Company: ACCS
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0000843006-25-000012
Chunk: 743

Company: ACCESS Newswire Inc.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 5
Chunk 743
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 AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands, except share and per share amounts)

  Years Ended December 31,   2024  2023 Cash flows from operating activities      Net (loss) income $(10,793 ) $766 Adjustments to reconcile net (loss) income to net cash provided by operating activities:        Net income from discontinued operations, net of tax  (2,488 )  (4,207 )Loss on impairment of intangible assets  14,150   — Provision for credit losses  1,083   538 Depreciation and amortization  2,928   2,788 Deferred income taxes  (3,933 )  (433 )Stock-based compensation expense – employees and directors  684   1,365 Stock-based compensation expense - consultants  44   — Change in fair value of interest rate swap  (81 )  21 Amortization of debt issuance costs  17   13 Changes in operating assets and liabilities:        Decrease (increase) in accounts receivable  (1,462 )  (1,150 )Decrease (increase) in other assets  391   152 Increase (decrease) in accounts payable  245   (60 )Increase (decrease) in deferred revenue  44   267 Increase (decrease) in accrued expenses and other liabilities  (429 )  (801 )Net cash provided by (used in) operating activities of continuing operations  400   (741 )Net cash provided by operating activities of discontinued operations  2,760   3,801 Net cash provided by operating activities  3,160   3,060          Cash flows from investing activities        Purchase of fixed assets  (19 )  (25 )Capitalized software  (597 )  (478 )Purchase of acquired business, net of cash received (See note 4)  —   350 Net cash used in investing activities  (616 )  (153 )         Cash flows from financing activities        Payment of note payable (see Note 6)  (4,000 )  (22,000 )Proceeds from issuance of term loan (see Note 6)