v3.25.0.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net (loss) income $ (19,979,000) $ 485,000
Less: loss on discontinued operations (Note 8) (410,000) (433,000)
(Loss) income from continuing operations (19,569,000) 918,000
Adjustments to reconcile net (loss) income from continuing operations to cash (used in) provided by operating activities:    
Depreciation and amortization 1,763,000 2,568,000
Amortization of debt issuance costs 65,000 93,000
Deferred tax expense (benefit) 4,448,000 (66,000)
Provision for credit losses on accounts receivable 219,000 45,000
Loss on disposal of property and equipment 21,000 77,000
Issuance of common stock for services 480,000 477,000
Stock-based compensation 656,000 548,000
Changes in operating assets and liabilities of continuing operations:    
Accounts receivable (2,076,000) (403,000)
Unbilled receivables 3,442,000 (2,370,000)
Prepaid expenses, inventories and other assets 3,072,000 4,517,000
Accounts payable, accrued expenses and unearned revenue (6,667,000) 665,000
Cash (used in) provided by continuing operations (14,146,000) 7,069,000
Cash used in discontinued operations (597,000) (597,000)
Cash (used in) provided by operating activities (14,743,000) 6,472,000
Cash flows from investing activities:    
Purchases of property and equipment (net of financed amount) (3,405,000) (1,714,000)
Addition to permits and other intangible assets (675,000) (324,000)
Proceeds from sale of property and equipment 1,000
Cash used in investing activities of continuing operations (4,079,000) (2,038,000)
Cash used in discontined operations (51,000)
Cash used in investing activities (4,130,000) (2,038,000)
Cash flows from financing activities:    
Borrowing on revolving credit 98,655,000 90,256,000
Repayments of revolving credit borrowings (98,655,000) (90,256,000)
Proceeds from long term debt (Term Loan 2) 2,500,000
Proceeds from sale of Common Stock, net of offering costs paid (Note 17) 41,859,000
Principal repayment of finance lease liabilities (291,000) (189,000)
Principal repayments of long term debt (832,000) (709,000)
Payment of debt issuance costs (73,000) (175,000)
Proceeds from issuance of Common Stock upon exercise of options/warrant 292,000 269,000
Cash provided by financing activities of continuing operations 40,955,000 1,696,000
Effect of exchange rate changes on cash (1,000) 8,000
Increase in cash and finite risk sinking fund (restricted cash) (Note 2) 22,081,000 6,138,000
Cash and finite risk sinking fund (restricted cash) at beginning of period (Note 2) 19,574,000 13,436,000
Cash and finite risk sinking fund (restricted cash) at end of period (Note 2) 41,655,000 19,574,000
Supplemental disclosure:    
Interest paid 478,000 308,000
Income taxes paid 53,000
Non-cash investing and financing activities:    
Equipment purchase subject to financing $ 406,000 $ 784,000

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