XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net loss $ (140) $ (1,458)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation 161 154
Amortization 31 30
Non-cash interest income on held-to-maturity securities (72) (203)
Stock-based compensation, net of forfeitures 228 187
Changes in operating assets and liabilities:    
Accounts receivable (334) 966
Employee retention credit receivable (1,677) 0
Inventory (24) (135)
Prepaid expenses, other current assets and other non-current assets 367 114
Accounts payable 524 383
Accrued liabilities and other non-current liabilities (1,728) (21)
Net cash (used in) provided by operating activities (2,664) 17
Investing Activities    
Purchases of equipment and patents (204) (103)
Purchases of debt securities (11,107) (9,685)
Maturities of debt securities 7,000 1,500
Net cash used in investing activities (4,311) (8,288)
Financing Activities    
Taxes paid on behalf of award participants (95) 0
Proceeds from exercise of stock options 0 42
Net cash (used in) provided by financing activities (95) 42
Effect of exchange rate fluctuations on cash (104) 35
Net decrease in cash and cash equivalents (7,174) (8,194)
Cash and cash equivalents at beginning of period 17,578 23,328
Cash and cash equivalents at end of period $ 10,404 $ 15,134