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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (50,340) $ (4,694)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 451 404
Amortization of intangible assets 1,204 1,377
Goodwill impairment - Note 4 47,951 0
Amortization of deferred financing costs 131 70
Stock-based compensation 600 1,048
Deferred income taxes and other (523) 178
Loss on equity securities - Note 6 0 1,312
Accounts receivable 1,438 704
Inventories 670 (617)
Other assets 29 (298)
Accounts payable and other liabilities 1,472 2,039
Contract liabilities (97) (120)
Net cash provided by operating activities 2,986 1,403
Cash flows from investing activities:    
Additions to property, plant and equipment (513) (645)
Capitalized software development costs (170) (75)
Proceeds from sale of marketable equity securities 0 495
Net cash used in investing activities (683) (225)
Cash flows from financing activities:    
Borrowing from revolving line of credit 0 2,500
Repayment of revolving line of credit 0 (500)
Repayment of term debt (1,000) (3,023)
Payment of debt issuance costs (129) 0
Proceeds from exercise of stock options and employee stock purchase plan 0 15
Taxes paid related to net share settlement of equity awards (75) (47)
Net cash used in financing activities (1,204) (1,055)
Effect of exchange rate changes on cash 339 (151)
Increase (decrease) in cash and cash equivalents 1,438 (28)
Cash and cash equivalents at beginning of period 4,108 4,283
Cash and cash equivalents at end of period 5,546 4,255
Supplemental disclosures of cash flow information:    
Cash paid for interest 799 768
Cash paid for income taxes, net of refunds $ 2 $ 26