v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ (61,000) $ 5,681,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,290,000 3,284,000
Deferred income tax expense (benefit) (36,000) (32,000)
Reserve for uncertain tax positions (4,000) 149,000
Non-cash share-based compensation expense 8,979,000 478,000
Change in fair value of contingent consideration 0 82,000
Loss on extinguishment of debt 0 67,000
Amortization of debt issuance costs 54,000 47,000
Net changes in assets and liabilities:    
Trade accounts receivable 1,784,000 (1,362,000)
Prepaid expenses and other current and long-term assets (1,297,000) (2,814,000)
Deferred contract costs, net (433,000) (11,000)
Operating lease assets and liabilities, net (31,000) (53,000)
Accounts payable 223,000 157,000
Accrued expenses, wages and bonuses (1,009,000) 668,000
Income taxes receivable and payable (4,347,000) (651,000)
Deferred revenue 454,000 (183,000)
Net cash provided by operating activities 8,566,000 5,507,000
Cash flows from investing activities:    
Capital expenditures 3,158,000 5,996,000
Net cash used in investing activities (3,158,000) (5,996,000)
Cash flows from financing activities:    
Payments on notes payable 0 47,681,000
Borrowings on notes payable (2,061,000) (29,446,000)
Borrowings on revolving loan 22,000,000 28,000,000
Payments on revolving loan (9,000,000) (28,003,000)
Payment of debt issuance costs 0 (135,000)
Payments on finance lease obligations (5,000) (5,000)
Proceeds from the exercise of share-based awards 139,000 132,000
Payment of acquisition contingent consideration (484,000) (280,000)
Repurchase of shares for treasury (9,578,000) (10,910,000)
Payment of dividends on common stock (7,231,000) (5,504,000)
Net cash used in financing activities (6,220,000) 1,530,000
Change in cash and cash equivalents (812,000) 1,041,000
Cash and cash equivalents at beginning of period 4,139,000 4,233,000
Cash and cash equivalents at end of period 3,327,000 5,274,000
Supplemental disclosure of cash paid for:    
Interest expense, net of capitalized amounts 2,514,000 1,740,000
Income taxes   3,156,000
Income taxes (federal) 3,760,000  
Income taxes (state and local) 539,000  
Supplemental disclosure of non-cash investing and financing activities:    
Purchase of property and equipment in accounts payable and accrued expenses 378,000 2,607,000
Repurchase of shares for treasury in accounts payable and accrued expenses 0 138,000
New debt issued to existing lender 0 34,396,000
Debt extinguished using proceeds from new debt 0 62,076,000
Noncash borrowings on long-term debt for accrued interest and debt issuance costs $ 0 $ 351,000