v3.22.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (105) $ 153
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 53 79
Noncash lease expense 302 294
Deferred income taxes (9) 9
Changes in assets and liabilities:    
Inventories 350 123
Other current assets (332) 195
Other assets (3) 2
Accounts payable 64 176
Income taxes payable 53 67
Accrued commissions (1,129) (344)
Other accrued expenses (592) (245)
Deferred revenue (447) 1,093
Amounts held in eWallets (253) (727)
Operating lease liabilities (296) (322)
Other current liabilities (4) (139)
Net cash provided by (used in) operating activities (2,348) 414
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (40) (63)
Net cash used in investing activities (40) (63)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Dividends paid (2,285) (2,285)
Net cash used in financing activities (2,285) (2,285)
Effect of exchange rates on cash, cash equivalents and restricted cash (228) (222)
Net decrease in cash, cash equivalents and restricted cash (4,901) (2,156)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 84,365 92,892
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 79,464 90,736
SUPPLEMENTAL DISCLOSURES OF OTHER CASH FLOW INFORMATION:    
Right-of-use assets obtained in exchange for operating lease liabilities $ 0 $ 400

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