v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities    
Net income (loss) $ 1,989 $ 1,589
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 72 80
Stock-based compensation 546 251
(Gain) loss on real estate ventures (72) (9)
Gain (loss) on equity investments (435) 0
Deferred income taxes 199 323
Accrued interest income (40) (65)
(Gain) loss on deferred compensation plan (8) 5
Changes in operating assets and liabilities:    
Accounts receivable (2,985) 1,690
Prepaid expenses and other current assets (193) (167)
Accrued personnel costs (5,373) (3,717)
Accounts payable and accrued liabilities 264 310
Deferred compensation plan liabilities 270 254
Other assets and liabilities (11) (1)
Net cash provided by (used in) operating activities (5,777) 543
Investing Activities    
Capitalized expenses for real estate ventures (3,374) (7)
Distributions from real estate ventures 0 1
Equity investments (1,500) 0
Purchase of deferred compensation plan securities (365) (346)
Proceeds from sales of deferred compensation plan securities 57 0
Purchase of fixed assets 1 163
Net cash provided by (used in) investing activities (5,183) (515)
Financing Activities    
Proceeds from issuance of common stock related to equity awards 99 86
Payment of taxes related to the net share settlement of equity awards (790) (578)
Net cash provided by (used in) financing activities (691) (492)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Excluding Exchange Rate Effect, Including Discontinued Operation, Total (11,651) (464)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Beginning Balance 31,282 28,761
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Ending Balance 19,631 28,297
Supplemental Cash Flow Information    
Income taxes 156 188
Income Taxes Paid, Net $ 0 $ 0