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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net loss $ (47,647) $ (4,723)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 799 621
Amortization of debt issuance costs 0 19
Amortization of debt discount 19 89
Non-cash gain on forgiveness of debt (2,098) 0
Non-cash loss on extinguishment of debt 173  
Loss (gain) on disposal of intangibles 7 (11)
Stock-based compensation 2,310 702
Write-down of inventory to net realizable value 84 0
Provision for losses on accounts receivable 699 20
Interest expense from contingent beneficial conversion feature 26,061 0
Common stock warrant liability adjustment (5,792) 0
Preferred stock warrant liability adjustment 5,578 (9)
Changes in operating assets and liabilities:    
Accounts receivable (14,750) (2,060)
Prepaid expenses and other assets (5,000) (590)
Inventory (2,397) (2,301)
Accounts payable 64 8,409
Accrued and other expenses 6,793 3,775
Deferred related party convertible notes payable interest 186 258
Deferred revenues 272 489
Deferred rent (64) (14)
Net cash (used in) provided by operating activities (34,703) 4,674
Cash flows from investing activities    
Purchase of property and equipment (883) (884)
Purchase of intangible assets (87) (56)
Internally developed software (590) 0
Net cash used in investing activities (1,560) (940)
Cash flows from financing activities    
Proceeds from lines of credit 8,182 10,533
Payments on line of credit (6,757) (11,266)
Proceeds from issuance of long-term debt 5,000 1,000
Proceeds from financed insurance premium 5,526 637
Payments on financed insurance premium (1,910) (191)
Payments for extinguishment of debt (9) 0
Payments for cash payout of stock options as a result of the Merger 9,890 0
Proceeds from Paycheck Protection Program loan 0 2,075
Proceeds from exercise of common stock options 345 87
Proceeds from reverse recapitalization and PIPE financing, net of $11,836 and $0, respectively, of transaction costs 133,663 0
Net cash provided by financing activities 134,150 2,875
Net change in cash and cash equivalents 97,887 6,609
Cash and cash equivalents at beginning of period 17,009 11,736
Cash and cash equivalents at end of period 114,896 18,345
Supplemental disclosure of cash flow information:    
Cash paid for interest 538 337
Supplemental disclosure of non-cash financing activities:    
Conversion of redeemable convertible preferred stock to common stock 47,188 0
Conversion of related party convertible notes to common stock 33,183 0
Payments for cash payout of stock options as a result of the Merger 22,806  
Issuance of common stock warrants in connection with debt amendment and new debt issuance 0 226
Unpaid purchases of property and equipment 0 36
Unpaid purchases of intangibles $ 38 $ 13