net 0 (321)
Investing cash flows, net 0 0
Financing cash flows, net 0 (26)
Net cash provided by (used in) discontinued operations 0 (347)
Net increase (decrease) in cash and cash equivalents (787) (10,466)
Cash and cash equivalents, beginning of period 11,722 15,823
Cash and cash equivalents, end of period 10,935 5,357
Supplemental Cash Flow Information    
Cash paid for interest 0 222
Cash paid for income tax, net 9 80
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Issuance of Series A common stock to redeem Series C preferred stock 0 4,230
Right of use assets and lease liabilities at commencement $ 0 $ 209