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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 913 $ (6,136)
Adjustments to reconcile net loss to net cash used in operating activities:    
Provision for doubtful accounts (1) 367
Depreciation and amortization 6,920 7,158
Deferred income taxes 3 (15)
Loss on disposals of fixed assets 323 216
Compensation expense related to stock-based awards and employee stock purchase plan 874 1,586
Unrealized currency translation loss (gain) 19 (361)
Gain on sale of KVH Media Group Entertainment Limited 0 (631)
Changes in operating assets and liabilities:    
Accounts receivable 481 (640)
Inventories (1,447) (6,371)
Prepaid expenses, other current assets, and current contract assets 793 (372)
Other non-current assets and non-current contract assets 721 1,252
Accounts payable (8,260) (56)
Contract liabilities and long-term contract liabilities 72 114
Accrued compensation, product warranty and other (4,598) 655
Net cash used in operating activities (3,187) (3,234)
Cash flows from investing activities:    
Capital expenditures (4,744) (8,012)
Cash paid for acquisition of intangible asset (23) (28)
Proceeds from the sale of KVH Media Group Entertainment Limited, net of cash sold 0 2,378
Purchases of marketable securities (16,697) (10)
Maturities and sales of marketable securities 15,422 8,000
Net cash (used in) provided by investing activities (6,042) 2,328
Cash flows from financing activities:    
Proceeds from stock options exercised and employee stock purchase plan 2,367 333
Purchase of treasury stock (239) 0
Payment of finance lease (22) (132)
Net cash provided by financing activities 2,106 201
Effect of exchange rate changes on cash and cash equivalents 75 (276)
Net decrease in cash and cash equivalents (7,048) (981)
Cash and cash equivalents at beginning of period 21,056 11,376
Cash and cash equivalents at end of period 14,008 10,395
Supplemental disclosure of non-cash investing and financing activities:    
Changes in accrued other and accounts payable related to property and equipment additions 47 188
Taxes accrued for net share settlement of options $ 0 $ 131