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, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net loss $ (10,717) $ (10,386)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 1,573 247
Provision for bad debts 42 143
Inventory write-offs and disposals 0 (42)
Amortization of debt issuance costs 214 131
Change in fair value of warrants (78) 0
Issuance costs for warrants 224 0
Stock-based compensation 775 1,100
Changes in operating assets and liabilities:    
Accounts receivable 82 (1,986)
Inventory (163) (3,602)
Prepaid expenses and other current assets 713 (236)
Accounts payable and accrued liabilities (1,903) (232)
Deferred revenue 18 230
Net cash and cash equivalents used in operating activities (9,220) (14,633)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (944) (578)
Net cash and cash equivalents used in investing activities (944) (578)
Cash Flows from Financing Activities:    
Proceeds from the sale of common stock and pre-funded warrants, net of fees 8,502 5,849
Proceeds from the sale of Series H Convertible Preferred Stock, net of fees 2,738 0
Proceeds from the sale of Series H warrants, net of fees 918 0
Principal payment on loan 0 (1,000)
Proceeds from the exercise of warrants 635 0
Net cash and cash equivalents provided by financing activities 12,793 4,849
Effect of exchange rate changes 120 (264)
Increase (decrease) in cash, cash equivalents and restricted cash 2,749 (10,626)
Cash, cash equivalents and restricted cash, beginning of period 4,181 30,175
Cash and cash equivalents, end of period 6,930 19,549
Supplemental cash flow disclosure:    
Cash paid for interest 930 743
Cash received for interest 5 17
Cash paid for income taxes 12 46
Cash paid for operating leases 159 135
Non-cash right-of-use assets obtained in exchange for lease obligation 483 532
Deemed dividend on preferred stock 0 217
Common stock issued upon exercise of preferred stock $ 10,980 $ 0