XML 20 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (21,187) $ (18,261)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 347 293
Noncash interest expense 260 302
Amortization of intangible assets 190 190
Net changes in operating lease ROU assets and liabilities (52) (47)
Inventory excess and obsolescence charge 910 908
Stockbased compensation expense 2,029 2,192
Gain on sale of product line   (7,580)
Deferred income tax expense 85  
Change in operating assets and liabilities:    
Accounts receivable, net (935) 263
Inventory 610 (1,545)
Prepaid expenses and other current assets 14 253
Accounts payable (448) 594
Accrued expenses and other current and long-term liabilities 464 (2,627)
Foreign currency transaction loss (gain) 83 (16)
Net cash used in operating activities (17,630) (25,081)
Cash flows from investing activities:    
Purchase of property and equipment (146) (603)
Proceeds from the sale of product line 488 5,366
Net cash provided by investing activities 342 4,763
Cash flows from financing activities:    
Proceeds from exercise of stock options 1 226
Payment of withholding taxes related to stock-based compensation to employees (180) (339)
Proceeds from issuance of common stock under the employee stock purchase plan 60 164
Net cash (used in) provided by financing activities (119) 51
Effect of exchange rate on cash and cash equivalents (286) 34
Net decrease in cash and cash equivalents and restricted cash (17,693) (20,233)
Cash and cash equivalents and restricted cash, beginning of period 52,935 46,994
Cash and cash equivalents and restricted cash, end of period 35,242 26,761
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 2,667 2,361
Supplemental disclosures of noncash investing and financing activities:    
Property and equipment in accounts payable and accrued expenses and other current liabilities $ 26 $ 55