Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 7,066 $ 4,493
Investing activities:    
Purchases of property and equipment (1,944) (3,410)
Additions to intangible assets (10,233) (12,186)
Net cash used in investing activities (12,177) (15,596)
Financing activities:    
Repayment of debt (1,948) (3,990)
Purchases of treasury stock (431) 0
Private offering and merger financing refund 0 231
Principal payments under finance lease obligations (208) 0
Payment of employee tax withholdings through cancelled shares of stock (799) 0
Net cash used in financing activities (3,386) (3,759)
Effect of exchange rate changes on cash (31) (82)
Net decrease in cash and restricted cash (8,528) (14,944)
Cash and restricted cash, beginning of period 27,437 35,007
Cash and restricted cash, end of period 18,909 20,063
Non-cash investing and financing activities:    
Operating lease right-of-use assets obtained in exchange for new operating lease liabilities 485 1,629
Non-cash consideration (stock) issued for acquisition 0 14,700
Reconciliation of cash and restricted cash, end of period:    
Cash 18,607 19,767
Restricted cash 302 296
Total cash and restricted cash, end of period: $ 18,909 $ 20,063