XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities:    
Net loss $ (7,361) $ (5,081)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 691 483
Common stock issued for services 224 211
Change in fair value of contingent consideration liabilities 260 (208)
Employee stock-based compensation 865 192
Stock Compensation expense for non-employees 142 0
(Increase) decrease in:    
Accounts receivable (5,993) 929
Prepaid expenses and other current assets 276 (3,005)
Inventory 36 (3,546)
Increase (decrease) in:    
Accounts payable 4,305 2,114
Accrued expenses 1,878 147
Sales tax payable (18) 57
Deferred revenue (367) 282
Net cash used in operating activities (5,062) (7,425)
Investing Activities:    
Working capital payment for acquisition 0 (811)
Purchase of property and equipment (521) (216)
Funding of patent costs (80) (59)
Net cash used in investing activities (601) (1,086)
Financing Activities:    
Proceeds from sale of common stock under committee equity facility, net of offering costs 2,114 0
Proceeds from warrant exercises 126 316
Proceeds from issuance of common stock and warrants, pursuant to public offering 25,424 0
Net cash provided by financing activities 27,664 316
Net increase (decrease) in cash 22,001 (8,195)
Cash at beginning of period 1,681 21,949
Cash at end of period 23,682 13,754
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 2 0
Cash paid for taxes 13 0
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Fair value of common stock issued as consideration for business combination 7,051 14,359
Purchase of property and equipment by incurring debt 218 0
Depreciation cost capitalized into inventory 121 54
Right-of-use assets obtained in exchange for lease liabilities 0 192
Warrants issued for services to non-employee 1,609 0
Shares issued for services to non-employee $ 95 $ 0