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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended 19 Months Ended
Dec. 31, 2024
Dec. 31, 2024
Jul. 30, 2024
Dec. 31, 2023
Jul. 30, 2024
Cash flows from operating activities:          
Net loss   $ (53,763) $ (21,278) $ (36,590)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization   740 646 532  
Non-cash operating lease expense   56 98 159  
Stock-based compensation     642 442  
Provision for inventory impairment   (4) 15 25  
Amortization of term loan discount     10 16  
Loss on disposal of property and equipment     62 3  
Impairment - Goodwill   30,324 0 0 $ 0
Impairment - Intangibles, net   18,878      
Change in fair value of convertible notes payable   (929) (2,059) 6,930  
Change in fair value of warrant liabilities   (6,576) (191) 42  
Net change in operating assets and liabilities:          
Accounts receivable, net   67 (32) (70)  
Inventory, net   1,399 (773) (2,976)  
Prepaid expenses and other current assets   (886) (95) 410  
Accounts payable   (1,933) (2,628) 2,821  
Accrued liabilities   127 511 886  
Accrued transaction costs   3 7,446 444  
Other accrued liabilities   1,001 1,734 1,435  
Operating lease liabilities   (56) (98) (161)  
Deferred taxes   (1,917)      
Net cash used in operating activities   (13,469) (15,990) (25,652)  
Cash flows from investing activities:          
Purchases of property and equipment   (1,280) (368) (333)  
Purchases of software       (7)  
Net cash used in investing activities   (1,280) (368) (340)  
Cash flows from financing activities:          
Proceeds from exercise of common stock options       18  
Proceeds from issuance of convertible notes payable     16,500 20,000  
Proceeds from term loan       3,000  
Repayment of non-convertible term loan     (867) (1,143)  
Net cash provided by financing activities     15,633 21,875  
Effect of foreign currency translation on cash and cash equivalents   181 24 (47)  
Net change in cash and cash equivalents   (14,568) (701) (4,164)  
Cash and cash equivalents, at beginning of period   35,154 1,383 5,547 5,547
Cash and cash equivalents, at end of period $ 20,586 $ 20,586 35,154 1,383 35,154
Supplemental disclosure of cash flow information:          
Cash paid for interest     85 208  
Supplemental disclosure of noncash investing and financing activities:          
Right-of-use assets obtained in exchange for lease liabilities     (216)    
Lease liabilities recorded for operating lease right-of-use assets     216    
Amount of term loan proceeds allocated to warrant liabilities       $ 36  
Exchange preferred stock for pre-funded warrants     $ 4,332    
Financial Designation, Predecessor and Successor [Fixed List] Successor Successor Predecessor Predecessor  
Prior to Effect of Business Combination          
Cash flows from financing activities:          
Cash and cash equivalents, at beginning of period   $ 682      
Cash and cash equivalents, at end of period     $ 682   $ 682