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, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (7,603) $ (10,704)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 176 488
Provision for bad debts (79) 1,008
Inventory write-offs and disposals (103) 0
Amortization of discounts on lines of credit 84 74
Amortization of debt issuance costs 193 121
Patent litigation mark-to-market 161 0
Stock-based compensation 1,297 1,519
Gain on debt forgiveness 3,014 0
Changes in operating assets and liabilities:    
Accounts receivable (682) 3,633
Inventory (1,455) (937)
Prepaid expenses and other current assets 438 (14)
Accounts payable and accrued liabilities 471 (3,835)
Deferred revenue 108 (692)
Net cash and cash equivalents used in operating activities (10,008) (9,339)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (311) (81)
Net cash and cash equivalents used in investing activities (311) (81)
Cash Flows from Financing Activities:    
Proceeds from the sale of common stock 13,291 3,881
Proceeds from sale of common stock warrants 0 3,031
Payments of equity offering costs (6) (991)
Borrowings on other long-term loans 0 3,140
Borrowings on credit facility 0 3,000
Repayment of credit facility 0 (3,000)
Fees paid for debt instruments 0 (50)
Proceeds from the exercise of common stock warrants 16,550 0
Payment of debt issuance costs (24) 0
Net cash and cash equivalents provided by financing activities 29,811 9,011
Effect of exchange rate changes (83) 57
Increase (decrease) in cash, cash equivalents and restricted cash 19,409 (352)
Cash, cash equivalents and restricted cash, beginning of period 17,876 6,101
Cash, cash equivalents and restricted cash, end of period 37,285 5,749
Supplemental cash flow disclosure:    
Cash paid for interest 886 466
Cash received for interest 29 0
Cash paid for income taxes 130 26
Cash paid for operating leases 263 188
Non-cash accrual for capital expenditures 0 35
Non-cash settlement of liability 510 0
Non-cash right-of-use assets obtained in exchange for lease obligation 48 570
Warrants issued in connection with debt instruments $ 0 $ 67