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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating Activities:    
Net Loss $ (7,790) $ (13,891)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,648 1,659
Gain on disposal of fixed assets 8 0
Provision for credit losses 89 69
Stock-based compensation 343 972
Non-cash lease costs 472 328
Note 1 and 2 interest accretion up to the redemption common stock settlement amount and debt issuance costs (990) 930
Other non-cash interest 171 729
Changes in operating assets and liabilities:    
Accounts receivable 106 97
Prepaid expenses and other assets 89 1,214
Accounts payable and accrued expenses (461) 411
Operating lease liabilities (269) (269)
Deferred revenue 291 (16)
Net cash used in operating activities (6,293) (7,767)
Investing Activities:    
Purchases of property and equipment (533) (157)
Capitalized software development (1,195) (1,291)
Deposit on financed equipment (81) 0
Net cash used in investing activities (1,809) (1,448)
Financing Activities:    
Proceeds from notes payable 1,838 0
Payments of notes payable (1,938) (400)
Reduction of finance lease liabilities (504) (290)
Proceeds from public stock offering, net of fees 9,800 4,678
Proceeds from sale of common stock and warrants, net of fees 2,619 2,346
Proceeds from warrant inducements 847 0
Proceeds from sale of stock under the standby equity purchase agreement 150 0
Proceeds from stock options exercised 0 8
Proceeds related to the issuance of common stock under stock purchase plan 2 2
Withholdings related to stock-based compensation awards 0 (5)
Net cash provided by financing activities 12,814 6,339
Net increase (decrease) in cash and cash equivalents 4,712 (2,876)
Cash and cash equivalents at beginning of year 139 3,015
Cash and cash equivalents at end of year 4,851 139
SUPPLEMENTAL DISCLOSURE OF CASH FLOW ACTIVITIES:    
Cash paid for interest 21 229
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Capitalized assets and capitalized software included in accounts payable (300) 307
Common stock issued to reduce notes payable 200 550
Assets modified / acquired under a right of use (“ROU”) operating lease 47 1,461
Assets modified / acquired under a ROU finance lease 694 0
Preferred stock issued to reduce notes payable 9,275 0
Preferred Return on Preferred Stock 781
Redemption of Preferred Stock in conjunction with issuance of note payable 100
Common stock used for minority investment in company 100 0
Common stock issued to settle accounts payable 360 0
Accounts payable on capitalized assets settled with vendor 116 0
Exchanges of preferred stock for common stock 6,734 0
Amortization of preferred stock exchange premium $ 624 $ 0