Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Loss $ (978) $ (543)  
Less net income from discontinued operations  
Net income (loss) from continuing operations (978) (543)  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Non-cash lease expense 6  
Share-based compensation 4 4  
Amortization of debt discount 96 96  
Deferred income taxes (158)  
Changes in operating assets and liabilities:      
Deferred course expenses (19) 33  
Prepaid expenses and other receivable (338) (104)  
Accounts payable-trade 225 (156)  
Accrued course expenses 24 (20)  
Accrued salaries, wages and benefits 114 23  
Operating lease liability (6)  
Other accrued expenses 370 (167)  
Deferred revenue 302 (143)  
Net cash used in operating activities - continuing operations (200) (1,135)  
Net cash (used in) provided by operating activities - discontinued operations    
Net cash used in operating activities (200) (1,135)  
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from the sale of investment property  
Proceeds from sale property and equipment  
Net cash provided by investing activities - continuing operations  
Net cash used in investing activities - discontinued operations  
Net cash provided by investing activities  
CASH FLOWS FROM FINANCING ACTIVITIES      
Principal payments on debt 552 (7)  
Proceeds from issuance of debt  
Net cash provided by financing activities - continuing operations 552 (7)  
Net cash provided by financing activities - discontinued operations  
Net cash provided by financing activities 552 (7)  
Effect of exchange rate differences on cash (353) 480  
Net decrease in cash and cash equivalents and restricted cash (1) (662)  
Cash and cash equivalents and restricted cash, beginning of period, including cash in discontinued operations 223 950 $ 950
Cash and cash equivalents and restricted cash, end of period 222 288 $ 223
Supplemental disclosures:      
Cash paid during the period for interest $ 11 $ 3