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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash Flows Used in Operating Activities              
Net loss $ (10,848) $ (17,178) $ (17,993) $ (11,557) $ (35,355) $ (49,880)  
Adjustment to reconcile net loss to net cash used in operating activities:              
Depreciation and amortization         834 1,008  
Amortization of intangible assets         1,476 4,559  
Amortization of right-of-use asset         206 536  
Stock based compensation 200   700   797 2,962  
Amortization of warrant liability to redemption value         20 0  
Earnout expense valuation benefit         0 (2,827)  
Gain on settlement with FOXO         (1,142) 0  
Amortization of debt issuance costs         2,103 121  
Accrued interest income, related party         0 (278)  
Unrealized gain on note         0 1,870  
Unrealized loss on foreign currency transactions         176 0  
Distribution of equity method investment shares to employees as compensation         666 0  
Deferred income tax         2,591 (1)  
Unrealized (gain) loss on equity securities (5,791)   5,854   (5,733) 7,110  
Impairment of goodwill         0 7,570  
Gain on fair value of warrant liability         71 0  
Realized loss on sale of equity securities 6,692   151   6,692 151  
Gain on conversion of note receivable         0 (791)  
Loss on exchange of debt for equity         124 0  
Other         24 202  
Changes in operating assets and liabilities:              
Accounts receivable and other receivables         (652) 336  
Inventory         (951) (1,002)  
Prepaid expenses and other current assets         1,110 1,545  
Other assets         3 28  
Accounts payable         (372) 237  
Accrued liabilities         2,018 1,059  
Income tax liabilities         (119) (38)  
Deferred revenue         530 (915)  
Operating lease obligation         (207) (505)  
Net Cash Used in Operating Activities         (25,090) (26,943)  
Cash Flows Used in Investing Activities              
Purchase of property and equipment         (142) (221)  
Investment in capitalized software         (135) (611)  
Purchase of convertible note         0 (5,500)  
Sales of equity securities         323 229  
Sales of treasury bills         0 43,001  
Proceeds from repayment of note receivable         150 0  
Issuance of note receivable         (2,025) (150)  
Net Cash (Used in) Provided By Investing Activities         (1,829) 36,748  
Cash From Financing Activities              
Net proceeds from issuance of preferred stock         0 46,906  
Net proceeds from promissory note         125 5,539  
Net proceeds from ATM stock offerings         26,510 0  
Cash paid for redemption of preferred stock series 7         0 (49,250)  
Taxes paid related to net share settlement of restricted stock units         0 (336)  
Net proceeds from the issuance of warrants         1,409 0  
Repayment of CXApp acquisition liability         (197) (1,957)  
Distribution to shareholders related to spin-off of CXApp         (10,003) 0  
Common shares issued for exercise of warrants         2,341 0  
Net Cash Provided By Financing Activities         20,185 902  
Effect of Foreign Exchange Rate on Changes on Cash         (12) (34)  
Net (Decrease)/Increase in Cash and Cash Equivalents         (6,746) 10,673  
Cash and Cash Equivalents - Beginning of period   $ 20,235   $ 52,480 20,235 52,480 $ 52,480
Cash and Cash Equivalents - End of period $ 13,489   $ 63,153   13,489 63,153 $ 20,235
Cash paid for:              
Interest         0 2  
Income Taxes         10 100  
Non-cash investing and financing activities              
Common shares issued for extinguishment of debt         6,624 3,250  
Noncash debt modification fees         144 0  
Marketable securities received for settlement of FOXO         1,142 0  
Common shares issued for CXApp Earnout Payment         0 3,697  
Common shares issued in exchange for warrants         0 14  
Right of use asset obtained in exchange for lease liability         0 284  
Noncash exercise of liability classified warrants to common shares         90 0  
Investment in equity securities through conversion of note receivable         0 6,776  
Noncash net assets distribution to shareholders related to spin-off of CXApp         $ 14,227 $ 0