Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
 3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 16,668,000 $ (315,000)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Gain on extinguishment of debt (16,773,000) 0
Depreciation and amortization 1,100,000 1,117,000
Non-cash lease expense 322,000 338,000
Goodwill impairment charge 2,150,000  
Stock compensation expense 147,000 311,000
Increase (decrease) in allowance for doubtful accounts 77,000 (397,000)
Deferred income taxes (105,000) (215,000)
Amortization of debt discount 38,000 445,000
Paid in kind interest on term loan 0 547,000
Changes in operating assets and liabilities:    
Accounts receivable 1,762,000 (2,176,000)
Accounts payable 118,000 (131,000)
Accrued compensation (1,509,000) (598,000)
Accrued interest 32,000 46,000
Change in other assets, net of change in other liabilities (1,763,000) 1,075,000
Net cash provided by operating activities 2,264,000 47,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (84,000) (2,000)
Net cash used in investing activities (84,000) (2,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net cash used in financing activities 0 0
Net change in cash 2,180,000 45,000
Cash at beginning of period 9,947,000 14,074,000
Cash at end of period 12,127,000 14,119,000
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 36,000 1,647,000
Cash paid for taxes 0 21,000
Non-cash investing and financing activities:    
Acquisition of equipment with finance lease $ 320,000 $ 14,000