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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net loss $ (20,334) $ (40,476)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 530 707
Share-based compensation 5,433 6,575
Common stock warrant liability adjustment (283) (1,935)
Amortization of right of use assets 667 602
Other adjustments, net 94 512
Changes in assets and liabilities:    
Accounts receivable 2,925 (13,922)
Prepaid expenses and other assets 4,103 8,756
Inventory 6,222 (11,392)
Accounts payable and accrued and other expenses (16,134) (4,499)
Other, net 20 (588)
Net cash used in operating activities (16,757) (55,660)
Cash flows from investing activities    
Purchase of property and equipment (6) (419)
Purchase of intangible assets (13) (824)
Net cash used in investing activities (19) (1,243)
Cash flows from financing activities    
Proceeds from issuance of preferred stock, net of $295 of paid transaction costs 29,793 0
Proceeds from short-term borrowings 52,531 22,583
Payments of short-term borrowings (51,189) (20,693)
Proceeds from Issuance of Long-Term Debt 500 0
Payments of long-term borrowings (1,500) (3,000)
Other, net 156 215
Net cash provided by (used in) financing activities 30,291 (895)
Net change in cash and cash equivalents 13,515 (57,798)
Cash and cash equivalents at beginning of period 11,231 95,054
Cash and cash equivalents at end of period $ 24,746 $ 37,256