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Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (1,394) $ (1,215)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 87 10
Fair value of options in exchange for services 85
Fair value of restricted stock awards issued in exchange for services 139 215
Fair value of restricted stock units issued in exchange for services 203 128
Fair value gain on equity investments (252)
Amortization and depreciation 35 23
Changes in operating assets and liabilities:    
Accounts Receivable 147 (132)
Deferred Offering Costs (60)
Inventory (26) 5
Prepaid expenses and other current assets (98) (13)
Accounts payable and accrued expenses 158 50
Net cash used in operating activities (1,001) (904)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of Patents (24) (44)
Purchase of Equipment for lease (45)
Capitalized Software Costs (42)
Net cash used in investing activities (24) (131)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from public offering of securities 8,447
Proceeds from Stock Purchase Plan 67
Tax withholding payments for employee stock-based compensation in exchange for shares surrendered (31)
Net cash provided by financing activities 36 8,447
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (989) 7,412
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 9,422 7,939
CASH AND CASH EQUIVALENTS - END OF PERIOD 8,433 15,351
Cash paid during the period for:    
Interest
Income taxes