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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:        
Net loss $ (1,498) $ (1,401) $ (4,449) $ (4,835)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:        
Depreciation 53 72 101 144
Amortization of intangible assets 131 231 292 491
Amortization of capitalized software development costs     167 167
Amortization of deferred financing costs     15 7
Amortization of debt discount     556 482
Loss on debt settled in shares     145 0
Stock-based compensation expense     531 1,101
Credit loss expense (2) 97 30 97
Change in fair value of derivative instruments, net     (240) (114)
Foreign currency transaction (gain) loss     135 187
Deferred income taxes     6 77
Changes in assets and liabilities:        
Contract receivables, net     (254) 1,578
Prepaid expenses and other assets     1,472 3,020
Accounts payable, accrued compensation and accrued expenses     1,724 379
Billings in excess of revenue earned     (992) (588)
Accrued warranty     (72) (138)
Other liabilities     10 (416)
Net cash (used in) provided by operating activities     (823) 1,639
Cash flows from investing activities:        
Capital expenditures     (13) (134)
Capitalized software development costs     (239) (206)
Net cash used in investing activities     (252) (340)
Cash flows from financing activities:        
Repayment of line of credit     0 (1,817)
Repayment of insurance premium financing     (486) (594)
Proceeds from issuance of long-term debt and warrants     1,800 5,750
Payments of debt issuance and original discount on issuance of long-term debt and warrants     (386) (968)
Principal repayment of convertible note     (768) 0
Tax paid for shares withheld     (77) (203)
Net cash provided by financing activities     83 2,168
Effect of exchange rate changes on cash     (29) (70)
Net (decrease) increase in cash, cash equivalents and restricted cash     (1,021) 3,397
Cash, cash equivalents and restricted cash at beginning of the period     4,376 3,550
Cash, cash equivalents and restricted cash at the end of the period 3,355 6,947 3,355 6,947
Cash and cash equivalents 1,775 5,364 1,775 5,364
Restricted cash, current 500 632 500 632
Restricted cash included in other long-term assets 1,080 951 1,080 951
Total cash, cash equivalents and restricted cash 3,355 6,947 3,355 6,947
Non-cash financing activities        
Repayment of convertible note in shares     1,293 0
Establishment of new right-of-use assets     1,294 0
Establishment of new operating lease liability     (333) 0
Discount on issuance of convertible note $ 300 $ 750 $ 300 $ 750