XML 21 R6.htm IDEA: XBRL DOCUMENT v3.25.3
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 $ (4,218) $ (3,323)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Allowance for expected credit losses 8 8
Stock based compensation 86 174
Change in fair value of contingent consideration (836)
Fair value of restricted stock awards and restricted stock units issued in exchange for services 598 1,009
Loss on disposal of equipment 1
Goodwill and intangible asset impairment 3,850 2,261
Amortization and depreciation 853 905
Gain on partial lease termination (6)
Unrealized gain on foreign currency transactions (45)
Changes in operating assets and liabilities:    
Accounts receivable 1,513 1,806
Unbilled revenue 352 495
Inventory 22 19
Prepaid expenses and other current assets (219) 55
Accounts payable, other accrued expenses and net change in operating leases (2,291) (2,226)
Net cash provided by operating activities 549 302
CASH FLOWS FROM INVESTING ACTIVITIES    
Note Receivable (2,000)
Purchase of patents (12)
Purchase of office equipment (7) (7)
Capitalized software costs (559) (334)
Net cash used in investing activities (2,566) (353)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from Warrants Exercise 4,348
Proceeds from SPP Plan 21
Contingent consideration payments (36)
Tax withholding payments for employee stock-based compensation in exchange for shares surrendered (51) (47)
Increase in treasury shares (share repurchase program) (221) (1)
Repayment of debt and line of credit (875) (375)
Net cash provided by (used in) financing activities 3,201 (438)
Effect of exchange rate changes on cash 4
NET INCREASE(DECREASE) CASH AND CASH EQUIVALENTS 1,184 (485)
CASH AND CASH EQUIVALENTS INCLUDING RESTRICTED CASH - BEGINNING OF PERIOD 2,823 3,095
CASH AND CASH EQUIVALENTS - END OF PERIOD 4,007 2,610
Cash paid during the period for:    
Interest 70 160
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Lease modification 7
Conversion of convertible note to common stock and accrued interest 360
Change in fair value of interest rate, swap $ 12 $ 7