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Condensed Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities    
Net loss $ (15,240) $ (16,439)
Adjustments to reconcile net loss to net cash used in operating activities    
Stock-based compensation expense 5,854 5,088
Depreciation 104 103
Amortization of debt discount and issuance costs 104 132
Non-cash interest expense 390 540
Loss on debt extinguishment 527 0
PIK interest incurred but not paid on term loan 0 1,389
Amortization of right-of-use asset 835 764
Loss (gain) on short-term investments 41 (96)
Inventory write-downs 93 89
Loss on disposal of property and equipment 2 0
Changes in operating assets and liabilities    
Accounts receivable (704) 1,071
Inventory (3,058) (238)
Prepaid expenses and other assets 671 653
Accounts payable 1,703 28
Accrued liabilities (120) (3,436)
Deferred revenue 141 (280)
Operating lease liabilities (911) (796)
Net cash used in operating activities (9,568) (11,428)
Cash flows from investing activities    
Acquisition of property and equipment (205) (167)
Proceeds from sale of short-term investments 0 5,800
Net cash (used in) provided by investing activities (205) 5,633
Cash flows from financing activities    
Repurchase of common stock (49,546) 0
Proceeds from issuance of common stock under employee plans 1,151 1,302
Taxes withheld and paid related to net share settlement of equity awards (402) (721)
Net cash provided by financing activities 19,200 581
Net increase (decrease) in cash and cash equivalents 9,427 (5,214)
Cash, cash equivalents and restricted cash    
Beginning of the period 13,552 18,180
End of the period 22,979 12,966
Reconciliation of cash, cash equivalents and restricted cash to balance sheets:    
Cash and cash equivalents 22,857 12,844
Restricted cash 122 122
Cash, cash equivalents and restricted cash in balance sheets 22,979 12,966
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,276 2,362
Supplemental disclosures of non-cash investing and financing information:    
Follow-on offering costs included in accounts payable and accrued liabilities 50 0
Debt issuance costs included in accounts payable and accrued liabilities 82 0
Deferred offering costs offset against additional paid-in capital 277 0
Purchase of property and equipment included in accounts payable 25 0
Net change in accrued liabilities from early exercise of options 0 (1)
Follow-on Offering    
Cash flows from financing activities    
Proceeds from issuance of stock 69,704 0
At-the-Market Equity Offering    
Cash flows from financing activities    
Proceeds from issuance of stock 232 0
Proceeds from debt, net of discounts and issuance costs 58,568 0
Repayment of debt $ (60,507) $ 0