v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income (loss) $ (10,592,000) $ (569,000)
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation 7,745,000 9,042,000
Deferred income taxes (398,000) 50,000
Amortization of deferred financing costs 72,000 72,000
Stock-based compensation 2,627,000 4,304,000
Income (loss) from equity method investment (27,000) (302,000)
Change in accrual for unrecognized tax benefits (332,000) 113,000
Impairment on investment 0 400,000
Impairment of goodwill 7,800,000 0
Changes in operating assets and liabilities:    
Accounts receivable 4,387,000 (45,000)
Prepaid expenses and other assets 868,000 581,000
Capitalized contract costs (25,000) (714,000)
Accounts payable and accrued expenses (2,413,000) (4,248,000)
Income taxes receivable/payable (1,726,000) (139,000)
Deferred revenue 1,402,000 2,297,000
Other, net (274,000) 308,000
Net cash flows from operating activities 9,114,000 11,150,000
Cash flows from (used in) investing activities:    
Purchases of fixed assets (4,185,000) (7,913,000)
Net cash flows used in investing activities (4,185,000) (7,913,000)
Cash flows from (used in) financing activities:    
Payments on long-term debt (8,000,000) (16,000,000)
Proceeds from long-term debt 6,000,000 13,000,000
Payments under stock repurchase plan (2,435,000) 0
Purchase of treasury stock related to vested restricted and performance stock units (1,495,000) (1,633,000)
Proceeds from Issuance of Common Stock 81,000 145,000
Net cash flows used in financing activities (5,849,000) (4,488,000)
Net change in cash for the period (920,000) (1,251,000)
Cash, beginning of period 3,702,000 4,206,000
Cash, end of period $ 2,782,000 $ 2,955,000