XML 18 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:    
Net loss $ (19,578,000) $ (15,836,000)
Adjustments to reconcile net loss to cash flows used in operating activities:    
Depreciation and amortization 488,000 376,000
Stock-based compensation expense, net 1,314,000 1,349,000
Loss on disposal of property and equipment 0 40,000
Realized foreign currency translation gain from dissolution of subsidiary 0 (1,202,000)
Changes in operating assets and liabilities:    
Accounts receivable 155,000 (106,000)
Inventory (143,000) (1,420,000)
Other current assets (91,000) (76,000)
Other assets and liabilities 186,000 112,000
Accounts payable and accrued expenses (211,000) 191,000
Net cash used in operating activities (17,880,000) (16,572,000)
Investing Activities:    
Purchases of property and equipment (219,000) (298,000)
Proceeds from sale of property and equipment 0 31,000
Net cash used in investing activities (219,000) (267,000)
Financing Activities:    
Proceeds from public stock offerings, net 27,896,000 25,921,000
Proceeds from warrant exercises 1,300 4,115,000
Payments on finance lease liability (26,000) (20,000)
Net cash provided by financing activities 27,871,000 30,016,000
Effect of exchange rate changes on cash (4,000) (19,000)
Net increase in cash and cash equivalents 9,768,000 13,158,000
Cash and cash equivalents - beginning of year 14,437,000 1,279,000
Cash and cash equivalents - end of year 24,205,000 14,437,000
Supplemental schedule of non-cash activities    
Inventory transferred to property, plant and equipment 257,000 260,000
Equipment acquired through finance lease liability 0 98,000
Operating right-of-use asset recorded as an operating lease liability 901,000 0
Supplemental cash flow information    
Cash paid for income taxes $ 11,000 $ 10,000