v3.23.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 38 $ 78
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 91 106
Share-based compensation 85 0
Noncash lease expense 564 599
Deferred income taxes (82) 12
Changes in assets and liabilities:    
Inventories (228) 7
Other current assets (362) 1,002
Other assets (52) 1
Accounts payable (82) 2
Income taxes payable (3,076) (1,390)
Accrued commissions (374) (531)
Other accrued expenses 68 (132)
Deferred revenue 1,270 (1,788)
Amounts held in eWallets (541) (862)
Operating lease liabilities (595) (600)
Other current liabilities (64) (4)
Net cash used in operating activities (3,340) (3,500)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (14) (78)
Net cash used in investing activities (14) (78)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (4,608) (4,570)
Net cash used in financing activities (4,608) (4,570)
Effect of exchange rates on cash, cash equivalents and restricted cash (179) (506)
Net decrease in cash, cash equivalents and restricted cash (8,141) (8,654)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 69,746 84,365
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 61,605 75,711
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Right-of-use assets obtained in exchange for operating lease liabilities $ (125) $ 77

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