XML 51 R41.htm IDEA: XBRL DOCUMENT v3.23.1
SUPPLEMENTAL PURCHASE AGREEMENT TRANSACTION INFORMATION - Statement of cash flows (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net (loss) income $ (413) $ (1,385)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,700 3,101
Operating lease cost 254 255
Non-cash compensation   279
Gain on disposal of assets (11) (10)
Remeasurement and other   (23)
Change in operating assets and liabilities:    
Increase in accounts receivable (7,467) (11,758)
(Increase) decrease in prepaid expenses and other assets (2,833) 71
(Decrease) increase in accounts payable 3,337 1,840
Increase in accrued liabilities (1,033) 151
Decrease in operating lease liabilities (273) (247)
Decrease in deferred revenue 909 (1,423)
Net cash used in operating activities (1,820) (9,149)
Cash flows from investing activities:    
Capital expenditures (1,606) (28)
Proceeds from disposal of assets 11 10
Net cash used in investing activities (2,595) (18)
Cash flows from financing activities:    
Principal payments on notes payable (144) (328)
Principal payments on finance leases (25) (9)
Tax withholdings related to stock-based compensation awards   (79)
Sale of treasury stock   113
Breckenridge cash contributions prior to acquisition (3,055) 1,950
Net cash (used in) provided by financing activities (3,224) 1,647
Effect of exchange rate changes on cash and cash equivalents and restricted cash (20)  
Net decrease in cash and cash equivalents and restricted cash (7,659) (7,520)
Cash and cash equivalents and restricted cash at beginning of period 23,603 30,376
Cash and cash equivalents and restricted cash at end of period 15,944 22,856
Supplemental cash flow information:    
Cash paid for interest 14 11
Non-cash operating, investing and financing activities:    
Increase in right-of-use assets and operating lease liabilities 283 527
Financed insurance premiums 440 944
Convertible note for asset purchase $ 9,880  
Deemed contribution of Breckenridge net assets   (6,472)
Breckenridge Geophysical, LLC    
Non-cash operating, investing and financing activities:    
Deemed contribution of Breckenridge net assets   (6,472)
Previously reported    
Cash flows from operating activities:    
Net (loss) income   (2,391)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization   2,634
Operating lease cost   255
Non-cash compensation   279
Gain on disposal of assets   (10)
Remeasurement and other   (23)
Change in operating assets and liabilities:    
Increase in accounts receivable   (9,851)
(Increase) decrease in prepaid expenses and other assets   78
(Decrease) increase in accounts payable   (576)
Increase in accrued liabilities   47
Decrease in operating lease liabilities   (247)
Decrease in deferred revenue   (855)
Net cash used in operating activities   (10,660)
Cash flows from investing activities:    
Capital expenditures   (28)
Proceeds from disposal of assets   10
Net cash used in investing activities   (18)
Cash flows from financing activities:    
Principal payments on notes payable   (328)
Principal payments on finance leases   (9)
Tax withholdings related to stock-based compensation awards   (79)
Sale of treasury stock   113
Net cash (used in) provided by financing activities   (303)
Net decrease in cash and cash equivalents and restricted cash   (10,981)
Cash and cash equivalents and restricted cash at beginning of period   30,376
Cash and cash equivalents and restricted cash at end of period   19,395
Supplemental cash flow information:    
Cash paid for interest   11
Non-cash operating, investing and financing activities:    
Increase in right-of-use assets and operating lease liabilities   527
Financed insurance premiums   944
Adjustment | Breckenridge Geophysical, LLC    
Cash flows from operating activities:    
Net (loss) income   1,006
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization   467
Change in operating assets and liabilities:    
Increase in accounts receivable   (1,907)
(Increase) decrease in prepaid expenses and other assets   (7)
(Decrease) increase in accounts payable   2,416
Increase in accrued liabilities   104
Decrease in deferred revenue   (568)
Net cash used in operating activities   1,511
Cash flows from financing activities:    
Breckenridge cash contributions prior to acquisition   1,950
Net cash (used in) provided by financing activities   1,950
Net decrease in cash and cash equivalents and restricted cash   3,461
Cash and cash equivalents and restricted cash at end of period   3,461
Non-cash operating, investing and financing activities:    
Deemed contribution of Breckenridge net assets   $ (6,472)