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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Mar. 31, 2023
Cash flows from operating activities:      
Net loss $ (7,447) $ (5,353) $ (30,600)
Adjustments to reconcile net loss to net cash used in operating activities:      
Provision for inventory 2 37  
Depreciation and amortization 270 226  
Amortization of operating lease right-of-use assets 131 150  
Stock-based compensation 2,003 583  
Interest cost 0 2  
Gain on sale of equipment (48) (100)  
Loss in joint venture 860 582  
Changes in fair value of derivative instruments 124 0  
Changes in operating assets and liabilities:      
Accounts receivable (2,519) (645)  
Inventory (481) (670)  
Prepaid expenses and other current assets 670 (604)  
Other assets 29 (28)  
Accounts payable, accrued expenses, and other liabilities (2,017) 1,086  
Deferred revenue 0 8  
Accrued payroll and benefits (230) (51)  
Operating lease liabilities (120) (136)  
Net cash used in operating activities (8,773) (4,913)  
Cash flows from investing activities:      
Advances and purchases of property and equipment 0 (723)  
Proceeds from sale of equipment 48 100  
Investment in joint venture (807) (778)  
Net cash used in investing activities (759) (1,401)  
Cash flows from financing activities:      
Proceeds from stock option exercise 0 20  
Proceeds from issuance of common stock 2,000 16,000  
Cost associated with issuance of common stock and warrants (122) (280)  
Payment for taxes related to net share settlement of restricted stock units (1) 0  
Proceeds from exercise of stock warrants 7,263 0  
Loan repayment (12,000) 0  
Net cash (used in) provided by financing activities (2,860) 15,740  
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (324) (248)  
Net (decrease) increase in cash, cash equivalents and restricted cash (12,716) 9,178  
Cash, cash equivalents and restricted cash at beginning of period 16,027 33,435 33,435
Cash and cash equivalents at end of period 3,311 42,613 15,527
Restricted cash at end of period 0 500  
Cash, cash equivalents and restricted cash at end of period 3,311 43,113 $ 16,027
Supplemental disclosures of cash flow information:      
Interest expense paid 188 180  
Supplemental non-cash investing activity:      
Property and equipment in accounts payable and accrued expenses 342 0  
Supplemental non-cash financing activity:      
Stock warrant exercise and deemed dividend related to warrant modification 753 0  
Deemed dividend related to issuance of Inducement Warrants 4,858 0  
Operating lease right-of-use asset obtained in exchange for operating lease liabilities $ 0 $ 3,598