v3.25.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net loss $ (594) $ (740)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 23 18
Accrued interest (452) (284)
Changes in operating assets and liabilities:    
Trade receivables (1,786) 3,344
Retention credit receivable 1,209
Prepaid expenses and other current assets 106 (13)
Accounts payable 186 (149)
Accrued payroll (69) (344)
Accrued expenses (3) (49)
Deferred revenue 2 30
Income taxes payable (6)
Net cash (used in) provided by operating activities (2,587) 3,016
Cash flows from investing activities:    
Purchase of fixed assets (68) (9)
Net cash used in investing activities (68) (9)
Cash flows from financing activities:    
Proceeds from the factoring facility 9,132 3,768
Repayments to the factoring facility (6,930) (6,214)
Proceeds from note payable 51
Repayment of note payable (4)
Advances to related parties 34
Repayment of notes receivable from related parties 106
Net cash provided by (used in) financing activities 2,355 (2,412)
Net (decrease) increase in cash and cash equivalents (300) 595
Cash and cash equivalents, beginning of year 822 227
Cash and cash equivalents, end of year 522 822
Cash paid during the year for:    
Interest 108 92
Income taxes (received) paid $ 20