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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,569 $ 1,377
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 615 500
Amortization 229 229
Non-cash reserve charges 408 (9)
Stock-based compensation 307 589
Non-cash lease expense (272) 97
Benefit for deferred income taxes 8 (220)
Gain on change in fair value of contingent consideration (1,400) (200)
Gain on sale of fixed assets (2)  
Change in operating assets and liabilities:    
Accounts receivable 2,596 787
Prepaid and other assets (1,262) (912)
Accounts payable and other accrued expenses 369 2,583
Inventory (1,139) (3,067)
Deposits (92)  
Net cash provided by operating activities 1,934 1,754
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (184) (72)
Proceeds on sale of fixed assets 10  
Net cash used in investing activities (174) (72)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on finance lease obligations (31) (28)
Cash dividends paid   (3,613)
Purchase of treasury stock (3,353)  
Proceeds from the issuance of common stock on stock-based awards 27 3
Principal payments on long-term debt (1,333) (1,333)
Taxes withheld and paid on employees' equity awards (422) (76)
Net cash used in financing activities (5,112) (5,047)
Net decrease in cash (3,352) (3,365)
Cash at beginning of period 20,144 42,612
Cash at end of period 16,792 39,247
Supplemental disclosure of cash flow information:    
Cash paid for interest (90) (89)
Cash paid for rent (1,382) (995)
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for new operating lease liabilities   211
Inventory transferred to property and equipment under lease 438 339
Capital expenditures not yet paid $ 77 $ 56