XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net income/(loss) $ 1,150 $ (241)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 202 233
Gain on sale of assets (9)
Stock-based compensation expense 25 31
Deferred tax expense/(benefit) 34 (5)
Bad debt expense 28
Forgiveness of note payable from Paycheck Protection Program (1,037)
Changes in operating assets and liabilities, net of effect from acquisitions:    
Accounts receivable 614 543
Short-term investments (1)
Prepaid expenses and other assets (381) 161
Accounts payable 26 (342)
Accrued expenses and other current liabilities 309 (91)
Deferred revenue 203 616
Right of use assets and liabilities, net 2 (8)
Net cash provided by operating activities 1,166 896
Investing activities:    
Acquisition of Postelsia Holdings, Ltd. (300)
Purchases of property, equipment and software development costs (170) (110)
Net cash used in investing activities (170) (410)
Financing activities:    
Repayments of finance lease obligations (3) (2)
Proceeds from stock option exercise 40
Stock repurchase under Stock Buyback Plan (411) (158)
Net cash used in financing activities (374) (160)
Net change in cash 622 326
Cash at beginning of period 4,374 2,638
Cash at end of period $ 4,996 $ 2,964