v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net (loss) income $ (144) $ 461
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 843 811
Amortization of operating lease right-of-use assets 348 174
Amortization of discount on notes payable 109 0
Bad debt expense, net of recoveries 95 0
Deferred income tax expense 140 204
Share-based compensation expense 0 54
Changes in operating assets and liabilities:    
Accounts receivable, net (8,515) (19,012)
Prepaid expenses and other current assets 495 754
Accounts payable (4,298) 1,859
Operating lease liabilities (189) (272)
Accrued expenses, other current liabilities, due to affiliates and customer incentives and deposits 2,414 3,067
Net cash used in operating activities (8,702) (11,900)
Cash flows from investing activities:    
Purchases of property and equipment and capitalized software (1,035) (959)
Net cash used in investing activities (1,035) (959)
Cash flows from financing activities:    
Borrowings under line of credit 69,124 69,136
Repayments under line of credit (62,737) (60,589)
Proceeds from the sale of treasury shares 50 0
Proceeds from long term debt 3,000 0
Net cash provided by financing activities 9,437 8,547
Effect of foreign exchange rate changes on cash and cash equivalents (15) 20
Net change in cash and cash equivalents (315) (4,292)
Cash and cash equivalents at beginning of period 3,262 18,221
Cash and cash equivalents at end of period 2,947 13,929
Supplemental disclosure of cash flows information:    
Cash paid for interest 1,221 982
Cash paid for income taxes $ 10 $ 0