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, 2022
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net loss $ (10,386) $ (7,603)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 247 176
Provision for bad debts 143 (79)
Inventory write-offs and disposals (42) (103)
Amortization of discounts on lines of credit 47 84
Amortization of debt issuance costs 84 193
Patent litigation mark-to-market 0 161
Stock-based compensation 1,100 1,297
Gain on debt forgiveness 0 (3,014)
Changes in operating assets and liabilities:    
Accounts receivable (1,986) (682)
Inventory (3,602) (1,455)
Prepaid expenses and other current assets (236) 438
Accounts payable and accrued liabilities (232) 471
Deferred revenue 230 108
Net cash and cash equivalents used in operating activities (14,633) (10,008)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (578) (311)
Net cash and cash equivalents used in investing activities (578) (311)
Cash Flows from Financing Activities:    
Proceeds from the sale of common stock 5,849 13,291
Payments of equity offering costs (6)
Principal payment on loan (1,000)
Proceeds from the exercise of common stock warrants 16,550
Payment of debt issuance costs (24)
Net cash and cash equivalents provided by financing activities 4,849 29,811
Effect of exchange rate changes (264) (83)
(Decrease) increase in cash, cash equivalents and restricted cash (10,626) 19,409
Cash, cash equivalents and restricted cash, beginning of period 30,175 17,876
Cash, cash equivalents and restricted cash, end of period 19,549 37,285
Supplemental cash flow disclosure:    
Cash paid for interest 743 886
Cash received for interest 17 29
Cash paid for income taxes 46 130
Cash paid for operating leases 135 263
Non-cash settlement of liability 0 510
Non-cash right-of-use assets obtained in exchange for lease obligation 562 48
Deemed dividend on preferred stock $ 217 $ 0