v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
OPERATING ACTIVITIES:              
Net income $ 1,122,000 $ 922,000 $ 2,902,000 $ 1,948,000 $ 2,044,000 $ 4,850,000  
Adjustments to reconcile net income to net cash provided by operating activities:              
Depreciation and amortization         7,858,000 6,855,000  
Lease amortization         896,000 901,000  
Provision for expected credit losses         118,000 169,000 $ 286,000
Provision for deferred income taxes 50,000       50,000  
Foreign exchange loss         15,000 1,000  
Interest accretion         208,000 219,000  
Change in contingent consideration (34,000)     23,000  
Stock-based compensation expense 64,000   111,000   128,000 219,000  
Changes in operating assets and liabilities:              
Accounts receivable         827,000 (958,000)  
Contract asset         238,000 411,000  
Inventory         36,000 51,000  
Other assets         73,000 (838,000)  
Accounts payable and other liabilities         (2,146,000) 377,000  
Deferred revenue         316,000 264,000  
Net cash provided by operating activities         10,684,000 12,521,000  
INVESTING ACTIVITIES:              
Purchases of property and equipment         (937,000) (1,786,000)  
Capitalized software and other intangible assets         (1,620,000) (1,677,000)  
Payment for acquisitions         (681,000) (40,000)  
Net cash used in investing activities         (3,238,000) (3,503,000)  
FINANCING ACTIVITIES:              
Preferred stock dividends paid         (6,436,000) (3,317,000)  
Payment of contingent consideration         (618,000)  
Payment of tax withholding on stock issued to employees         (1,000) (22,000)  
Proceeds from term loan         39,739,000  
Repayments of notes payable and term loan         (1,191,000) (355,000)  
Redemption of Series B Preferred Stock         (38,169,000)  
Proceeds from line of credit         9,000,000  
Net cash provided by (used in) financing activities         2,324,000 (3,694,000)  
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND RESTRICTED CASH         8,000 (29,000)  
NET INCREASE IN CASH AND RESTRICTED CASH         9,778,000 5,295,000  
CASH AND RESTRICTED CASH - Beginning of the period   $ 3,617,000   $ 5,145,000 3,617,000 5,145,000 5,145,000
CASH - End of the period $ 13,395,000   $ 10,440,000   13,395,000 10,440,000 $ 3,617,000
SUPPLEMENTAL NONCASH INVESTING AND FINANCING ACTIVITIES:              
Conversion of Series A Preferred Stock and accrued dividends to common stock         2,435,000  
Dividends declared, not paid         392,000 714,000  
SUPPLEMENTAL INFORMATION - Cash paid during the period for:              
Income taxes         158,000 144,000  
Interest         $ 517,000 $ 44,000