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Condensed Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net income $ 5,513 $ 676
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 704 1,117
Gain on sale of property and equipment (167)  
Stock-based compensation 3,287 2,474
Non-cash warrant revaluation (21) 5
Non-cash interest expense 93 274
Changes in operating assets and liabilities:    
Accounts receivable (4,357) (3,022)
Inventory (1,466) (947)
Prepaid expenses and other current assets 470 (67)
Other assets (28) (175)
Accounts payable 1,218 656
Accrued liabilities (1,138) 655
Deferred revenue (25) 1,382
Lease liabilities 175 (90)
Net cash (used in) provided by operating activities 4,258 2,938
Cash flows from investing activities    
Purchases of property and equipment (1,320) (578)
Proceeds received from sale of property and equipment 202  
Net cash used in investing activities (1,118) (578)
Cash flows from financing activities    
Payments on long-term debt (1,800) (2,800)
Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan 703 399
Payments of debt issuance costs (10)  
Net cash used in financing activities (1,107) (2,401)
Net increase (decrease) in cash and cash equivalents 2,033 (41)
Cash and cash equivalents at beginning of period 21,409 14,599
Cash and cash equivalents at end of period 23,442 14,558
Supplementary cash flow information:    
Interest paid 125 178
Operating cash flows paid for operating leases 978 1,212
Financing cash flows paid for finance leases 8  
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities 6,837  
Right-of-use assets obtained in exchange for finance lease liabilities 36  
Purchases of property and equipment in accounts payable and accrued liabilities $ 773  
Bonus settled in shares of common stock   $ 364