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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:    
Net (loss) income $ (48,688,000) $ 27,575,000
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 3,975,000 3,853,000
Amortization of right-of-use lease assets 13,000 159,000
Amortization of debt issuance costs and premium 493,000 85,000
Change in fair value of warrants (2,717,000) (63,011,000)
Gain on expiration of warrant (5,018,000) 0
Amortization of discount on short-term investments (30,000) (446,000)
Stock-based compensation 7,575,000 4,185,000
Gain on sale of equipment 0 7,000
Provision for excess and obsolete inventory 2,367,000 238,000
Change in operating assets and liabilities:    
Accounts receivable (1,996,000) (2,076,000)
Inventories (2,111,000) (1,307,000)
Prepaid and other assets (2,809,000) 180,000
Accounts payable 555,000 (954,000)
Accrued expenses and other liabilities 3,683,000 (3,691,000)
Net cash used in operating activities (44,708,000) (35,203,000)
Investing Activities:    
Purchases of property and equipment (1,940,000) (2,539,000)
Proceeds from sale of equipment 0 3,000
Maturity of short-term investments 80,000,000 116,000,000
Purchase of short-term investments (159,967,000) (97,873,000)
Net cash (used in) provided by investing activities (81,907,000) 15,591,000
Financing Activities:    
Proceeds from term loan 15,000,000 25,000,000
Payments of debt issuance costs (132,000) (687,000)
Proceeds from exercise of warrants 790,000 23,000
Proceeds from initial public offering 119,582,000 0
Principal payments on finance lease liabilities (27,000) (142,000)
Change in notes receivables for redeemable common stock issued 575,000 51,000
Proceeds from exercise of stock options 1,554,000 992,000
Net cash provided by financing activities 137,342,000 25,237,000
Effect of foreign exchange rate on cash, cash equivalents and restricted cash (10,000) 0
Net increase in cash, cash equivalents and restricted cash 10,717,000 5,625,000
Cash, cash equivalents and restricted cash - beginning of period 14,455,000 8,830,000
Cash, cash equivalents and restricted cash - end of period 25,172,000 14,455,000
Cash paid for amounts included in the measurement of lease liabilities:    
Operating cash flows from operating leases 1,269,000 987,000
Cash paid for income taxes 20,000 61,000
Cash paid for interest on financing leases 5,000 14,000
Cash paid for interest on term loan 3,182,000 411,000
Right-of-use assets obtained in exchange for lease obligations:    
Operating lease 126,000 1,953,000
Finance lease 48,000
Lease obligations recorded for right-of-use assets:    
Operating lease 126,000 1,953,000
Finance lease 48,000
Acquisition of property and equipment included in accounts payable and accrued expenses and other current liabilities 30,000 40,000
Accretion to redemption value of redeemable stock and stock options 38,308,000
Payment-in-kind interest income added to principal of notes receivable 28,000 54,000
Reclassification from warrant liability to additional paid-in capital for warrants exercised 1,111,000 24,000
Reclassification of 4,093,995 shares of redeemable common stock to 4,093,995 shares of common stock 87,702,000
Reclassification of redeemable common stock options to common stock options 47,370,000
Conversion of preferred stock to common stock upon initial public offering 357,202,000
Reclassification of deferred financing costs $ 3,156,000