v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Cash received from interest income $ 358 $ 987
Cash received from other sources (245) (94)
Cash paid for inventory purchases and other costs of revenue (47,017) (48,863)
Cash paid for salaries and related expenses (10,310) (11,441)
Cash paid for other recurring operating expenses (6,919) (13,412)
Cash paid for other non-recurring expenses and merger costs (839) (3,418)
Cash paid for interest expense (64) (81)
Cash paid for income taxes (35) (156)
Net cash used in operating activities (6,130) (5,464)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (71) (189)
Proceeds from sale or disposal of property and equipment 234 94
Net cash provided by (used in) investing activities 163 (953)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of notes payable (120) (111)
Acquisition of issued common stock held in treasury (100) 0
Payments on finance lease liabilities (5) (24)
Proceeds from exercise of warrants 0 85
Capital contribution of non-controlling interest 0 122
Net cash (used in) provided by financing activities (225) 72
Net decrease in cash (6,251) (6,347)
Cash beginning of year 19,960 26,307
Cash end of year 13,709 19,960
Effect of exchange rate on cash (59) (2)
Reconciliation of net loss to cash flow used by operating activities    
Net loss (10,463) (22,526)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 535 768
Change in allowance for credit losses (101) (131)
Change in inventory reserve 21 379
Intangible asset amortization 102 1,709
Amortization of right-of-use assets - operating leases 396 325
Amortization of right-of-use assets - finance leases 5 20
Write-off of right-of-use asset 0 111
Impairment loss 0 13,653
Stock-based compensation 640 1,632
Loss (gain) on sale or disposal of property and equipment (213) 94
Change in operating assets and liabilities:    
Accounts receivable 383 4,745
Inventories 1,464 12
Unbilled revenue (55) (48)
Prepaid expense (59) 309
Other assets 0 256
Deposits 57 (55)
VAT receivable 19 (29)
Accounts payable and accrued expenses 1,173 (6,035)
Operating lease liabilities (522) (427)
Income taxes payable (42) (85)
Contract liabilities 104 47
Net cash used in operating activities (6,130) (5,464)
Outfitter Satellite, Inc. [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash acquired in acquisition of Outfitter Satellite subsidiary 0 236
Cash paid in acquisition of Outfitter Satellite subsidiary 0 (1,094)
E-Commerce [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Cash received from revenue 18,813 13,544
Healthcare Operations [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Cash received from revenue $ 39,638 $ 57,282

Source

10-K XBRL Zip