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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Jan. 31, 2023
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cash flows from operating activities            
Net loss   $ (1,019) $ (5,450) $ (4,551) $ (11,418)  
Adjustments to reconcile net loss to net cash used in operating activities:            
Depreciation and amortization       354 472  
Provision for inventory obsolescence       178 139  
(Gain) loss on disposal of property and equipment       (2,692) 47  
Stock based compensation       2,849 3,364  
Provision for allowance for doubtful accounts       55 284  
Non-cash interest expense       209 0  
Non-cash lease expense       22 0  
Changes in operating assets and liabilities:            
Trade receivables       (1,441) 2,236  
Prepaid expenses and other assets       (57) (549)  
Income tax receivables $ (200)     (207) 0  
Inventories       534 (3,187)  
Accounts payable       (26) 33  
Accrued and other liabilities       (1,960) (1,811)  
Net cash used in operating activities       (6,733) (10,390) $ (20,300)
Cash flows from investing activities            
Purchases of property and equipment       (266) (680)  
Proceeds from sale of property and equipment       7,267 0  
Net cash provided by (used in) investing activities       7,001 (680)  
Cash flows from financing activities            
Proceeds from stock option exercises       56 208  
Proceeds from term loan       9,289 0  
Payment of debt issuance costs       (1,754) 0  
Proceeds from issuance of warrants       586 0  
Repayment of finance lease liabilities       (19) (108)  
Net cash provided by financing activities       8,158 100  
Effect of exchange rates on cash       (139) 163  
Net change in cash and cash equivalents       8,287 (10,807)  
Cash and cash equivalents, beginning of period $ 10,192     10,192 30,870 30,870
Cash and cash equivalents, end of period   $ 18,479 $ 20,063 18,479 20,063 $ 10,192
Cash paid for:            
Interest       431 11  
Income taxes       227 8  
Non cash activities:            
Right-of-use assets capitalized and operating lease liabilities recognized upon execution of lease       4,917 0  
Right-of-use assets capitalized and operating lease liabilities recognized upon lease modification       0 600  
Right-of-use assets capitalized and finance lease liabilities recognized upon execution of lease       $ 0 $ 103