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Condensed Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 4,646 $ 3,606
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 617 462
Gain on sale of property and equipment (15) (167)
Stock-based compensation 2,420 2,135
Loss on prepayment and termination of credit facility 170  
Non-cash warrant revaluation 23 (21)
Non-cash interest expense 26 62
Changes in operating assets and liabilities:    
Accounts receivable 1,639 (1,090)
Inventory (662) 20
Prepaid expenses and other current assets 193 (38)
Other assets   664
Accounts payable (741) (201)
Accrued liabilities (701) (1,414)
Deferred revenue (96) (832)
Lease liabilities 12 164
Net cash provided by operating activities 7,531 3,350
Cash flows from investing activities    
Purchases of property and equipment (1,063) (996)
Proceeds received from sale of property and equipment 15 202
Net cash used in investing activities (1,048) (794)
Cash flows from financing activities    
Payments on long-term debt (2,790) (1,200)
Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan 342 286
Net cash used in financing activities (2,448) (914)
Net increase in cash and cash equivalents 4,035 1,642
Cash and cash equivalents at beginning of period 26,795 21,409
Cash and cash equivalents at end of period 30,830 23,051
Supplementary cash flow information:    
Interest paid 37 83
Operating cash flows paid for operating leases 692 635
Financing cash flows paid for finance leases $ 6 5
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease liabilities   3,350
Right-of-use assets obtained in exchange for finance lease liabilities   36
Purchases of property and equipment in accounts payable and accrued liabilities   $ 783