v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income/(loss) $ 5,071 $ 1,677
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:    
Depreciation and amortization 3,295 3,331
Share-based compensation 2,932 3,002
Non-cash operating lease amortization 4 (18)
Allowance for credit losses (73) 127
Changes in assets and liabilities:    
Trade receivables (539) (906)
Contract assets (14) (106)
Equipment financing receivables (1,124) (877)
Inventories (61) (11)
Contract costs (827) (1,192)
Prepaid expenses (16) (368)
Income tax receivable (159) (75)
Other assets (512) (346)
Accounts payable and accrued expenses 1,045 1,275
Income tax payable 111 (13)
Contract liabilities 164 784
Net cash provided by/(used in) operating activities 9,297 6,284
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (18) (27)
Net cash provided by/(used in) investing activities (18) (27)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayments made on finance leases (21) (75)
Repayments made on notes payable (478) (457)
Proceeds from exercise of options 4,870 2,370
Taxes paid on the net settlement of stock options and RSUs (489) (243)
Net cash provided by/(used for) financing activities 3,882 1,595
Effect of exchange rate changes on cash 24 (6)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 13,185 7,846
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 18,193 10,347
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 31,378 18,193
Cash used during the year for:    
Income taxes, net (361) (300)
Interest expense (17) (32)
Supplemental disclosure of non-cash investing and financing information:    
Capitalized software development costs $ 410 $ 0