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Condensed Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net (loss) income $ (202) $ 761
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 398 333
Stock-based compensation 1,714 1,160
Loss on prepayment and termination of credit facility   170
Non-cash warrant revaluation   23
Non-cash interest expense   26
Changes in operating assets and liabilities:    
Accounts receivable (1,524) (544)
Inventory 338 404
Prepaid expenses and other current assets 538 119
Accounts payable (36) 125
Accrued liabilities (2,266) (1,457)
Deferred revenue (255) 77
Lease liabilities, net 2 7
Net cash (used in) provided by operating activities (1,293) 1,204
Cash flows from investing activities    
Purchases of property and equipment (1,205) (1,011)
Net cash used in investing activities (1,205) (1,011)
Cash flows from financing activities    
Payments on long-term debt   (2,790)
Proceeds from exercise of stock options 353 13
Net cash provided by (used in) financing activities 353 (2,777)
Net decrease in cash and cash equivalents (2,145) (2,584)
Cash and cash equivalents at beginning of period 36,946 26,795
Cash and cash equivalents at end of period 34,801 24,211
Supplementary cash flow information:    
Interest paid   37
Operating cash flows paid for operating leases 349 375
Financing cash flows paid for finance leases 8 $ 3
Non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for finance lease liabilities $ 297