Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 78 $ 382
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 106 156
Noncash lease expense 599 594
Deferred income taxes 12 24
Changes in assets and liabilities:    
Inventories 7 53
Other current assets 1,002 (117)
Other assets 1 65
Accounts payable 2 446
Income taxes payable (1,390) (1,376)
Accrued commissions (531) (37)
Other accrued expenses (132) (66)
Deferred revenue (1,788) 2,629
Amounts held in eWallets (862) (1,186)
Operating lease liabilities (600) (629)
Other current liabilities (4) (390)
Net cash provided by (used in) operating activities (3,500) 548
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (78) (147)
Net cash used in investing activities (78) (147)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (4,570) (4,570)
Net cash used in financing activities (4,570) (4,570)
Effect of exchange rates on cash, cash equivalents and restricted cash (506) (86)
Net decrease in cash, cash equivalents and restricted cash (8,654) (4,255)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 84,365 92,892
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 75,711 88,637
SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 77 $ 400