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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net loss $ (6,833) $ (4,617)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 421 149
Stock-based compensation expense 1,238 2,388
Bad debt expense, net of recoveries 1,410 640
Loss on disposition of assets 9 0
Noncash amortization of debt discount 273 233
Noncash interest expense associated with convertible debt 0 243
Noncash change in fair value of derivatives (281) (14,000)
Other (6) 13
Changes in operating assets and liabilities:    
Accounts receivable (1,701) (687)
Prepaid expenses and other current assets (1,334) (3,977)
Accounts payable (663) 1,456
Accrued expenses and other current liabilities (2,399) (713)
Deferred revenue 59 492
Net cash used in operating activities (9,807) (18,380)
Cash flows from investing activities    
Additions of property, equipment, and software (788) (1,415)
Net cash used in investing activities (788) (1,415)
Cash flows from financing activities    
Proceeds from exercise of stock options 0 157
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 (10,761)
Advances (repayments) of related party payables 2 (18)
Net cash provided by financing activities 122 58,366
Net (decrease) increase in cash, cash equivalents, and restricted cash (10,473) 38,571
Cash, cash equivalents, and restricted cash, beginning of period 25,202 28,695
Cash, cash equivalents, and restricted cash, end of period 14,729 67,266
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