XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Activities:    
Net loss $ (2,748) $ (1,394)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 237 238
Amortization 80  
Non cash amortization of right-of-use asset and liability (68) (7)
Provision for excess and obsolete inventories 247 80
Share based compensation expense 399 247
Gain on disposal of property and equipment 0 2
Changes in assets and liabilities:    
Accounts receivable 47 6,100
Unbilled revenue 1,881 (958)
Inventories 847 (236)
Prepaid expenses and other current assets 7 (313)
Accounts payable (652) 1,281
Accrued expenses and other liabilities 197 403
Deferred revenue 59 18
Net cash provided by operating activities 533 5,541
Investing Activities:    
Purchases of property and equipment (1) (78)
Disposals of property and equipment 0 42
Net cash used in investing activities (1) (36)
Financing Activities:    
Change in bank line of credit 0 (2,050)
Payments on financing lease obligations (157) (195)
Proceeds from sale of common stock 0 168
Net cash used in financing activities (157) (2,077)
Net increase in cash, cash equivalents and restricted cash 375 3,428
Cash, cash equivalents and restricted cash at beginning of period 3,653 2,418
Cash, cash equivalents and restricted cash at end of period $ 4,028 $ 5,846