XML 22 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net loss $ (20,209) $ (14,525)
Adjustments to reconcile net loss to cash flows from operating activities:    
Depreciation and amortization 362 372
Stock-based compensation expense 670 862
Change in fair value of warrant liability (758) (11,827)
Financing expense 3,483 9,247
Net realized and unrealized gains on marketable securities (65) 124
Changes in operating assets and liabilities:    
Accounts receivable (545) (656)
Inventory 697 140
Other current assets (65) (68)
Other assets and liabilities (7) (96)
Accounts payable and accrued expenses (1,500) 1,278
Net cash used in operating activities (17,937) (15,149)
Investing Activities:    
Additions to intangible assets (99) 0
Proceeds from sales of marketable securities 578 14,850
Purchase of property and equipment (149) (122)
Net cash provided by investing activities 330 14,728
Financing Activities:    
Proceeds from public stock offerings, net 2,109 9,449
Proceeds from Series J Preferred Stock and Warrants 1,482 0
Proceeds from the exercise of warrants 120 0
Payments on finance lease liability (28) (26)
Net cash provided by financing activities 3,683 9,423
Effect of exchange rate changes on cash (13) (7)
Net decrease in cash and cash equivalents (13,937) 8,995
Cash and cash equivalents - beginning of year 17,737 8,742
Cash and cash equivalents - end of year 3,800 17,737
Supplemental schedule of non-cash activities    
Inventory transferred to property, plant and equipment 41 42
Issuance of Common Stock for exercise of Series I Warrants 7,623 0
Issuance of Series J Preferred Stock for exercise of Warrants 2,927 0
Deemed dividend on Series J Preferred Stock 2,297 0
Series J Preferred Stock issued for payment in kind dividend 121 0
Supplemental cash flow information    
Cash paid for income taxes $ 12 $ 9