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
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 125 $ 853
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 156 237
Noncash lease expense 889 895
Deferred income taxes (2) 66
Changes in assets and liabilities:    
Inventories 140 (675)
Other current assets 1,000 (823)
Other assets (44) 65
Accounts payable 228 300
Income taxes payable (1,382) (1,253)
Accrued commissions (1,055) 29
Other accrued expenses (540) (157)
Deferred revenue (3,209) 2,973
Amounts held in eWallets (1,150) (1,716)
Operating lease liabilities (950) (935)
Other current liabilities 4 (416)
Net cash used in operating activities (5,790) (557)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (130) (165)
Net cash used in investing activities (130) (165)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (6,855) (6,855)
Net cash used in financing activities (6,855) (6,855)
Effect of exchange rates on cash, cash equivalents and restricted cash (858) (151)
Net decrease in cash, cash equivalents and restricted cash (13,633) (7,728)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 84,365 92,892
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 70,732 85,164
SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 2,218 $ 516