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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Oct. 31, 2023
Cash Flows from operating activities:      
Net loss $ (10,711) $ (7,418)  
Adjustments to reconcile net loss to net cash used in operating activities      
Non-cash interest expense 164 1,161  
Loss on extinguishment of debt 366    
Change in fair value of warrant liabilities   1,185  
Change in fair value of convertible debenture embedded derivative liabilities   307  
Non-cash lease expense 27    
Unrealized foreign currency losses (gains) 66 (82)  
Share-based compensation expense 291 20  
Depreciation of property and equipment 80 46  
Changes in operating assets and liabilities:      
Investment tax credit receivable 1,213 (388)  
Prepaid expenses and other assets (1,271) (60)  
Accounts payable 217 827  
Accrued expenses and other liabilities 2,151 (1,821)  
Lease liabilities 37    
Net cash used in operating activities (7,370) (6,223)  
Investing activities      
Purchases of property and equipment (506) (13)  
Net cash used in investing activities (506) (13)  
Financing activities      
Payment of transaction costs in connection with the Reverse Recapitalization and PIPE Financing (613) (10)  
Proceeds from issuance of term loan 22,500    
Repayments of term loan principal (9,445)    
Payments of debt issuance costs associated with the term loan (442)    
Net cash provided by (used in) financing activities 12,000 (10)  
Effect of exchange rate changes on cash and cash equivalents 1 1  
Net increase in cash and cash equivalents 4,125 (6,245)  
Cash and cash equivalents at beginning of period 81,521 20,434 $ 20,434
Cash and cash equivalents at end of period 85,646 14,189 $ 81,521
Supplemental cash flow information:      
Cash paid for interest 283    
Supplemental disclosure of non-cash investing and financing activities      
Term loan issuance costs included in accrued expenses and accounts payable 143    
Warrant value issued as part of Amended Term Loan 319    
Right of Use Assets obtained in exchange for lease liabilities $ 1,904    
Deferred transaction costs included in accrued expenses and accounts payable   $ 62