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 loss $ (13,687,000) $ (6,289,000)
Less: loss from discontinued operations, net of taxes (Note 10) (50,000) (206,000)
Loss from continuing operations, net of taxes (13,637,000) (6,083,000)
Adjustments to reconcile loss from continuing operations to cash used in operating activities:    
Depreciation and amortization 974,000 873,000
Amortization of debt issuance costs 43,000 42,000
Provision for credit losses on accounts receivable (293,000) 46,000
Gain on disposal of property and equipment (6,000)
Issuance of common stock for services 238,000 235,000
Stock-based compensation 398,000 382,000
Changes in operating assets and liabilities of continuing operations    
Accounts receivable 1,481,000 2,974,000
Unbilled receivables (797,000) (1,297,000)
Prepaid expenses, inventories and other assets (250,000) 463,000
Accounts payable, accrued expenses, unearned revenue and other liabilities 3,074,000 (1,068,000)
Cash used in continuing operations (8,769,000) (3,439,000)
Cash used in discontinued operations (192,000) (222,000)
Cash used in operating activities (8,961,000) (3,661,000)
Cash flows from investing activities:    
Purchases of property and equipment (2,675,000) (1,766,000)
Additions to permits and other intangible assets (275,000) (74,000)
Proceeds from sale of property and equipment 33,000
Cash used in continuing operations (2,950,000) (1,807,000)
Cash used in discontinued operations (45,000) (16,000)
Cash used in investing activities (2,995,000) (1,823,000)
Cash flows from financing activities:    
Repayments of revolving credit borrowings (60,838,000) (37,708,000)
Borrowing on revolving credit 60,838,000 37,708,000
Proceeds from issuance of Common Stock upon exercise of options 153,000 49,000
Proceeds from sale of Common Stock Completed in May 2026, net of offering costs paid (Note 13) 21,295,000
Payment of offering costs from sale of Common Stock completed in December 2024 (194,000)
Principal repayments of finance lease liabilities (191,000) (148,000)
Principal repayments of long term debt (330,000) (313,000)
Payment of debt issuance costs (20,000)
Cash provided by (used in) financing activities of continuing operations 20,927,000 (626,000)
Effect of exchange rate changes on cash (1,000) 1,000
Increase (decrease) in cash and finite risk sinking fund (restricted cash) 8,970,000 (6,109,000)
Cash and finite risk sinking fund (restricted cash) at beginning of period 24,984,000 41,655,000
Cash and finite risk sinking fund (restricted cash) at end of period 33,954,000 35,546,000
Supplemental disclosure:    
Interest paid, net of capitalized amount of $74 and $0, respectively 132,000 229,000
Income taxes paid
Non-cash investing and financing activities:    
Property and equipment purchase subject to financing 395,000
Property and equipment purchase subject to finance leases 1,134,000 132,000
Property and equipment additions included in accounts payable $ 1,477,000 $ 441,000