Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net loss	$ (8,124,000)	$ (16,490,000)
Less: Loss from discontinued operations, net of taxes (Note 10)	(280,000)	(441,000)
Loss from continuing operations, net of taxes	(7,844,000)	(16,049,000)
Adjustments to reconcile loss from continuing operations to cash used in operating activities:
Depreciation and amortization	1,299,000	1,295,000
Amortization of debt issuance costs	63,000	47,000
Deferred tax expense		4,300,000
Provision for (recovery of) credit losses on accounts receivable	57,000	(9,000)
(Gain) loss on disposal of property and equipment	(2,000)	1,000
Issuance of Common Stock for services	356,000	361,000
Stock-based compensation	597,000	466,000
Changes in operating assets and liabilities of continuing operations
Accounts receivable	(365,000)	990,000
Unbilled receivables	(3,406,000)	1,155,000
Prepaid expenses, inventories and other assets	1,678,000	2,277,000
Accounts payable, accrued expenses and deferred revenue	(745,000)	(5,805,000)
Cash used in continuing operations	(8,312,000)	(10,971,000)
Cash used in discontinued operations	(317,000)	(468,000)
Cash used in operating activities	(8,629,000)	(11,439,000)
Cash flows from investing activities:
Purchases of property and equipment	(2,608,000)	(2,224,000)
Addition to permits and other intangible assets	(103,000)	(577,000)
Proceeds from sale of property and equipment	28,000	1,000
Cash used in continuing operations	(2,683,000)	(2,800,000)
Cash used in discontinued operations	(36,000)	(49,000)
Cash used in investing activities	(2,719,000)	(2,849,000)
Cash flows from financing activities:
Repayments of revolving credit borrowings	(57,209,000)	(78,313,000)
Borrowing on revolving credit	57,209,000	78,313,000
Proceeds from sale of Common Stock completed in May 2024, net of offering costs paid		18,495,000
Payment of offering costs from sale of Common Stock completed in December 2024	(194,000)
Principal repayments of finance lease liabilities	(228,000)	(218,000)
Principal repayments of long term debt	(470,000)	(675,000)
Payment of debt issuance costs	(19,000)	(61,000)
Proceeds from issuance of Common Stock upon exercise of options/warrant	79,000	264,000
Cash (used in) provided by financing activities of continuing operations	(832,000)	17,805,000
Effect of exchange rate changes on cash	21,000	1,000
(Decrease) increase in cash and finite risk sinking fund (restricted cash)	(12,159,000)	3,518,000
Cash and finite risk sinking fund (restricted cash) at beginning of period	41,655,000	19,574,000
Cash and finite risk sinking fund (restricted cash) at end of period	29,496,000	23,092,000
Supplemental disclosure:
Interest paid	355,000	349,000
Income taxes paid		50,000
Non-cash financing activities:
Equipment/property purchase subject to finance		406,000
Equipment purchase subject to finance leases	$ 162,000