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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows used in operating activities:    
Net loss $ (17,633,924) $ (15,549,244)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 612,138 837,228
Amortization of right-of-use assets 150,968 172,060
Amortization of debt issuance costs 29,845 71,401
Amortization of sales contract costs 75,514
Stock-based compensation 279,395 1,170,595
Goodwill impairment charge (0) 58,872
Intangible asset impairment charge 67,415
Provision for (recovery of) credit losses 174,652 (98,489)
Provision for inventory reserves 1,785,566
Changes in operating assets and liabilities:    
Accounts receivable 1,882,377 2,220,746
Inventories 15,462,559 6,690,515
Prepaid expenses and other current assets 324,963 227,150
Other assets 53,458 63,044
Accounts payable 8,306,503 (9,621,054)
Accrued expenses (3,237,131) (839,265)
Deferred revenue (1,405,280) 670,532
Operating lease liabilities (150,968) (172,659)
Net cash provided by (used in) operating activities 4,849,555 (12,170,073)
Cash flows from investing activities:    
Purchases of equipment (162,270) (276,665)
Certification costs incurred and capitalized (219,595) (418,352)
Net cash used in investing activities (381,865) (695,017)
Cash flows from financing activities:    
Net repayment on the bank credit line (4,788,478) (377,811)
Proceeds from bridge loan agreement 1,000,000
Repayment of government loan (34,237)
Proceeds from stock option exercises 236,803
Net cash provided by (used in) financing activities (4,788,478) 824,755
Net change in cash, cash equivalents, and restricted cash (320,788) (12,040,335)
Cash, cash equivalents, and restricted cash - Beginning 1,030,110 13,070,445
Cash, cash equivalents, and restricted cash - Ending 709,322 1,030,110
Cash paid during the period for:    
Interest 238,329 394,615
Income taxes 42,619 88,348
Cash is reported on the consolidated statements of cash flows as follows:    
Cash and cash equivalents 709,322 530,110
Restricted cash 500,000
Total cash, cash equivalents, and restricted cash $ 709,322 $ 1,030,110