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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Cash flows from operating activities      
Net loss $ (5,182) $ (3,686)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 328 477  
Amortization of intangible assets 313 317  
Non-cash operating lease cost 129 135  
Provision for expected credit losses   15  
Write-down of inventory 4    
Loss (Gain) on disposal of property and equipment 120 (5)  
Stock-based compensation expense 2,320 38  
Changes in operating assets and liabilities:      
Accounts receivable (95) 639  
Prepaid and other current assets 33 180  
Inventories 12 (3,896)  
Accounts payable (778) 680  
Accrued liabilities (1,828) (1,626)  
Other 5 368  
Net cash used in operating activities (4,619) (6,364)  
Cash flows from investing activities      
Purchase of property and equipment (114) (103)  
Proceeds from sale of property and equipment   10  
Net cash used in investing activities (114) (93)  
Cash flows from financing activities      
Contributions from PDL   1,481  
Distributions to PDL   (97)  
Proceeds from note payable due to related party   3,000  
Net cash provided by financing activities   4,384  
Net decrease in cash, cash equivalents and restricted cash (4,733) (2,073)  
Cash, cash equivalents and restricted cash at beginning of the period [1] 40,599 4,715 $ 4,715
Cash, cash equivalents and restricted cash at end the period 35,866 [2] 2,642 [2] $ 40,599 [1]
Supplemental cash flow information      
Cash paid for interest   205  
Supplemental schedule of non-cash investing and financing activities      
Transfer from Inventories to Equipment under lease, net $ 435 1,419  
Phantom stock liability settled with common stock   $ 783  
[1] Includes restricted cash of zero and $100 as of December 31, 2020 and 2019, respectively.
[2] Includes restricted cash of zero and $100 as of March 31, 2021 and 2020, respectively.