XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities:    
Net loss $ (1,631,000) $ (2,768,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 32,000 267,000
Impairment loss - services 0 159,000
Gain on sale of property and equipment (7,000) 0
Changes in allowance for doubtful accounts 53,000 61,000
Stock-based compensation expense 142,000 108,000
Gain on forgiveness of debt and accrued interest (1,062,000) 0
Changes in operating assets and liabilities:    
Accounts receivable 967,000 2,077,000
Inventories (6,000) 10,000
Income tax receivable (1,000) (121,000)
Prepaid expenses and other 536,000 (109,000)
Accounts payable (647,000) (851,000)
Accrued liabilities 361,000 168,000
Income tax payable 17,000 17,000
Deferred revenue 95,000 430,000
Net cash used in operating activities (1,151,000) (552,000)
Investing Activities:    
Purchases of property and equipment (32,000) (44,000)
Proceeds from sale of property and equipment 16,000 0
Net cash used in investing activities (16,000) (44,000)
Financing Activities:    
Proceeds from issuance of common stock, net 26,000 20,000
Cash dividends paid ($0.70 per share) (14,000) (14,000)
Repuchase of common stock upon vesting of restricted stock awards and vesting of restricted stock units (9,000) 0
Proceeds from PPP loan 0 1,054,000
Net cash provided by financing activities 3,000 1,060,000
Increase (decrease) in cash and cash equivalents (1,164,000) 464,000
Cash and cash equivalents and restricted cash at beginning of period 7,128,000 7,510,000
Cash and cash equivalents and restricted cash at end of period 5,964,000 7,974,000
Supplemental disclosures for cash flow information:    
Cash paid (refunded) during the period for income taxes 7,000 (107,000)
Non-cash financing activity:    
Operating lease right-of-use asset obtained in exchange for lease obligation 33,000 0
Forgiveness of debt and accrued interest 1,062,000 0
Purchase of property and equipment included in accounts payable $ 15,000 $ 0