XML 12 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net loss $ (8,215) $ (13,461)
Adjustments to reconcile net loss to net cash used in operating activities:    
Bad debt expense 49 56
Inventory reserve 925 896
Depreciation and amortization 3,170 3,262
Stock-based compensation 1,802 2,140
Deferred taxes 41 (44)
Accrued interest income on short-term investments 54 0
Amortization of discount on short-term investments (355) 0
Amortization of debt financing costs 129 188
Other adjustment to loan exit fee (485) 0
Non-cash lease expense 61 94
Loss on disposal of property, plant, and equipment 19 49
Changes in operating assets and liabilities:    
Accounts receivable (877) (705)
Inventories (1,734) (289)
Prepaid expenses and other current assets (40) 413
Other non-current assets 34 206
Accounts payable 380 (389)
Accrued liabilities (1,152) (1,764)
Other (10) (48)
Cash used in operating activities (6,204) (9,396)
Investing activities:    
Purchases of short-term investments (9,735) 0
Maturities of short-term investments 16,000 0
Proceeds from sale of property, plant, and equipment 0 125
Purchases of property, plant, and equipment (413) (227)
Cash provided by investing activities 5,852 (102)
Financing activities:    
Proceeds from long-term debt 1,110 0
Payment of exit fee costs (1,110) 0
Payments related to equity financing 0 (37)
Repayment of financed insurance premiums (56) (409)
Proceeds from exercise of stock options 20  
Proceeds from issuance of common stock under employee stock purchase plan 56 81
Payment of debt issuance costs (100) (25)
Cash used in financing activities (80) (390)
Change in cash and cash equivalents (432) (9,888)
Cash and cash equivalents at beginning of period 3,708 28,484
Cash and cash equivalents at end of period 3,276 18,596
Supplemental cash flow disclosures:    
Income taxes paid 34 0
Interest paid, net of amounts capitalized 722 770
Capitalized property, plant, and equipment included in accounts payable and accrued liabilities 159 99
Issuance of common stock warrants 0 132
Recognition of operating right-of-use lease asset 146 1,293
Recognition of operating lease liabilities $ 146 $ 1,306