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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:        
Net loss $ (16,363) $ (23,657) $ (20,131) $ (640)
Adjustments to reconcile net loss to cash flows used in operations:        
Gain on legal settlement     (7,385)
Depreciation 62 65 86 101
Amortization of right-of-use assets 541 390 560 653
Amortization of acquired intangible assets 325 314 418 418
Realized/unrealized loss in investment, related party 12 6,635 7,421 (1,747)
Change in fair value of contingent consideration 100 100 (3,800)
Change in fair value of warrant liabilities (1,329) (2,001) (6,456) (19,017)
Warrant inducement expense     1,045 2,629
Excess of warrant fair value over offering proceeds     2,272
Stock-based compensation 720 817 1,045 1,852
Provision for inventory obsolescence     100
Allowance for credit losses 111 158 122 106
Loss on debt extinguishment 316    
Non-cash interest expense 248 296 402 358
Changes in operating assets and liabilities:        
Accounts receivable 177 (204) (1,536) (70)
Other receivables, related party 19 3,652 6,470 4,990
Prepaid expenses and other assets 34 347 174 4,154
Other assets, related party 5,159 (5,159)
Inventories 4,380 (8,900) (3,750) (2,810)
Accounts payable and related party payables (3,318) 6,137 6,415 912
Operating lease liabilities (511) (375) (657) (781)
Accrued expenses and other liabilities 164 197 (6,351) (3,607)
Cash flows used in operating activities (9,253) (16,029) (24,895) (16,199)
Cash flows from investing activities        
Purchases of investment, related party     (5,118)
Sales of equity investment, related party 57 560 624
Purchase of intangible assets (50)    
Purchases of property and equipment (9) (14) (5) (38)
Cash flows provided by (used) in investing activities (2) 546 619 (5,156)
Cash flows from financing activities        
Proceeds from line of credit 13,546 21,448
Repayment of line of credit (357) (11,849)    
Proceeds from short term debt     3,800
Payment of principal short-term debt (3,958) (21,344)  
Proceeds from issuance of series B-1 preferred stock and warrants to purchase series B-3 preferred stock, net of issuance costs 7,662 4,507 9,391
Proceeds from issuance of series B-3 from exercise of warrants 7,438 4,630
Cash flows provided by financing activities 10,785 1,697 8,411 14,021
Net increase (decrease) in cash and cash equivalents 1,530 (13,786) (15,865) (7,334)
Cash, cash equivalents and restricted cash, at the beginning of the period 1,543 17,408 17,408 24,742
Cash, cash equivalents and restricted cash, at the end of the period 3,073 3,622 1,543 17,408
Supplemental disclosure of cash flow information        
Interest paid 1,722 31 125 1
Interest paid, related party 22 22
Income taxes paid, net 25 21 15 32
Supplemental non-cash financing activities        
Release of start-up cost financing obligation as part of legal settlement     (7,300)
Release of contingent consideration obligation as part of legal settlement     (2,500)
Transfer of investment as part of legal settlement     2,415
Addition of right-of-use assets in exchange for operating lease liabilities     800 234
Conversion of warrant liability to equity in connection with exercise of warrants     6,840
Conversion of warrant liability to equity 5,372    
Addition of right-of-use assets in exchange for operating lease liabilities $ 27 $ 147 800 234
Issuance of common shares in exchange for investment, related party     $ 3,683