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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net loss $ (8,082) $ (2,143)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,041 899
Non-cash interest expense 106 73
Stock-based compensation expense 254 312
Paid-in-kind interest   109
Deferred tax liability (10) 27
Change in fair value of contingent consideration 426 (1,561)
Change in fair value of warrant liability 1,870  
Changes in operating assets and liabilities:    
Accounts receivable, net (120) 6,626
Prepaid expenses and other assets (1,256) 955
Inventories, net (430) (907)
Accounts payable 702 (4,679)
Accrued expenses and other liabilities 772 (274)
Deferred revenue 323 (394)
Net cash used in operating activities (4,404) (957)
Investing activities    
Interest income reinvested in certificates of deposit   (39)
Purchases of property and equipment (907) (1,396)
Net cash used in investing activities (907) (1,435)
Financing activities    
Proceeds from stock option exercises 44 2
Principal payments on capital leases (48) (35)
Payments of contingent consideration   (2,627)
Net cash used in financing activities (4) (2,660)
Net decrease in cash, cash equivalents, and restricted cash (5,315) (5,052)
Cash, cash equivalents, and restricted cash at beginning of year 17,508 12,137
Cash, cash equivalents, and restricted cash at end of year 12,193 7,085
Supplemental disclosures of cash flow information    
Cash paid for interest 638 457
Supplemental disclosures of non-cash activities    
Purchases of property and equipment included in accounts payable and accrued expenses 884 791
Accretion of dividends on Series B, C, and D Preferred Stock $ 1,190 $ 1,190