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 ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 654 $ 16,668
Adjustments to reconcile net income to cash (used in) provided by operating activities:    
Gain on extinguishment of debt 0 (16,773)
Depreciation and amortization 821 1,100
Non-cash lease expense 351 322
Goodwill impairment charge 0 2,150
Stock compensation expense 374 147
Increase (decrease) in allowance for doubtful accounts (7) 77
Deferred income taxes 52 (105)
Amortization of debt discount 38 38
Paid in kind interest on term loan 0 0
Changes in operating assets and liabilities:    
Accounts receivable 2,438 1,762
Accounts payable (89) 118
Accrued compensation (915) (1,509)
Other assets (114) (192)
Other liabilities (3,929) (1,539)
Net cash (used in) provided by operating activities (326) 2,264
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of property and equipment (50) (84)
Net cash used in investing activities (50) (84)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net cash used in financing activities 0 0
Net change in cash (376) 2,180
Cash at beginning of period 18,848 9,947
Cash at end of period 18,472 12,127
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest $ 35 $ 36