XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (8,509,000) $ (9,206,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,607,000 957,000
Loss on impairment of long-lived assets 0 10,000
Loss on disposal of long-lived assets 50,000 12,000
Stock-based compensation expense 3,494,000 5,425,000
Amortization of deferred commissions 91,000 145,000
Amortization of right of use assets 422,000 165,000
Change in fair value of contingent consideration 182,000 0
Gain on loan forgiveness 0 (1,316,000)
Provision for accounts receivable 236,000 111,000
Changes in operating assets and liabilities:    
Accounts receivable 455,000 1,187,000
Prepaid expenses and other assets (403,000) (391,000)
Accounts payable and accruals (1,050,000) 916,000
Operating lease liability (393,000) (170,000)
Deferred revenue (674,000) (316,000)
Net cash used in operating activities (4,492,000) (2,471,000)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of equipment (65,000) (7,000)
Software development costs (860,000) (1,213,000)
Patent costs (17,000) (67,000)
Payment for acquisition, net of cash received (4,484,000) 0
Net cash used in investing activities (5,426,000) (1,287,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock offering, net of transaction costs 0 16,534,000
Proceeds from exercise of options and warrants 0 621,000
Payments related to settlement of employee shared-based awards (292,000) (475,000)
Settlement of contingent consideration (132,000) 0
Repurchase of common stock (756,000) 0
Repayments of finance leases (45,000) (64,000)
Net cash provided by (used in) financing activities (1,225,000) 16,616,000
Net increase (decrease) in cash (11,143,000) 12,858,000
Cash-beginning of period 18,966,000 9,095,000
Cash-end of period 7,823,000 21,953,000
Supplemental disclosures of noncash activities:    
Right-of-use assets and operating lease obligations recognized during the period $ 876,000 $ 0