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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 3,299,334 $ 17,201,204
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 430,006 470,950
Amortization of debt issuance costs 46,159 103,304
Stock-based compensation expense 604,682 770,626
Deferred income taxes 1,100,548 (13,363,661)
Provision for credit losses 144,565
Changes in operating assets and liabilities:    
Decrease in accounts receivable 491,253 505,576
Decrease in insurance recovery receivable 3,600,000
Decrease (increase) in contract assets 2,479,778 (7,927,528)
Decrease in inventory 518,359 1,056,422
Decrease in prepaid expenses and other current assets 83,492 297,804
Decrease in operating right-of-use assets 1,883,993 1,786,434
(Decrease) increase in accounts payable and accrued expenses (1,730,794) 5,107,211
Decrease in litigation settlement obligation (3,600,000)
Decrease in contract liabilities (3,506,966) (64,097)
Decrease in lease liabilities (1,999,057) (1,795,417)
Decrease in loss reserve (314,519) (239,198)
Increase in income taxes payable 28,102 18,711
Net cash provided by operating activities 3,558,935 3,928,341
Cash flows from investing activities:    
Purchase of property and equipment (403,854) (140,450)
Net cash used in investing activities (403,854) (140,450)
Cash flows from financing activities:    
Principal payments on line of credit (2,650,000) (960,000)
Principal payments on long-term debt (44,498) (1,719,766)
Proceeds from insurance financing obligation 326,125 330,482
Repayments of insurance financing obligation (338,037) (49,572)
Taxes paid related to net share settlement of equity awards (52,502) (87,132)
Debt issuance costs (54,334)
Net cash used in financing activities (2,758,912) (2,540,322)
Net increase in cash 396,169 1,247,569
Cash at beginning of year 5,094,794 3,847,225
Cash at end of year 5,490,963 5,094,794
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest 2,356,447 2,454,065
Cash paid for income taxes $ 5,484 $ 4,364