v3.25.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended 24 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:      
Cash received from interest income $ 987,000 $ 620,000  
Cash received from other sources 94,000 317,000  
Cash paid for inventory purchases and other costs of revenue (48,863,000) (5,219,000)  
Cash paid for salaries and related expenses (11,441,000) (6,643,000)  
Cash paid for other recurring operating expenses (13,412,000) (19,638,000)  
Cash paid for interest expense (81,000) (79,000)  
Cash paid for income taxes (156,000) (28,000)  
Cash paid for merger costs and other non-recurring expenses (3,418,000) 0  
Net cash used in operating activities (5,464,000) (3,596,000)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (189,000) (647,000)  
Capital contributions to equity method investee 0 (1,506,000)  
Proceeds from sale or disposal of property and equipment 94,000 0  
Net cash (used in) provided by investing activities (953,000) 5,199,000  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of note payable, related party, net 0 (10,000)  
Issuance of common stock for PIPE transaction 0 6,000,000  
Proceeds from exercise of warrants 85,000 184,000  
Capital contribution of non-controlling interest 122,000 0  
Payments on finance lease liabilities (24,000) (15,000)  
Repayments of notes payable (111,000) (299,000)  
Net cash provided by financing activities 72,000 5,860,000  
Effect of exchange rate on cash (2,000) (47,000)  
Net (decrease) increase in cash (6,347,000) 7,416,000  
Cash beginning of year 26,307,000 18,891,000 $ 18,891,000
Cash end of year 19,960,000 26,307,000 $ 19,960,000
Reconciliation of net loss to cash flow used by operating activities      
Net loss (23,125,000) (12,407,000)  
Accounts receivable 5,344,000 (3,449,000)  
Inventories 12,000 (2,217,000)  
Unbilled revenue (48,000) (47,000)  
Prepaid expense 309,000 22,000  
Notes receivable 0 (256,000)  
Other assets 256,000 0  
Deposits (55,000) 0  
VAT receivable (29,000) 91,000  
Accounts payable and accrued expenses (6,035,000) 3,231,000  
Operating lease liabilities (427,000) (464,000)  
Income taxes payable (85,000) 45,000  
Contract liabilities 47,000 6,000  
Liabilities from discontinued operations 0 (112,000)  
Net cash used in operating activities (5,464,000) (3,596,000)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation expense 768,000 758,000  
Change in allowance for credit losses (131,000) 47,000  
Change in inventory reserve 379,000 0  
Amortization of intangible assets 1,709,000 1,337,000  
Amortization of right-of-use assets - operating leases 325,000 417,000  
Amortization of right-of-use assets - finance leases 20,000 15,000  
Write-off of right-of-use asset 111,000 28,000  
Gain on remeasurement of fair value of equity interest in affiliate prior to acquisition 0 (11,352,000)  
Impairment loss 13,653,000 13,895,000  
Equity in net loss of affiliate 0 1,440,000  
Stock-based compensation 1,632,000 5,376,000  
Gain on sale or disposal of property and equipment (94,000) 0  
Progressive Care [Member]      
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash acquired in acquisition 0 7,352,000  
Outfitter Satellite, Inc. [Member]      
CASH FLOWS FROM INVESTING ACTIVITIES:      
Cash acquired in acquisition 236,000 0  
Cash paid in acquisition of Outfitter Satellite subsidiary (1,094,000) 0  
E-Commerce [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Cash received from revenue 13,544,000 10,736,000  
Healthcare Operations [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Cash received from revenue 57,282,000 $ 16,338,000  
Adjustments to reconcile net loss to net cash used in operating activities:      
Impairment loss $ 700,000    

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