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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
OPERATING ACTIVITIES:    
Net income $ 4,768 $ 4,932
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 2,128 1,996
Interest amortization of deferred financing costs 36 41
Stock-based compensation expense 1,278 1,378
Deferred income taxes, net 551 333
Revaluation of contingent consideration liability 0 (1,982)
Operating lease assets and liabilities, net (223) 141
Working capital items:    
Accounts receivable and unbilled receivables (7,815) (6,450)
Prepaid and other current assets 788 (2,070)
Accounts payable 1,770 2,049
Accrued payroll and related costs (990) 87
Other accrued liabilities (279) (236)
Deferred revenue (75) (41)
Net cash flows provided by operating activities 1,937 178
INVESTING ACTIVITIES:    
Recovery of (payment for) non-current deposits 104 (199)
Capital expenditures (797) (326)
Net cash flows (used in) investing activities (693) (525)
FINANCING ACTIVITIES:    
(Repayments) on term loan facility (2,200) (2,200)
Proceeds from the issuance of common shares 199 181
Proceeds from the exercise of stock options 1,323 105
Net cash flows (used in) financing activities (678) (1,914)
Effect of exchange rate changes on cash and cash equivalents (466) (114)
Net change in cash and cash equivalents 100 (2,375)
Cash and cash equivalents, beginning of period 6,622 7,677
Cash and cash equivalents, end of period $ 6,722 $ 5,302