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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Operating activities              
Net income $ 1,613 $ 1,455 $ 1,132 $ 1,781 $ 3,068 $ 2,913  
Adjustments to reconcile net income to net cash provided by (used in) operating activities              
Depreciation and amortization         1,017 1,064  
Non-cash lease expense         483 782  
Bad debt expense, net of recoveries         53 139  
Share-based compensation         280 282  
Majority stockholders change in control agreement         (420) 0  
Changes in operating assets and liabilities:              
Accounts receivable         (9,438) (10,377)  
Prepaid expenses and other assets         (1,971) (867)  
Accounts payable         1,413 3,269  
Operating lease liabilities         (483) (782)  
Accrued expenses, other current liabilities and customer incentives and deposits         2,470 4,586  
Net cash (used in) provided by operating activities         (3,528) 1,009  
Investing activities              
Purchases of property and equipment and capitalized software         (794) (890)  
Partners' investment in subsidiary         4  
Net cash (used in) investing activities         (794) (886)  
Financing activities              
Borrowings under line of credit         21,885 35,298  
Repayments under line of credit         (14,446) (33,205)  
Payments from stock options exercised         0 (68)  
Net cash provided by financing activities         7,439 2,025  
Effect of foreign exchange rate changes on cash         (4,188) (1,419)  
Net change in cash and cash equivalents         (1,071) 729  
Cash, cash equivalents and restricted cash at beginning of period   $ 13,473   $ 15,972 13,473 15,972 $ 15,972
Cash, cash equivalents and restricted cash at end of period $ 12,402   $ 16,701   12,402 16,701 $ 13,473
Supplemental disclosure of cash flows information:              
Interest paid         406 327  
Income taxes paid         1,243 1,338  
Non-cash Majority Stockholders Agreement charges         $ 3,270 $ 0