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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (3,831) $ (10,041)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,069 10,819
Provision for expected credit losses (101) 244
Impairment of capitalized software 420 504
Provision for excess and obsolete inventory 31 310
Impairment of operating lease right-of-use assets 0 469
Share-based compensation expense 1,586 3,762
Amortization of debt discount and debt issuance costs 857 977
Gain on debt repurchases (1,324) 0
Deferred income taxes 12 95
Non-cash operating lease expense 816 (255)
Changes in assets and liabilities:    
Accounts receivable 1,990 233
Inventories 3,501 6,172
Prepaid expenses and other assets 568 470
Accounts payable 5,952 5,106
Accrued expenses and other liabilities 14,643 (6,384)
Operating lease liabilities (888) 198
Net cash provided by operating activities 33,301 12,679
Cash flows from investing activities:    
Purchases of property, plant and equipment (28) (161)
Additions to capitalized software development costs and purchases of intangible assets (2,348) (4,441)
Net cash used in investing activities (2,376) (4,602)
Cash flows from financing activities:    
Payments related to repurchases of 2025 Convertible Notes (1,650) 0
Proceeds from issuance of short-term loan and warrants, net of issuance costs 16,500 0
Proceeds from a public offering of equity, net of issuance costs 0 6,059
Principal payments on financed assets 0 (360)
Net repayments on revolving credit facility (4,094) (4,598)
Other investing activities 2 126
Net cash provided by financing activities 10,758 1,227
Effect of exchange rates on cash (209) (1,282)
Net increase in cash and cash equivalents 41,474 8,022
Cash and cash equivalents, beginning of period 7,519 7,143
Cash and cash equivalents, end of period 48,993 15,165
Cash paid during the year for:    
Interest 2,966 2,864
Income taxes 202 152
Supplemental disclosures of non-cash investing and financing activities:    
Transfer of inventories to rental assets 1,346 665
Capital expenditures financed through accounts payable or accrued liabilities 162 4,312
Debt and warrant issuance costs financed through accrued liabilities 150 0
Right-of-use assets obtained in exchange for operating leases liabilities $ 146 $ 833