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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net loss $ (3,758) $ (6,637)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 348 346
Amortization of intangible assets 248 266
Stock-based compensation 294 188
Amortization of debt issue costs 58 24
Loss (gain) on sale of property and equipment (6) 28
Provision for inventory reserves 33 161
Provision for credit losses 40 190
Other (196) 1
Changes in operating assets and liabilities:    
Accounts receivable 1,507 (1,075)
Revenue earned but not billed (301) 89
Inventories 2,156 355
Prepaid expenses and other assets (304) (257)
Accounts payable (3,929) (1,906)
Accrued expenses and other 490 666
Deferred revenue, current and long-term (34) 234
Net cash used in operating activities (2,962) (7,327)
Investing activities    
Purchases of property and equipment (24) (508)
Proceeds from sale of property, plant and equipment   95
Net cash used in investing activities (24) (413)
Financing activities    
Payment of long-term debt (3) (4)
Proceeds from long-term debt 3,525  
Proceeds from employee equity exercises 1 1
Net cash (used in) provided by financing activities 3,523 (3)
Net increase (decrease) in cash and cash equivalents 537 (7,743)
Cash and cash equivalents at beginning of period 5,155 15,992
Cash and cash equivalents at end of period 5,692 8,249
Supplemental disclosure of non-cash investing and financing activities:    
Operating lease assets obtained in exchange for new operating lease liabilities $ 0 $ 363