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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net income [1] $ 3,768 $ 1,227
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,199 1,201
Operating lease asset amortization 3,427 3,230
Loss on disposal of assets 0 9
Stock-based compensation 770 1,060
Deferred income taxes (902) (10)
Changes in operating assets and liabilities:    
Accounts receivable-trade 107 244
Inventory 231 (328)
Prepaid expenses (202) 210
Other current assets (12) 34
Accounts payable-trade (752) (1,739)
Accrued expenses and other liabilities 462 (1,527)
Income taxes, net 84 905
Other assets (45) 0
Operating lease liabilities (3,598) (3,362)
Total adjustments 769 (73)
Net cash provided by operating activities 4,537 1,154
Cash flows from investing activities:    
Purchase of property and equipment (576) (635)
Proceeds from sales of assets 0 10
Net cash used in investing activities (576) (625)
Cash flows from financing activities:    
Payments on long-term debt 0 (359)
Payment of finance lease obligations (15) (14)
Repurchase of common stock (11) (1,798)
Net cash used in financing activities (26) (2,171)
Effect of exchange rate changes on cash and cash equivalents 249 (538)
Net increase (decrease) in cash and cash equivalents 4,184 (2,180)
Cash and cash equivalents, beginning of period 7,975 10,155
Cash and cash equivalents, end of period 12,159 7,975
Supplemental disclosures of cash flow information:    
Interest paid during the period 0 15
Income tax paid (refunded) during the period, net 984 (430)
Supplemental disclosures of non-cash activity:    
Operating lease assets obtained in exchange for lease liabilities, net $ 3,396 $ 3,884
[1] For the years ended December 31, 2023 and 2022, there were 65,075 and 90,748 shares, respectively, excluded from the diluted EPS calculation because the impact of their assumed vesting would be anti-dilutive.