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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 2,043 $ 2,675
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 487 854
Bad debt expense 279 236
Deferred income taxes 80 14
Stock-based compensation expense 559 232
Changes in operating assets and liabilities:    
Decrease (increase) in accounts receivable (61) (767)
Decrease (increase) in other assets (166) (273)
Increase (decrease) in accounts payable (2) (365)
Increase (decrease) in accrued expenses 409 489
Increase (decrease) in deferred revenue 375 500
Net cash provided by operating activities 3,025 3,319
Cash flows from investing activities:    
Capitalized software 0 215
Purchase of fixed assets (52) (49)
Net cash used in investing activities (52) (264)
Cash flows from financing activities:    
Exercise of stock options 91 274
Payment for stock repurchase and retirement (5,000) (452)
Net cash used in financing activities (4,909) (178)
Net change in cash and cash equivalents (1,936) 2,877
Cash - beginning 23,852 19,556
Currency translation adjustment (104) (18)
Cash and cash equivalents - ending 21,812 22,415
Supplemental disclosures:    
Cash paid for income taxes $ 782 $ 893