XML 14 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ 5,245 $ (23,984)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 209 387
Asset impairment 33
Stock-based compensation expense 655 1,161
Other comprehensive income, industry specific credit risk on notes payable 2,736
Issuance of common stock in exchange for debt modification (50)
Issuance of common stock in exchange for consulting services 3
Change in fair value of note payable (1,336) 1,212
Non-cash debt issuance expense 250
Changes in operating assets and liabilities:    
Accounts Receivable 583
Other receivables 140 (11)
Prepaid asset (217) (132)
Contract asset 1,986
Other assets 78 47
Lease liabilities (56) (19)
Accounts payable 3,102 (1,010)
Accrued liabilities and other liabilities (1,873) 2,121
Contract liabilities (20,530) (628)
Net cash used in operating activities (9,328) (20,570)
Cash flows from investing activities:    
Purchase of property and equipment (33)
Proceeds from disposal of property and equipment 14
Net cash provided by (used) in investing activities 14 (33)
Cash flows from financing activities:    
Proceeds from issuance of common stock and warrants, net 3,794
Proceeds from note payable 2,500 5,000
Payments on note payable (1,485) (450)
Payment on financing of insurance premium (519) (800)
Net cash provided by financing activities 4,290 3,750
Net (decrease) in cash, cash equivalents and restricted cash (5,024) (16,853)
Cash, cash equivalents and restricted cash at:    
Beginning of period 5,559 19,986
End of period 535 3,133
Supplemental cash flow disclosures:    
Cash paid for taxes 8 5
Supplemental noncash investing and financing activities:    
Right-of-use assets obtained with corresponding lease liability 1,877
Stock options issued in exchange for accrued liability 107
Issuance of common stock in exchange for debt modification 50 107
Insurance financing $ 519 $ 935