Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Cash received from interest income $ 207 $ 403
Cash received from other sources (211) (1)
Cash paid for inventory purchases and other costs of revenue (23,302) (27,440)
Cash paid for salaries and related expenses (5,530) (5,897)
Cash paid for other recurring operating expenses (4,178) (3,955)
Cash paid for other non-recurring expenses (316) (119)
Cash paid for interest expense (33) (41)
Cash paid for income taxes 0 (93)
Net cash used in operating activities (3,100) (379)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (34) (124)
Proceeds from sale or disposal of property and equipment 132 1
Net cash provided by (used in) investing activities 98 (981)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayments of notes payable (256) (228)
Payments on finance lease liabilities (5) (13)
Proceeds from exercise of warrants 0 85
Capital contribution of non-controlling interest 0 122
Net cash used in financing activities (261) (34)
Effect of exchange rate on cash (62) (36)
Net decrease in cash (3,325) (1,430)
Cash beginning of period 19,960 26,307
Cash end of period 16,635 24,877
Reconciliation of net loss to cash flow used by operating activities    
Net loss (3,132) (12,443)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 315 399
Change in provision for doubtful accounts (109) (54)
Change in inventory reserve 20 0
Intangible asset amortization 51 1,398
Amortization of operating right-of-use assets 187 244
Amortization of finance right-of-use assets 5 13
Write-off of right-of-use asset 0 111
Impairment loss 0 9,924
Stock-based compensation 11 1,158
Loss on sale or disposal of property and equipment (163) 1
Change in operating assets and liabilities:    
Accounts receivable 1,729 (513)
Inventories (354) 571
Unbilled revenue (76) (17)
Prepaid expense 90 374
Deposits 7 0
Notes receivable 0 16
VAT receivable 0 9
Accounts payable and accrued expenses (2,077) (1,349)
Operating lease liabilities (190) (273)
Income taxes payable 46 (46)
Contract liabilities 214 100
Net cash used in operating activities (3,100) (379)
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 9,132 8,039
Healthcare Operations [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Cash received from revenue $ 20,709 $ 28,723