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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities:    
Net Loss $ (6,927) $ (16,317)
Adjustments To Reconcile Net Loss To Net Cash Used In Operating Activities:    
Depreciation and Amortization 894 422
Stock-based Compensation 714 95
Increase in Inventory Reserves 1,098 307
Non-cash Lease Expense from Right of Use Assets 1,529 1,518
Amortization of Debt Financing Costs and Accretion of Debt Discount 276 276
Loss (Gain) on Disposal of Assets 1 (3)
Realized Gain on Sale of Investments (220) (4)
Changes in Operating Assets and Liabilities:    
Accounts Receivable, net (3,102) (1,454)
Inventory 1,561 (921)
Prepaid and Other Assets 875 2,058
Accounts Payable (124) (688)
Lease Liabilities (1,113) (1,435)
Other Liabilities (1,033) 756
Deferred License Revenue (3,798) (1,427)
Cash Used In Operating Activities (9,369) (16,817)
Cash Flows From Investing Activities:    
Purchase of Investments Available-for-Sale (3,752) (17,389)
Sale of Investments Available-for-Sale 11,301 11,972
Purchase of Equipment (241) (197)
Cash Paid in Connection with Evoqua Asset Acquisition (12,361) 0
Cash Used In Investing Activities (5,053) (5,614)
Cash Flows From Financing Activities:    
Payments on Debt (500) (6,750)
Payments on Insurance Financing Note Payable (748) (941)
Payments on Financing Lease Liabilities (388) 0
Proceeds from Issuance of Common Stock 13,763 15,016
Offering Costs from Issuance of Common Stock (43) (106)
Proceeds from Issuance of Preferred Stock 0 15,000
Offering Costs from Issuance of Preferred Stock 0 (85)
Cash Provided by Financing Activities 12,084 22,134
Effect of Exchange Rate Changes on Cash and Cash Equivalents (5) (3)
Net Decrease in Cash and Cash Equivalents (2,343) (300)
Cash and Cash Equivalents at Beginning of Period 10,102 13,280
Cash and Cash Equivalents at End of Period 7,759 12,980
Supplemental Disclosure of Cash Flow Information:    
Cash Paid for Interest 929 1,261
Supplemental Disclosure of Non-cash Operating, Investing and Financing Activities:    
Change in Unrealized (Loss) Gain on Investments Available-for-Sale (90) 5
Increase in Prepaid Assets from Insurance Financing Note Payable 733 0
Deferred Consideration from Evoqua Asset Acquisition $ 5,000 $ 0