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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2022
Dec. 31, 2020
Cash flows from operating activities:      
Net loss $ (6,579) $ (10,235) $ (17,909)
Adjustments to reconcile net loss to net cash used in operating activities:      
Inventory write-off 7 196 435
Depreciation and amortization 197 843 835
Provision for doubtful accounts (48) 0 110
Perpetual licensing revenue from a related party 0 (8,000) (5,000)
Stock-based compensation 513 2,614 1,525
Interest cost 187 107 760
Gain on promissory note conversion 0 (1,222) 0
Gain on sale of equipment (40) 0 0
Loss in joint venture 1,468 2,516 6,836
Changes in fair value of promissory note 699 (605) (927)
Changes in operating assets and liabilities:      
Accounts receivable (690) (940) (245)
Inventory (603) (4,303) (1,072)
Prepaid expenses and other current assets 108 (518) (283)
Other assets 17 11 206
Accounts payable and accrued expenses (195) 198 (116)
Deferred revenue (169) (159) 674
Accrued payroll and benefits 195 (239) 56
Net cash used in operating activities (4,933) (19,736) (14,115)
Cash flows from investing activities:      
Purchases of property and equipment (164) (595) (58)
Investment in joint venture (968) (4,526) (7,348)
Net cash used in investing activities (1,132) (5,121) (7,406)
Cash flows from financing activities:      
Proceeds from sale of equipment 4 0 0
Proceeds from stock option exercise 2 221 32
Proceeds from issuance of common stock 1,000 50,900 36,520
Cost associated with issuance of common stock (50) (1,127) (3,133)
Proceeds from exercise of warrants 0 272 0
Payment for repurchase of common stock 0 0 (211)
Payment for taxes related to net share settlement of restricted stock units 0 (768) 0
Loan repayment 0 0 (50)
Net cash provided by financing activities 956 49,498 33,158
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (85) (206) 182
Net increase (decrease) in cash, cash equivalents and restricted cash (5,194) 24,435 11,819
Cash, cash equivalents and restricted cash at beginning of period 14,694 9,500 2,875
Cash, cash equivalents and restricted cash at end of period 9,500 33,935 14,694
Supplemental disclosures of cash flow information:      
Interest expense paid 153 685 915
Supplemental non-cash investing activity:      
Equipment purchases 0 250 0
Supplemental non-cash financing activity:      
Issuance of shares in connection with a service contract 0 500 0
Development loan reduction related to perpetual licensing revenue 0 8,000 5,000
Conversion of promissory note 0 15,600 0
Conversion of preferred stock to common stock in connection with the Reverse Merger 0 0 85,658
Private placement offering cost $ 0 $ 0 $ 223