XML 19 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (12,178) $ (8,517)
Adjustments to reconcile net loss to net cash flows used in operating activities:    
Depreciation and amortization 1,219 1,131
Amortization of operating lease right-of-use asset 187 219
Amortization of finance lease right-of-use asset 114 94
Amortization of deferred financing costs, debt discounts and debt premiums 4 3
Gain on forgiveness of debt   (794)
Gain on settlement of liability (25) (53)
Stock-based compensation 3,801 1,879
Value of stock issued in payment of services   150
Provision for losses on doubtful accounts 406 (150)
Warrant revaluation (606) (269)
Derecognition of finance lease right-of-use asset   125
Changes in operating assets and liabilities:    
Accounts receivable (745) 327
Inventories (144) (214)
Other assets 491 (349)
Accounts payable 165 112
Operating lease liabilities (182) (225)
Deferred revenue 101 12
Accrued expenses (329) (58)
Net cash used in operating activities (7,721) (6,577)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (277) (682)
Net cash used in investing activities (277) (682)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on finance lease obligations (151) (130)
Deposits on finance lease right-of-use assets   (39)
Issuance of common stock, net of issuance costs 129 16,207
Proceeds from exercise of warrants 11 400
Proceeds from exercise of stock options   3
Principal payments on long-term debt (214) (40)
Payments on common stock warrant liabilities   (130)
Net cash flows (used in) provided by financing activities (225) 16,271
NET CHANGE IN CASH (8,223) 9,012
CASH AT BEGINNING OF PERIOD 11,668 2,656
CASH AT END OF PERIOD 3,445 11,668
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid during the period for interest 45 34
SUPPLEMENTAL DISCLOSURE OF CONSULTING SERVICES OR ANY OTHER NON-CASH COMMON STOCK RELATED ACTIVITY    
Purchases of equipment financed through accounts payable 34 58
Prepaid insurance financed with loan 413  
Operating lease right-of-use assets obtained in exchange for operating lease obligations 92 771
Finance lease right-of-use assets obtained in exchange for finance lease obligations $ 12 347
Write-off warrant liability in conjunction with warrant exercises   $ 320