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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities    
Net income $ 5,833,000 $ 1,638,000
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,190,000 2,109,000
Amortization of operating lease assets 893,000
Bad debt, net 83,000 196,000
Deferred income tax expense (benefit) 792,000 (85,000)
Share based compensation 235,000 186,000
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable, net (3,160,000) (9,296,000)
Prepaid expenses and other assets (432,000) 852,000
Accounts payable 530,000 (144,000)
Operating lease liabilities (893,000)
Accrued expenses, other current liabilities and customer incentives and deposits 76,000 6,594,000
Net cash provided by operating activities 6,147,000 2,050,000
Investing activities    
Purchases of property and equipment and capitalized software (1,378,000) (1,622,000)
Purchase of Resource Plus subsidiary, net of cash acquired 767,000
Net cash used in investing activities (1,378,000) (855,000)
Financing activities    
Net borrowing (payments) on lines of credit 7,979,000 1,700,000
Payoff of bank line of credit (9,598,000)
Payments related to stock options exercised (19,000) (52,000)
Proceeds from term debt 872,000
Payments on term debt (333,000) (333,000)
Distribution to non-controlling investors (1,914,000)
Payments on capital lease obligations (72,000)
Net cash provided by (used in) financing activities (1,971,000) 201,000
Effect of foreign exchange rate changes on cash 549,000 (3,112,000)
Net change in cash and cash equivalents 3,347,000 (1,716,000)
Cash and cash equivalents at beginning of year 7,111,000 8,827,000
Cash and cash equivalents at end of year 10,458,000 7,111,000
Supplemental disclosure of cash flows information    
Interest paid 825,000 994,000
Income taxes paid $ 197,000 $ 309,000