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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net loss $ (9,226) $ (17,213)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 540 688
Provision for inventory obsolescence 229 158
(Gain) loss on disposal of property and equipment (2,656) 76
Stock based compensation 4,200 5,056
Provision for allowance for doubtful accounts 176 283
Non-cash interest expense 354 0
Non-cash lease expense 56 0
Changes in operating assets and liabilities:    
Trade receivables (2,192) 3,273
Prepaid expenses and other assets (698) (521)
Income tax receivables 7,545 97
Inventories 401 (5,672)
Accounts payable (613) (439)
Accrued and other liabilities (1,153) (1,536)
Net cash used in operating activities (3,037) (15,750)
Cash flows from investing activities    
Purchases of property and equipment (440) (868)
Proceeds from sale of property and equipment 7,267 0
Net cash provided by (used in) investing activities 6,827 (868)
Cash flows from financing activities    
Proceeds from stock option exercises 86 365
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 (32) (138)
Contributions from non-controlling interest 147 0
Net cash provided by financing activities 8,322 227
Effect of exchange rates on cash (170) 354
Net change in cash and cash equivalents 11,942 (16,037)
Cash and cash equivalents, beginning of period 10,192 30,870
Cash and cash equivalents, end of period 22,134 14,833
Cash paid for:    
Interest 834 12
Income taxes 261 128
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 0 769
Right-of-use assets capitalized and finance lease liabilities recognized upon execution of lease 0 103
Right-of-use assets and finance lease liabilities derecognized upon execution of lease modification $ 0 $ 28