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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Activities    
Net income (loss) $ 14,560 $ 7,784
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 302 212
Stock-based compensation 945 968
(Gain) loss on real estate ventures 297 1,187
Distributions from real estate ventures 82 44
Deferred income taxes (3,835) 470
Accrued interest income (70) (48)
(Gain) loss on disposal of fixed assets 0 9
Deferred compensation plan assets 3 1
Changes in operating assets and liabilities:    
Accounts receivable (2,291) (1,450)
Prepaid expenses and other current assets (7) (41)
Accrued personnel costs 271 (278)
Accounts payable and accrued liabilities (57) 26
Deferred compensation plan liabilities 455 75
Other assets and liabilities 20 44
Net cash provided by (used in) operating activities 10,675 9,003
Investing Activities    
Investments in real estate ventures (140) (1,583)
Distributions from real estate ventures 586 335
Purchase of deferred compensation plan securities (428) (52)
Purchase of fixed assets (368) (247)
Net cash provided by (used in) investing activities (350) (1,547)
Financing Activities    
Proceeds from issuance of common stock related to equity awards 226 0
Payment of taxes related to the net share settlement of equity awards (578) (390)
Net cash provided by (used in) financing activities (352) (390)
Net increase (decrease) in cash and cash equivalents 9,973 7,066
Cash and cash equivalents, beginning of period 18,788 11,722
Cash and cash equivalents, end of period 28,761 18,788
Supplemental Cash Flow Information    
Interest (602) (48)
Income taxes $ 3 $ 26