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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (3,735) $ (4,829)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Amortization of debt discount and issuance cost 931 1,097
Bad debt expense (126) 8
Gain on settlement of liabilities   (856)
Changes in deferred tax assets and liabilities 906 (719)
Change in allowance for sales returns and volume rebates 1,062 191
Change in inventory reserve 1,222 749
Change in fair value of derivative liabilities 40 (1,650)
Stock compensation expense 1,152 2,062
Depreciation and amortization 4,561 4,587
Change in right of use assets and lease liabilities 172 (98)
Changes in operating assets and liabilities:    
Accounts receivable - trade (6,953) (13,839)
Inventories 20,076 2,010
Prepaid expenses and other current assets (2,842) (1,149)
Accounts payable and accrued expenses (16,202) 2,969
Other liabilities 459 9
Deferred revenues (713) 2,582
Net cash provided by (used in) operating activities 10 (6,876)
Cash flows from investing activities:    
Purchases of furniture and fixtures, net (100) (659)
Net cash used in investing activities (100) (659)
Cash flows from financing activities:    
Proceeds from short-term debt 3,000  
Proceeds from long term debt   2,500
Principal payments on debt (1,378) (1,305)
Payments of fixed dividends to Series B Preferred stockholders (635) (631)
Proceeds from the exercise of options and warrants 13 57
Net cash provided by financing activities 1,000 621
Effect of foreign currency exchange rates 87 596
Net increase (decrease) in cash and cash equivalents 997 (6,318)
Cash and cash equivalents, beginning of the period 14,591 17,938
Cash and cash equivalents, end of the period 15,588 11,620
Supplemental cash flow disclosures:    
Cash paid for income taxes 892 215
Cash paid for interest 4,050 $ 3,731
Non-cash investing and financing transactions:    
Addition of right of use assets $ 43