XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities    
Net loss $ (3,013) $ (27,863)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 3,346 3,107
Stock-based compensation 321 1,654
Net pension (payment) cost (1,847) [1] 31,027
Deferred income taxes (76) (10,254)
Changes in assets and liabilities:    
Accounts receivable and contract assets 2,371 (287)
Prepaid expenses, income tax receivable and other current assets (551) (79)
Accounts payable and accrued expenses (4,120) (1,989)
Deferred revenue and customer advances 869 205
Customer postage and program deposits (852) (385)
Other accrued expenses and liabilities 1,080 (2,168)
Net cash used in operating activities (2,472) (7,032)
Cash Flows from Investing Activities    
Purchases of property, plant and equipment (1,334) (3,119)
Proceeds from sale of property, plant and equipment 0 1
Net cash used in investing activities (1,334) (3,118)
Cash Flows from Financing Activities    
Debt financing costs (100) 0
Payment of finance leases (118) (45)
Recovery of short-swing profit from stockholders 838 0
Treasury stock activities (65) (280)
Net cash provided by (used in) financing activities 555 (325)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (173) (1,945)
Net decrease in cash and cash equivalents and restricted cash (3,424) (12,420)
Cash and cash equivalents and restricted cash at beginning of period 9,934 18,864
Cash and cash equivalents and restricted cash at end of period 6,510 [2] 6,444
Supplemental disclosures    
Cash paid for (received) interest 137 (34)
Cash paid for income taxes, net 1,496 1,194
Non-cash investing and financing activities    
Purchases of property, plant and equipment included in accounts payable 583 1,402
Pension Plan I termination payments and charges 0 31,879
Normal pension plan activities (1,847) (852)
Net Pension cost, net (1,847) [1] 31,027
Cash and cash equivalents 6,510 5,944
Cash held in Escrow account included in other assets 0 500
Cash and cash equivalents and restricted cash at end of period $ 6,510 [2] $ 6,444
[1]
(1) This amount is comprised of the below balances:
Pension Plan I termination payments and charges$— 31,879 
Normal pension plan activities(1,847)$(852)
Net Pension cost, net$(1,847)$31,027 
[2]
(2) This amount is comprised of the below balances:
Cash and cash equivalents$6,510 $5,944 
Cash held in Escrow account included in other assets — 500 
Cash and cash equivalents and restricted cash at end of period$6,510 $6,444