XML 18 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (17,965) $ (16,495)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 256 286
Non-cash lease expense 321 294
Stock-based compensation expense 1,833 2,552
Change in fair value of derivative related to Term Loan 770  
Change in fair value of warrant liabilities 1,304  
Issuance costs related to Common Stock Warrants 682  
Loss on disposal of property and equipment 3  
Non-cash interest expense 526 543
Changes in operating assets and liabilities:    
Accounts receivable 840 773
Prepaid expenses and other assets 138 (1,476)
Inventories (949) (1,534)
Accounts payable 1,833 553
Accrued expenses and other liabilities (2,211) 502
Deferred revenue (1) (161)
Operating lease liabilities (320) (278)
Net cash used in operating activities (12,940) (14,441)
Cash flows from investing activities    
Purchases and manufacture of property and equipment (120) (29)
Net cash provided by investing activities (120) (29)
Cash flows from financing activities    
Payment of employee restricted stock tax withholdings   (230)
Proceeds from public offering, net of issuance costs 10,918  
Proceeds from secondary offering, net of issuance costs 930 1,432
Net cash provided by financing activities 11,848 1,202
Net change in cash, cash equivalents and restricted cash (1,212) (13,268)
Cash, cash equivalents and restricted cash at beginning of period 11,880 23,796
Cash, cash equivalents and restricted cash at end of period 10,668 10,528
Supplemental disclosures of cash flow information    
Cash paid for interest 1,009 1,106
Supplemental disclosures of noncash activities    
Transfer of T2 owned instruments and components (from) to inventory (298) (271)
Cashless exercise of Common Stock Warrants (938)  
Purchases of property and equipment included in accounts payable and accrued expenses $ 136 $ 134