v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net loss $ (9,420) $ (9,180) $ (2,718)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation of property and equipment 5,992 6,211 6,718
Amortization of intangible assets 3,856 3,857 3,920
Impairment of property and equipment 435 605 114
Stock-based compensation 11,445 12,128 9,982
Change in fair value of contingent consideration   (554) (5,686)
Deferred taxes (2) 135 541
Loss on disposal of property and equipment   24  
Allowance for credit losses 599 176 99
Changes in operating assets and liabilities:      
Accounts receivable and contract assets (3,727) 5,060 619
Prepaid expenses and other assets 1,624 (932) (1,357)
Accounts payable (318) 792 1,094
Accrued expenses and other liabilities (830) 1,740 (149)
Deferred revenue (354) 2,158 (2,226)
Net cash provided by operating activities 9,300 22,220 10,951
Cash flows from investing activities:      
Purchase of property and equipment (4,447) (6,327) (5,053)
Investment in intangible and other assets (8) (105) (437)
Business acquisition, net of cash acquired     (10,995)
Net cash used in investing activities (4,455) (6,432) (16,485)
Cash flows from financing activities:      
Payment of contingent consideration liability     (1,500)
Proceeds from (Payment on) line of credit   (3,000) 7,000
Proceeds from exercise of stock options 31 59 150
Repurchases of common stock (2,974) (6,000) (5,595)
Proceeds from employee stock purchase plan 592 694 740
Net cash provided by (used in) financing activities (2,351) (8,247) 795
Change in cash, cash equivalents 2,494 7,541 (4,739)
Effect of exchange rate on cash and cash equivalents 120 (61) (37)
Cash, cash equivalents at beginning of year 13,183 5,703 10,479
Cash, cash equivalents at end of year 15,797 13,183 5,703
Supplemental cash flow disclosures:      
Cash paid for interest 281 394 151
Cash paid for tax 270 737 896
Right-of-use assets obtained in exchange for lease liabilities 495    
Non-cash investing and financing activities:      
Property and equipment purchases included in accounts payable $ 752 $ 88 477
Estimated fair value of contingent consideration for business combination at closing     2,994
Fair value of common stock issued as consideration for acquisitions     $ 11,291

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