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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net loss $ (5,397) $ (19,376)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 195 52
Stock-based compensation expense 658 1,924
Bad debt expense, net of recoveries 725 (124)
Loss on disposition of assets 10 0
Noncash amortization of debt discount 136 104
Noncash interest expense associated with convertible debt 0 243
Noncash change in fair value of derivatives (267) 10,397
Other (7) 12
Changes in operating assets and liabilities:    
Accounts receivable (1,065) (198)
Prepaid expenses and other current assets (2,460) (5,970)
Accounts payable (401) 1,309
Accrued expenses and other current liabilities (1,565) (2,969)
Deferred revenue 222 591
Net cash used in operating activities (9,216) (14,005)
Cash flows from investing activities    
Additions of property, equipment, and software (535) (788)
Net cash used in investing activities (535) (788)
Cash flows from financing activities    
Proceeds from exercise of stock options 0 127
Proceeds from convertible promissory notes 0 29,374
Proceeds from business combination placed in escrow and restricted 0 39,032
Trust proceeds received from recapitalization at closing 0 582
Issuance of common Stock under ESPP 120 0
Transaction costs associated with recapitalization 0 (10,397)
Payments on related party payables (8) (7)
Net cash provided by financing activities 112 58,711
Net (decrease) increase in cash, cash equivalents, and restricted cash (9,639) 43,918
Cash, cash equivalents, and restricted cash, beginning of period 25,202 28,695
Cash, cash equivalents, and restricted cash, end of period 15,563 72,613
Supplemental disclosure of non-cash financing activities    
Stockholder contribution for debt issuance costs 0 924
Conversion of promissory notes into common stock 0 33,024
Issuance of forward share purchase agreements 0 14,170
Issuance of private warrants 0 3,916
Issuance of sponsor shares subject to earn-out conditions 0 6,867
Issuance of stockholder earn-out rights $ 0 $ 26,131