7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 
      
    		     
      cash flows from operating activities:
    		     
      consolidated net income
    		10,303,000 17,391,000 -9,000 990,000 1,656,000 
      adjustments to reconcile consolidated net income to net cash from operating activities:
    		     
      depreciation and amortization
    		1,577,000 1,535,000 1,418,000 1,266,000 1,237,000 
      stock-based compensation
    		1,117,000 855,000 992,000 1,034,000 1,029,000 
      deferred income taxes
    		544,000 -6,194,000 95,000 -54,000 -156,000 
      benefit from credit losses
    		     
      pension cost
    		289,000 553,000 86,000 309,000 255,000 
      changes in operating assets and liabilities:
    		     
      accounts receivable
    		-5,854,000 -4,858,000 -4,113,000 137,000 -3,918,000 
      prepaid expenses and other current assets
    		-1,011,000 -1,468,000 160,000 86,000 -77,000 
      other assets
    		504,000 277,000 -30,000 426,000 72,000 
      accounts payable and accrued expenses
    		1,537,000 -1,456,000 3,655,000 -307,000  
      deferred revenues
    		1,510,000 1,730,000 -1,898,000 3,145,000  
      accrued salaries, wages and related benefits
    		4,241,000 2,971,000 -659,000 -490,000 634,000 
      income and other taxes
    		1,770,000 35,000 -151,000 225,000 416,000 
      net cash from operating activities
    		17,331,000 11,371,000 -454,000 6,767,000 114,000 
      cash flows from investing activities:
    		     
      capital expenditures
    		-2,219,000 -1,455,000 -2,728,000 -1,339,000 -1,244,000 
      free cash flows
    		15,112,000 9,916,000 -3,182,000 5,428,000 -1,130,000 
      proceeds from short term investments - others
    		     
      net cash from investing activities
    		-2,219,000 -1,455,000 -2,728,000 -1,339,000 -1,245,000 
      cash flows from financing activities:
    		     
      proceeds from exercise of stock options
    		5,858,000 27,000    
      withholding taxes on net settlement of restricted stock units
    		0 0    
      payment of long-term obligations
    		3,000 -222,000 -3,000 -291,000 -123,000 
      net cash from financing activities
    		5,861,000 -195,000 683,000 -291,000 43,000 
      effect of exchange rate changes on cash and cash equivalents
    		-454,000 134,000 33,000 32,000 82,000 
      net increase in cash and cash equivalents
    		20,519,000 9,855,000 -2,466,000 5,169,000 -1,006,000 
      cash and cash equivalents, beginning of year
    		     
      cash and cash equivalents, end of year
    		     
      supplemental disclosures of cash flow information:
    		     
      vendor financed software licenses acquired
    		    0 
      cash paid for income taxes
    		1,653,000 306,000 304,000 155,000 252,000 
      cash paid for operating leases
    		350,000 366,000 358,000 361,000 371,000 
      cash paid for interest
    		97,000 21,000 101,000 68,000 105,000 
      ​
    		     
      proceeds from sale of short term investments - others
    		     
      cash and cash equivalents, beginning of period
    		 0 0 13,806,000  
      cash and cash equivalents, end of period
    		 9,855,000 -2,466,000 18,975,000  
      shares withheld for withholding taxes on net settlement for restricted stock
    		 0    
      adjustments to reconcile consolidated net income to net cash
    		     
      provided by operating activities:
    		     
      purchase of short term investments - others
    		     
      benefit from doubtful accounts
    		     
      loss on lease termination
    		     
      accounts payable, accrued expenses and other
    		    -1,460,000 
      proceeds from (purchase of) short term investments - others
    		     
      proceeds from short term investments - other
    		     
      proceeds from stock option exercises
    		     
      gain on loan forgiveness
    		     
      withholding taxes on net settlement of stock-based compensation
    		     
      loss on disposal of property and equipment
    		     
      proceeds from disposal of property and equipment
    		     
      proceeds from bank loan
    		     
      purchase of treasury stock
    		     
      goodwill impairment
    		     
      redemption of shares from non-controlling interest
    		     
      exercise of stock options
    		     
      common stock issued
    		     
      non cash redemption of non-controlling interest
    		     
      net income
    		     
      adjustments to reconcile net income to net cash from operating activities:
    		     
      proceeds from equipment financing
    		     
      net decrease in cash and cash equivalents
    		     
      common stock issued for mediamiser acquisition
    		     
      cash flow from operating activities:
    		     
      change in fair value of contingent consideration
    		     
      cash flow from investing activities:
    		     
      acquisition of business
    		     
      cash flow from financing activities:
    		     
      common stock issued for mediamiser acquistion
    		     
      impairment charge
    		     
      restricted shares withheld for taxes
    		     
      sale of investments – other
    		     
      payment of long term obligations
    		     
      adjustments to reconcile net income to net cash
    		     
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.