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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (10,785) $ (11,540)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 30 27
Stock-based compensation 1,088 573
Amortization of right of use assets 26 77
Amortization of debt discounts and issuance costs 0 3
Change in fair value of warrant liability (7,408) 7,935
Loss on sale of property and equipment 0 28
Changes in operating assets and liabilities    
Accounts receivable (64) 0
Inventory (1,381) 0
Prepaid expenses and other assets 280 138
Accounts payable and accrued liabilities 2,116 100
Accrued bonuses (769) (938)
Accrued interest 0 (597)
Other current and long-term liabilities (26) (88)
Net cash used in operating activities (16,893) (4,282)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net proceeds from issuance of common stock 0 66,882
Repayments of long-term debt 0 (625)
Net cash provided by financing activities 0 66,257
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (16,893) 61,975
Cash and cash equivalents, beginning of period 69,392 22,449
Cash and cash equivalents, end of period 52,499 84,424
SUPPLEMENTAL INFORMATION    
Income taxes 0 0
Interest 0 602
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Preferred stock dividends $ 0 $ 322