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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (13,198,308) $ (7,608,702)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 2,501,904 2,527,650
Stock issued in exchange for professional services 2,907,000
Paycheck protection program loan forgiveness (108,532)
Depreciation and amortization 1,844,196 454,876
Defined benefit plan obligation and other (5,644)
Provision for bad debts 47,262
Loss on disposal of property and equipment 3,712
Changes in assets and liabilities:    
Accounts receivable, net (944,064) (383,059)
Inventories, net (1,702,158) (206,031)
Prepaid expenses and other assets (846,691) (220,339)
Accounts payable (348,416) 587,482
Accrued expenses and other liabilities (290,443) (1,649,198)
Contract liabilities 1,168,007 141,644
Other 193,528
Net cash used in operating activities (11,628,089) (3,506,235)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (137,149) (210,576)
Acquisition related liabilities (2,936,501)
Acquisition of MicaSense, net of cash acquired (14,536,863)
Acquisition of Measure, net of cash acquired (9,445,258)
Capitalization of platform development costs (319,799) (369,060)
Capitalization of internal use software costs (610,643)
Net cash used in investing activities (4,004,092) (24,561,757)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Sales of Common Stock, net of issuance costs 4,583,341 34,961,104
Sale of Common Stock from exercise of warrants 8,305,368
Sale of Preferred Stock, Series F Convertible, net of issuance costs 9,920,000
Exercise of stock options 61,500 75,825
Net cash provided by financing activities 14,564,841 43,342,297
Effects of foreign exchange rates on cash flows (17,633)
Net (decrease) increase in cash (1,084,973) 15,274,305
Cash at beginning of period 14,590,566 23,940,333
Cash at end of period 13,505,593 39,214,638
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest cash paid
Income taxes paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock consideration for the senseFly Acquisition 3,000,000
Conversion of Preferred Stock, Series F Convertible to Common Stock 500
Issuance of Restricted Common Stock 302
Acquisition liability related to the MicaSense Acquisition 5,000,000
Stock consideration for the MicaSense Acquisition 3,000,000
Acquisition liability related to the Measure Acquisition 5,471,592
Stock consideration for the Measure Acquisition $ 24,375,000