XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net income (loss) attributable to common stockholders $ 469 $ (10,384)
Adjustments to reconcile net income (loss) attributable to common stockholders to net cash used in operating activities:    
Accrued final fee   111
Amortization of debt discount 381  
Depreciation and amortization 773 798
Amortization of right-of-use asset 72 92
Write-off of patent cost   250
Write-off of inventory 253  
Bad debt expense 9 29
Stock-based compensation 1,391 1,949
Foreign currency transaction (gains) losses (9,192) 1,970
Changes in operating assets and liabilities    
Grants and accounts receivable 257 (1,952)
Inventories (925) (1,030)
Prepaid expenses and other current assets 1,897 574
Other assets   1
Accounts payable and accrued expenses (360) (2,032)
Net cash used in operating activities (4,975) (9,624)
Cash flows from investing activities    
Purchases of property and equipment (39) (63)
Payments for patent costs (140) (183)
Net cash used in investing activities (179) (246)
Cash flows from financing activities    
Proceeds from long-term debt   15,000
Repayment of long-term debt   (5,000)
Payment of final fee   (150)
Payment of loan costs   (640)
Equity contributions - net of fees incurred   53
Proceeds from exercise of common stock warrants 1,439  
Proceeds from rights offering, net of fees incurred 5,392  
Net cash provided by financing activities 6,831 9,263
Effect of exchange rates on cash 285 (64)
Net change in cash, cash equivalents, and restricted cash 1,962 (671)
Cash, cash equivalents, and restricted cash at beginning of year 9,764 15,615
Cash, cash equivalents, and restricted cash - end of period 11,726 14,944
Supplemental disclosure of cash flow information    
Cash paid for interest 1,018 538
Supplemental disclosure of non-cash financing activities    
Warrants issued in connection with long-term debt $ 556 $ 691