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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 3,681 $ 2,363
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 478 574
Stock-based compensation 396 542
Deferred income tax (68) 97
Loss on long-lived assets 0 38
Gain on equity investment in WeGo 0 (196)
Net foreign currency effect 3 (13)
Reversal of loss on accounts receivable, refund reserve and other (712) (1,408)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 372 (3,163)
Prepaid income taxes 407 759
Prepaid expenses and other 160 565
Accounts payable (1,321) 103
Merchant payables (4,591) (7,961)
Accrued expenses and other 911 917
Income tax payable 0 (157)
Other liabilities 819 176
Net cash provided by (used in) operating activities 535 (6,764)
Cash flows from investing activities:    
Proceeds from repayment of note receivable 39 0
Purchases of intangible assets 0 (1,049)
Proceeds from sale of equity investment in WeGo 0 196
Purchases of property and equipment (111) (89)
Net cash used in investing activities (72) (942)
Cash flows from financing activities:    
Repurchase of common stock (186) 0
Net cash used in financing activities (186) 0
Effect of exchange rate changes on cash, cash equivalents and restricted cash 171 (524)
Net increase (decrease) in cash, cash equivalents and restricted cash 448 (8,230)
Cash, cash equivalents and restricted cash at beginning of period 19,378 44,989
Cash, cash equivalents and restricted cash at end of period 19,826 36,759
Supplemental disclosure of cash flow information:    
Cash paid for income taxes, net 74 259
Cash paid for amounts included in the measurement of lease liabilities 860 938
Non-cash consideration for purchase of intangible asset $ 0 $ 1,150