XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net (loss) income $ (370) $ 1,510
Adjustments to reconcile net cash (used in) provided by operating activities:    
Depreciation and amortization expense 1,702 1,596
Deferred income taxes (11) (8)
Stock-based compensation 189 225
Allowance for credit losses (16) (2)
Common stock issued under defined contribution 401(k) plan 286 287
Changes in operating assets and liabilities:    
Accounts receivable 2,304 4,632
AMP credit receivable (33) 5,319
Contract assets (90) 800
Inventories (9,566) 19
Prepaid expenses and other current assets (394) 635
Accounts payable 6,815 (4,005)
Accrued liabilities 285 (71)
Customer deposits (9,161) (5,097)
Other non-current assets and liabilities 23 17
Net cash (used in) provided by operating activities (8,037) 5,857
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (916) (1,744)
Net cash used in investing activities (916) (1,744)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from (payments on) line of credit, net 3,356 (4,657)
Proceeds from long-term debt 0 1,244
Payments on long-term debt (361) (325)
Payments on finance leases (363) (401)
Shares withheld for taxes in connection with issuance of restricted stock (196) 0
Net cash provided by (used in) financing activities 2,436 (4,139)
NET DECREASE IN CASH (6,517) (26)
CASH beginning of the period 7,721 1,099
CASH end of the period $ 1,204 $ 1,073