XML 24 R8.htm IDEA: XBRL DOCUMENT v3.22.1
Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (25,070) $ (36,045)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on sale of discontinued operations (3,473)  
Gain on extinguishment of PPP promissory note (2,023)  
Stock-based compensation 2,237 4,082
Depreciation and amortization 1,565 2,365
(Gain) loss on sales and disposals of property and equipment (550) 99
Provision for credit losses 47 180
Changes in operating assets and liabilities:    
Accounts receivable, net 42 368
Inventories (197) 352
Prepaid expenses and other assets 150 642
Accounts payable 627 (961)
Accrued expenses (390) 1,706
Deferred revenue (234) (774)
Other liabilities (356) (318)
Net cash used in operating activities (27,625) (28,304)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of discontinued operations 3,700  
Payment of fees related to sale of discontinued operations (227)  
Proceeds from sales of property and equipment 594  
Purchases of property and equipment (265) (67)
Proceeds from maturities of available-for-sale securities   16,000
Net cash provided by investing activities 3,802 15,933
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock and warrants, net of placement agent fees 15,528 19,887
Payment of offering costs related to the issuance of common stock and warrants (375) (770)
Repayment of equipment financing (265) (293)
Proceeds from purchases under employee stock purchase plan 74 42
Proceeds from PPP promissory note   2,000
Proceeds from issuance of common stock in connection with the exercise of warrants   827
Net cash provided by financing activities 14,962 21,693
NET CHANGE IN CASH AND CASH EQUIVALENTS (8,861) 9,322
CASH AND CASH EQUIVALENTS, beginning of year 23,906 14,584
CASH AND CASH EQUIVALENTS, end of year 15,045 23,906
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Unpaid property and equipment 17  
Transfer of lasers from inventories to property and equipment   207
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash payments for interest 2 $ 28
Cash payments for income taxes $ 2