v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income $ 243 $ 2,089
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,385 3,345
Deferred income taxes (22) (30)
Stock-based compensation expense 4,005 3,899
Loss on disposal of property and equipment and intangibles 68 54
Changes in assets and liabilities, net of acquisition:    
Accounts receivable, net 11,851 1,238
Net investment in leases 83 644
Inventories 1,555 3,681
Income taxes (611) (922)
Prepaid expenses and other assets (4,735) (364)
Right of use operating lease assets (289) (2)
Accounts receivable, non-current   6,425
Accounts payable 2,319 (1,592)
Accrued payroll and related taxes (5,245) (4,699)
Accrued expenses and other liabilities 2,567 300
Net cash provided by operating activities 15,174 14,066
Cash flows from investing activities    
Purchases of property and equipment (748) (982)
Proceeds from sale of property and equipment   12
Intangible assets expenditures (56) (57)
Net cash used in investing activities (804) (1,027)
Cash flows from financing activities    
Payments on note payable (1,500) (1,500)
Proceeds from exercise of common stock options 10 2
Proceeds from the issuance of common stock from the employee stock purchase plan 843 1,044
Payments for repurchases of common stock (26,562)  
Net cash used in financing activities (27,209) (454)
Net (decrease) increase in cash (12,839) 12,585
Cash - beginning of period 94,367 61,033
Cash - end of period 81,528 73,618
Supplemental cash flow disclosure    
Cash paid for interest 828 1,099
Cash paid for taxes 892 2,177
Accrued excise tax on stock repurchases 210  
Capital expenditures incurred but not yet paid $ 58 $ 27