Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.23.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net loss $ (11,984) $ (11,902)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 1,023 629
Changes in allowance for doubtful accounts 25 (11)
Gain on revaluation of warrant liabilities (186) (1,011)
Amortization of debt discounts 243 3
Stock-based compensation expense 1,379 1,618
Common stock contribution to 401(k) plan 304 147
Unrealized loss on foreign currency transactions 223 1,704
Changes in operating assets and liabilities:    
Accounts receivable (1,348) 1,044
Inventories (162) (1,477)
Prepaid expenses and other assets, current and noncurrent (370) (277)
Accounts payable (647) (704)
Accrued, lease and other liabilities, current and noncurrent (522) (270)
Deferred revenues 1,552 (537)
Net cash used in operating activities (10,470) (11,044)
Investing activities:    
Acquisition of property and equipment (114) (141)
Net cash used in investing activities (114) (141)
Effect of exchange rate changes on cash (4) (41)
Net decrease in cash (10,588) (11,226)
Cash and restricted cash at beginning of period 20,525 40,406
Cash and restricted cash at end of period 9,937 29,180
Supplemental disclosure of cash flow activities    
Cash paid for interest 145 88
Cash paid for income taxes 33 14
Supplemental disclosure of non-cash activities    
Transfer of inventory (from) to property and equipment (146) 192
Initial recognition of operating lease liability and right of use asset 0 1,459
Modification of operating lease right-of-use asset and lease liability (10) 0
Share issuance for common stock contribution to 401(k) plan $ 249 $ 176