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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (18,932) $ (35,906)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,176 86
Loss from PIK Note Amendment and 2022 Debenture Release 3,521
Stock-based compensation 1,673 461
Amortization of consulting fees paid in common stock 2,221 1,486
Impairment of intangible assets and cloud computing arrangements 2,633
Change in fair value of convertible debentures 24,483
Change in fair value of warrants (208)
PIK interest 275
Amortization of debt issuance costs 448
Contributions in the form of rent payments 225
Recognition of prepaid offering costs upon election of fair value option 107
Other (1)
Changes in operating assets and liabilities:    
Supplies 11 (903)
Prepaid expenses and consulting fees 1,435 (1,632)
Other current assets 9
Cloud computing arrangements (1,298)
Accounts payable 555 (1,646)
Accrued and other liabilities (116) 350
Net cash used in operating activities (5,300) (14,187)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (83)
Development of internal use software (1,177)
Net cash used in investing activities (1,260)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of convertible debentures 28,000
Warrant repurchase (507)
Related party promissory note (387)
Deferred offering costs (19)
Net cash provided by financing activities 27,087
Net change in cash and cash equivalents (5,300) 11,640
Cash and cash equivalents at beginning of period 5,515 6,856
Cash and cash equivalents at end of period 215 18,496
NONCASH INVESTING AND FINANCING ACTIVITIES:    
2022 Debenture Release 2,181
PIK Note Amendment 1,339
Exchange Offer $ 2,466