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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows From Operating Activities:    
Net loss $ (22,031) $ (29,563)
Adjustments to reconcile net loss to net cash used in operating activities:    
Foreign currency (36) 228
Depreciation 346 516
Amortization 3,370 2,719
Non-cash lease expense 128 53
Inventory valuation loss 0 261
Stock-based compensation 6,291 18,938
Loss on extinguishment of debt and accounts payable 1,732 0
Gain upon debt forgiveness 0 (2,595)
Interest expense (income) 1,561 (77)
Amortization of debt discount 3,358 1,305
Common stock issued to lender in connection with entering Equity Line of Credit Agreement 368 0
Change in fair value of convertible notes 316 252
Warrants issued to service providers and warrant issuance expense 1,116 442
Loss on exchange of warrants for equity 358 0
Change in fair value of earnout (1,300) 0
Change in fair value of derivatives 755 0
Change in fair value of warrants (3,246) (2,266)
Changes in operating assets and liabilities    
Accounts receivable (124) (14)
Inventories 173 (662)
Prepaid expenses and other current assets 374 (62)
Vendor deposits 46 323
Deferred offering costs (11) 0
Other assets 0 (17)
Accounts payable 298 (178)
Accrued expenses and other current liabilities 1,263 (773)
Deferred revenue (131) 29
Operating lease liabilities (134) (59)
Net cash used in operating activities (5,160) (11,200)
Cash Flows From Investing Activities:    
Acquisition of internal use software 0 (343)
Acquisition of business, cash paid, net of cash acquired (1,447) 0
Acquisition of software and content 40 (525)
Net cash used in investing activities (1,407) (868)
Cash Flows From Financing Activities:    
Payments of loans (745) 0
Proceeds from loans 1,280 0
Proceeds from issuance of related party loans 400 275
Payments of related party loans (427) (377)
Proceeds from issuance of common stock upon offering, net of offering costs 809 10,820
Payments of offering costs (74) (1,308)
Proceeds from senior secured notes 0 2,000
Payments from senior secured notes 0 (2,000)
Redemption on convertible notes (212) 0
Proceeds from issuance of convertible notes, net of issuance costs 4,756 0
Proceeds from the issuance of common stock A 0 4,247
Proceeds from issuance of common stock from At the Market Offering, net of issuance costs 405 0
Proceeds from the exercise of common stock options and warrants 92 30
Proceeds from the issuance of common stock from equity line of credit 389 0
Net cash provided by financing activities 6,673 13,687
Effect of exchange rate on cash 50 (442)
Net Change In Cash and Cash Equivalents 156 1,177
Cash and restricted cash at beginning of year 0 226
Cash and restricted cash at end of year 156 1,403
Supplemental Disclosure Of Cash Flow Information:    
Property & equipment in accounts payable 18 18
Inventories in accounts payable and accrued expenses 739 815
Issuance of common stock and series B preferred stock for the acquisition of business 3,969 0
Offering costs in accounts payable and accrued expenses 407 3,299
Issuance of series A preferred stock through conversion of debt 12,453 0
Exercise and exchange of stock warrants 480 2,468
Conversion of convertible notes into common stock 1,949 4,521
Right-of-use assets obtained in exchange for new operating lease liabilities 0 313
Decrease in right-of-use asset and operating lease liabilities due to lease termination 0 61
Issuance of common stock from convertible notes 547 0
Issuance of common stock from rights offering 0 202
Net exercise of options 0 323
Stock-based compensation capitalized in software $ 155 $ 0