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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income (loss) $ 9,871 $ (6,652)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 43 54
Loss on disposal of fixed assets 82 0
Stock-based compensation 942 449
Issuance of common stock as compensation in lieu of cash 46 0
Deferred stock issuance costs 364 0
Application of rent deposit in lieu of cash payments 0 89
Gain on extinguishment of debt and derivative liability, net (1,270) 0
Change in fair value of derivative liabilities (16,558) (369)
Change in assets and liabilities:    
Accounts receivable 133 184
Inventory (45) 593
Other assets (264) 36
Operating lease right-of-use assets (31) (13)
Accounts payable (304) 863
Deferred revenue 302 (374)
Accrued expense (116) 37
Pension obligation 41 124
Net cash used in operating activities (6,764) (4,979)
Cash flows from investing activities    
Purchase of property and equipment (48) 0
Net cash used in investing activities (48) 0
Cash flows from financing activities    
Proceeds from issuance of Common Stock, net 100 2,296
Proceeds from issuance of related party notes payable 0 900
Proceeds from issuance of note payable to bank 0 3,758
Dividends paid (25) (25)
Proceeds from exercised stock options 0 0
Net cash provided by financing activities 75 6,929
Effect of exchange rate changes on cash and cash equivalents 64 (74)
Net increase (decrease) in cash and cash equivalents (6,673) 1,876
Cash and cash equivalents at beginning of period 8,345 1,030
Cash and cash equivalents at end of period 1,672 2,906
Supplemental disclosure of cash flow information:    
Cash paid for interest 0 35
Cash paid for income taxes 0 0
Summary of non-cash investing and financing activities:    
Issuance of common stock for financing facility 70 400
Conversion of Preferred Stock into Common Stock 70 400
Conversion of Series A-1 Preferred to Common Stock [Member]    
Summary of non-cash investing and financing activities:    
Issuance of common stock for financing facility 739 5
Conversion of Preferred Stock into Common Stock 739 5
Exchange of Series A Preferred Stock for Series A-1 Preferred Stock [Member]    
Summary of non-cash investing and financing activities:    
Preferred stock exchange 0 2,272
Conversion of Series A Preferred to Common Stock [Member]    
Summary of non-cash investing and financing activities:    
Issuance of common stock for financing facility 745 0
Conversion of Preferred Stock into Common Stock 745 0
Series A Preferred Stock [Member]    
Summary of non-cash investing and financing activities:    
Stock dividends 150 25
Series A-1 Preferred Stock [Member]    
Summary of non-cash investing and financing activities:    
Stock dividends 108 0
Series C Preferred Stock [Member]    
Summary of non-cash investing and financing activities:    
Stock dividends 0 575
Accretion of discount on Convertible Redeemable Preferred Stock 0 517
Series D Preferred Stock [Member]    
Summary of non-cash investing and financing activities:    
Stock dividends 748 0
Accretion of discount on Convertible Redeemable Preferred Stock $ 3,549 $ 0