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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities:    
Net loss $ (8,119) $ (8,854)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 616 217
Bad debt expense 0 26
Stock-based compensation 876 1,010
Noncash lease costs 150 121
Amortization of debt issuance costs 133 0
Accretion of interest on notes payable 306 0
Gain on extinguishment of debt 0 (635)
Gain on lease termination (420) 0
Changes in operating assets and liabilities:    
Accounts receivable (255) (461)
Prepaid expenses and other assets (425) (96)
Accounts payable and accrued expenses 141 1,150
Operating lease liabilities (882) (45)
Deferred revenue 754 993
Net cash used in operating activities (7,125) (6,574)
Investing Activities:    
Capitalization of software development (350) 0
Purchases of property and equipment (126) (806)
Purchases of intangible assets – domain name 0 (85)
Net cash used in investing activities (476) (891)
Financing Activities:    
Proceeds from notes payable, net of issuance costs 9,290 0
Proceeds from stock options exercised 66 168
Proceeds from public stock offering net of fees 1,204 0
Reduction of finance lease liability (41) (70)
Net cash provided by financing activities 10,519 98
Net increase (decrease) in cash and cash equivalents 2,918 (7,367)
Cash and cash equivalents at beginning of period 4,100 16,704
Cash and cash equivalents at end of period 7,018 9,337
SUPPLEMENTAL DISCLOSURE OF CASH FLOW ACTIVITIES:    
Cash paid for interest 0 3
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:    
Common stock issued for lease termination 200 0
Assets acquired under a right of use (“ROU”) operating lease 0 31
Assets acquired under a ROU finance lease $ 0 $ 213