XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating Activities - Continuing Operations    
Net income (loss) from continuing operations $ 7,728 $ 16,039
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 206 94
Stock-based compensation 834 633
(Gain) loss on real estate ventures (121) 14
Distributions from real estate ventures 162 0
Deferred income taxes (55) (11,300)
Changes in operating assets and liabilities:    
Accounts receivable (1,932) 1,886
Prepaid expenses and other current assets (67) (11)
Accrued personnel costs 1,491 1,135
Accounts payable and accrued liabilities (41) (41)
Other assets and liabilities 192 239
Net cash provided by (used in) operating activities 8,397 8,688
Investing Activities - Continuing Operations    
Investments in real estate ventures (2,709) (2,058)
Proceeds from sale of CES 1,016 0
Distributions from real estate ventures 220 3,522
Purchase of fixed assets/leasehold improvements/intangibles (626) (188)
Net cash provided by (used in) investing activities (2,099) 1,276
Financing Activities - Continuing Operations    
Payments under credit facility - due to affiliates (5,500) 0
Loan proceeds 0 121
Loan payments 0 (126)
Redemption of Series C preferred stock (4,000) 0
Payment of taxes related to the net share settlement of equity awards (568) (222)
Net cash provided by (used in) financing activities (10,068) (227)
Discontinued Operations    
Operating cash flows, net (305) (881)
Investing cash flows, net 0 (36)
Financing cash flows, net (26) (29)
Net cash provided by (used in) discontinued operations (331) (946)
Net increase (decrease) in cash and cash equivalents (4,101) 8,791
Cash and cash equivalents, beginning of period 15,823 7,032
Cash and cash equivalents, end of period 11,722 15,823
Supplemental Cash Flow Information    
Cash paid for interest 222 234
Cash paid for income tax, net 92 8
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Issuance of Series A common stock to redeem Series C preferred stock 4,230 0
Right of use assets and lease liabilities at commencement 1,224 0
Accrued liability settled through issuance of common stock $ 0 $ 28