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Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net loss $ (12,416) $ (14,376)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 525 676
Amortization of debt issuance costs and debt discount 65 126
Stock-based compensation 960 1,160
Noncash interest expense and other charges 1,151 1,119
Change in right of use asset 102 129
Provision for excess and obsolete inventories 97 390
Other non-cash charges 3 (52)
Gain on extinguishment of debt (2,353) 0
Changes in operating assets and liabilities:    
Accounts receivable 82 142
Inventories (733) (464)
Prepaid expenses and other current assets (318) (197)
Other assets (44) 5
Accounts payable 484 (31)
Accrued compensation (324) (327)
Accrued expenses and other current liabilities 122 29
Other long-term liabilities 431 0
Net cash used in operating activities (12,166) (11,671)
Cash flows from investing activities    
Purchase of property and equipment (18) 0
Proceeds from sale of property and equipment 0 40
Net cash (used in) provided by investing activities (18) 40
Cash flows from financing activities    
Proceeds from borrowings, net of issuance costs 0 2,330
Proceeds from the issuance of common stock in public offerings, net 13,077 23,648
Proceeds from the issuance of common stock under officers’ and directors’ purchase plan 0 36
Net cash provided by financing activities 13,077 26,014
Net change in cash and cash equivalents 893 14,383
Cash and cash equivalents, beginning of period 22,185 10,943
Cash and cash equivalents, end of period 23,078 25,326
Noncash investing and financing activities:    
Accretion of Series A preferred stock dividends 3,132 2,901
Reclassification of right of use asset to prepaid rent (102) (129)
Transfers between inventory and property and equipment $ (7) $ (7)