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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
 3 Months Ended
Mar. 31, 2023
USD ($)
Cash flows from operating activities:  
Net loss $ (413)
Adjustments to reconcile net loss to net cash used in operating activities:  
Depreciation and amortization 2,700
Operating lease cost 254
Deferred income tax benefit (25)
Gain on disposal of assets (11)
Change in operating assets and liabilities:  
Increase in accounts receivable (7,467)
Decrease in employee retention credit receivable 3,035
(Increase) decrease in prepaid expenses and other assets (2,833)
Increase in accounts payable 3,337
(Decrease) increase in accrued liabilities (1,033)
Decrease in operating lease liabilities (273)
Increase (decrease) in deferred revenue 909
Net cash used in operating activities (1,820)
Cash flows from investing activities:  
Capital expenditures, net of non-cash capital expenditures summarized below (if applicable) (1,606)
Acquisition of short-term investments (1,000)
Proceeds from disposal of assets 11
Net cash used in investing activities (2,595)
Cash flows from financing activities:  
Principal payments on notes payable (144)
Principal payments on finance leases (25)
Breckenridge cash (distributions) contributions prior to acquisition (3,055)
Net cash (used in) provided by financing activities (3,224)
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)
Cash and cash equivalents and restricted cash at beginning of period 23,603
Cash and cash equivalents and restricted cash at end of period 15,944
Supplemental cash flow information:  
Cash paid for interest 14
Non-cash operating, investing and financing activities:  
Decrease in accrued purchases of property and equipment (605)
Finance leases incurred 116
Increase in right-of-use assets and operating lease liabilities 283
Financed insurance premiums 440
Convertible note for asset purchase 9,880
Deemed distribution of Breckenridge net assets not acquired 2,329
Acquisition of Breckenridge net assets $ (1,335)