Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows (Unaudited)

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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net loss $ (10,704) $ (8,799)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 488 529
Provision for bad debts 1,008 111
Amortization of discounts on lines of credit 74 109
Amortization of debt issuance costs 121 86
Stock-based compensation 1,519 1,204
Deferred income taxes   (5)
Changes in operating assets and liabilities:    
Accounts receivable 3,633 1,263
Inventory (937) (86)
Prepaid expenses and other current assets (14) 644
Accounts payable and accrued liabilities (3,835) (1,720)
Deferred revenue (692) 37
Net cash and cash equivalents used in operating activities (9,339) (6,627)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (81) (125)
Net cash and cash equivalents used in investing activities (81) (125)
Cash Flows from Financing Activities:    
Issuance of common stock 3,881  
Proceeds from the sale of common stock warrants 3,031  
Payments of equity offering costs (991) (38)
Borrowings on other long-term loans 3,140  
Borrowings under term loan   2,500
Borrowings on credit facility 3,000  
Repayment of credit facility (3,000)  
Fees paid for debt instruments (50)  
Proceeds from exercise of stock options   4
Net cash and cash equivalents provided by financing activities 9,011 2,466
Effect of exchange rate changes 57 (38)
Decrease in cash, cash equivalents and restricted cash (352) (4,324)
Cash, cash equivalents and restricted cash, beginning of period 6,101 8,356
Cash, cash equivalents and restricted cash, end of period 5,749 4,032
Supplemental cash flow disclosure:    
Cash paid for interest 466 831
Cash paid for income taxes 26 12
Cash paid for operating leases 188 414
Non-cash accrual for capital expenditures 35 17
Non-cash right-of-use assets obtained in exchange for lease obligation 570 824
Warrants issued in connection with debt instruments $ 67 $ 209