General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.21.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities    
Net income (loss) $ (15,036) $ 2,716
Adjustments to reconcile net income to net cash used in operating activities    
Cash receipts from operations 13,794 8,014
Losses (earnings) from equity method investments 1,194 (1,305)
Stock-based compensation 548 1,259
Depreciation and amortization 1,014 537
Provision for broker warrant fair value   14
Provision for stock option fair value (50) 8
Gain on Paycheck Protection Program loan (1,211)  
Gain on extinguishment of acquisition debt (188)  
Accretion expense 782 74
Settlement of payables 40  
Tax impact of equity component of convertible debt issuance (388)  
Deferred income taxes, net (1,561) 684
Change in operating assets and liabilities    
Accounts receivable, net 2,104 (14,879)
Prepaid expenses (116)  
Right of use assets (301)  
Accounts payable and accrued liabilities (1,494) 509
Due from related parties (2,573) (1,903)
Lease liability 843  
Income taxes   (55)
Other assets and liabilities 66 99
Net cash used in operating activities (2,533) (4,228)
Cash flows from investing activities    
Purchase of equipment and furniture (319) (48)
Acquisition debt (7,736) (466)
Distributions received from equity method investments 558 979
Net cash provided by (used in) investing activities (7,497) 465
Cash flows from financing activities    
Proceeds from exercise of stock options and warrants 19 16
Proceeds from common share issuance, net 9,611  
Proceeds from promissory note   2,000
Repayment of promissory note   (582)
Proceeds from line of credit 2,122 1,000
Repayment of line of credit (1,000) (274)
Proceeds from term loan 1,978  
Repayment of term loan (1,418)  
Proceeds from Paycheck Protection Program 1,211  
Proceeds from convertible debenture 2,485 965
Principal payments of finance leases (651) (372)
Proceeds from sale leaseback   238
Net cash provided by financing activities 14,357 2,991
Increase (decrease) in cash 4,327 (772)
Cash at beginning of period 59 831
Cash at end of period 4,386 59
Supplemental cash flow information    
Interest paid 498 119
Income taxes paid $ 55 156
Supplemental non-cash flow information    
Reclassification warrant fair value at exercise to equity   70
Related party receivable settled for common shares   (2,191)
Littleton Professional Reading    
Supplemental non-cash flow information    
Liability for acquisition   234
Neuro-Pro Monitoring    
Supplemental non-cash flow information    
Liability for acquisition   $ 7,700