Company: ACCS
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0000843006-25-000041
Chunk: 5

Company: ACCESS Newswire Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 (loss) $4,912  $(132)Adjustments to reconcile net income (loss) to net cash provided by operating activities:        Gain on disposal of business  (8,974)  — Depreciation and amortization  1,509   1,540 Provision for credit losses  976   595 Deferred income taxes  (415)  (72)Stock-based compensation expense  469   200 Non-cash interest adjustment on note payable  9   8 Changes in operating assets and liabilities:        Decrease (increase) in accounts receivable  (680)  (928)Decrease (increase) in other assets  226   52 Increase (decrease) in accounts payable  131   (230)Increase (decrease) in income tax payable  2,626   12 Increase (decrease) in accrued expenses  419   (341)Increase (decrease) in deferred revenue  (326)  92 Net cash provided by operating activities  882   796          Cash flows from investing activities:        Proceeds from Sale of Compliance Business  12,000   — Capitalized software  (23)  (400)Purchase of fixed assets  (12)  (16)Net cash provided by (used in) investing activities  11,965   (416)         Cash flows from financing activities:        Payment of long-term debt  (12,957)  (2,000)Net cash used in financing activities  (12,957)  (2,000)         Net change in cash and cash equivalents  (110)  (1,620)Cash and cash equivalents – beginning  4,103   5,714 Currency translation adjustment  118   (74)Cash and cash equivalents – ending $4,111  $4,020          Supplemental disclosures:        Cash paid for income taxes $387  $101 Cash paid for interest $317  $754 

The accompanying notes are an integral part of these unaudited financial statements.

 7Table of Contents

ACCESS NEWSWIRE INC. AND SUBSIDIARIES 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

(UNAUD