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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (14,176) $ (4,551)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 313 354
Provision for inventory obsolescence 60 178
Loss (gain) on disposal of property and equipment 20 (2,692)
Stock based compensation 2,178 2,849
Allowance for credit losses 45 55
Non-cash lease expense 62 22
Non-cash interest expense 443 209
Changes in operating assets and liabilities:    
Trade receivables 1,187 (1,441)
Prepaid expenses and other assets 666 (57)
Income tax receivables 0 (207)
Inventories 547 534
Accounts payable (345) (26)
Accrued and other liabilities (1,670) (1,960)
Net cash used in operating activities (10,670) (6,733)
Cash flows from investing activities    
Purchases of property and equipment (324) (266)
Proceeds from sale of property and equipment 0 7,267
Net cash (used in) provided by investing activities (324) 7,001
Cash flows from financing activities    
Proceeds from stock option exercises 0 56
Proceeds from long-term debt 0 9,289
Payment of debt issuance costs 0 (1,754)
Proceeds received from issuance of warrants 0 586
Repayment of finance lease liabilities (10) (19)
Net cash (used in) provided by financing activities (10) 8,158
Effect of exchange rates on cash 30 (139)
Net change in cash and cash equivalents (10,974) 8,287
Cash and cash equivalents, beginning of period 43,652 10,192
Cash and cash equivalents, end of period 32,678 18,479
Cash paid for:    
Interest 2,371 431
Income taxes 180 227
Non cash activities:    
Right-of-use assets capitalized and operating lease liabilities recognized upon execution of lease $ 0 $ 4,917