Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net loss $ (5,600) $ (5,845)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 755 803
Loss on impairment of intangible asset 180 0
Changes in provision for credit losses on accounts receivable 5 39
Gain on revaluation of warrant liabilities (1) (426)
Stock-based compensation expense 457 660
Loss on modification of warrant 0 109
Common stock contribution to 401(k) plan 15 113
Unrealized (gain) loss on foreign currency transactions (1,965) 440
Changes in operating assets and liabilities:    
Accounts receivable 3,052 (1,029)
Inventories (881) (9)
Prepaid expenses and other assets, current and noncurrent (164) (387)
Accounts payable (121) 281
Accrued, lease and other liabilities, current and noncurrent (716) (681)
Deferred revenues (425) (204)
Net cash used in operating activities (5,409) (6,136)
Investing activities:    
Acquisition of property and equipment (50) (8)
Net cash used in investing activities (50) (8)
Financing activities:    
Principal payments under notes payable (625) (625)
Proceeds from issuance of common stock, net 914 4,017
Proceeds from exercise of warrants, net 3,856 0
Net cash provided by financing activities 4,145 3,392
Effect of exchange rate changes on cash 63 (1)
Net decrease in cash (1,251) (2,753)
Cash and restricted cash at beginning of period 6,493 8,638
Cash and restricted cash at end of period 5,242 5,885
Supplemental disclosure of cash flow activities    
Cash paid for interest 84 96
Cash paid for income taxes 4 8
Supplemental disclosure of non-cash activities    
Deemed dividend in connection with warrant inducement 226 0
Transfer of inventory to property and equipment 81 72
Initial recognition of operating lease liability and right of use asset 153 180
Share issuance RSU 0 1
Share issuance for common stock contribution to 401(k) plan $ 236 $ 238