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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
OPERATING ACTIVITIES:                  
Net loss             $ (60,587) $ (59,085)  
Adjustments to reconcile net loss to net cash used by operating activities:                  
Depreciation and amortization             2,964 3,894  
Provision for sales returns             (170) 226  
Amortization of deferred financing cost and debt discounts             213 213  
Stock-based compensation             5,539 8,913  
Gain from decrease of contingent earn-out liability fair value         $ (1,691)     (4,466)  
Change in inventory provisions             262    
Loss in connection with the change in warrant fair value $ (2,197)       6,014   (1,843) 7,893  
Gain in connection with settlement of note payable               (2,012)  
Loss on initial issuance of equity               5,835  
Impairment loss on goodwill     $ 500 $ 90,900   $ 29,000   29,020 $ 120,400
Impairment loss on intangibles 22,785 $ 16,700         39,445   3,118
Allowance for doubtful accounts and other               127  
Changes in assets and liabilities:                  
Accounts receivable             (267) 3,304  
Inventory             6,721 (13,071)  
Prepaid and other current assets             2,469 2,108  
Accounts payable, accrued and other liabilities             (3,603) (5,010)  
Cash used in operating activities             (8,857) (22,111)  
INVESTING ACTIVITIES:                  
Purchase of fixed assets             (66) (16)  
Purchase of Step and Go assets             (125)    
Cash used in investing activities             (191) (16)  
FINANCING ACTIVITIES:                  
Proceeds from equity offering, net of issuance costs               27,007  
Repayments on note payable to Smash             (501) (1,778)  
Payment of Squatty Potty earn-out               (3,983)  
Borrowings from MidCap credit facilities             38,060 71,914  
Repayments for MidCap credit facilities             (43,572) (70,972)  
Insurance obligation payments             (534) (719)  
Cash provided by financing activities             (6,547) 21,469  
Foreign currency effect on cash, cash equivalents, and restricted cash             255 (602)  
Net change in cash and restricted cash for the year             (15,340) (1,260)  
Cash and restricted cash at beginning of year   $ 46,629   $ 37,055   $ 38,315 46,629 38,315 38,315
Cash and restricted cash at end of year 31,289   46,629   37,055   31,289 37,055 46,629
RECONCILIATION OF CASH AND RESTRICTED CASH                  
Cash 28,867       34,781   28,867 34,781  
Restricted Cash-Prepaid and other current assets 2,293       2,145   2,293 2,145  
Restricted cash-Other non-current assets 129       129   129 129  
TOTAL CASH AND RESTRICTED CASH $ 31,289   $ 46,629   $ 37,055   31,289 37,055 $ 46,629
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION                  
Cash paid for interest             1,038 828  
Cash paid for taxes             80 58  
NON-CASH INVESTING AND FINANCING ACTIVITIES:                  
Non-cash consideration paid to contractors             $ 321 1,137  
Fair value of warrants issued in connection with equity offering               18,982  
Issuance of common stock related to exercise of warrants               767  
Exercise of prefunded warrants               $ 15,039