XML 15 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
May 31, 2021
May 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) for the period $ 1,765 $ (10,346)
Adjustments to reconcile net (income) loss to net cash used in operating activities:    
Stock-based compensation expense 1,546 648
Forgiveness of Paycheck Protection Program loan (190)  
Accretion of debt discounts   755
Loss on extinguishment of debt   6,027
Warrant inducement   845
Write-down of inventory 177 3
Issuance of common shares for services   119
Shares to be issued for services   43
Depreciation and amortization 217 77
Amortization of debt issuance costs 9  
Operating lease costs 83 29
Selling loss on sales-type lease 33  
Changes in assets and liabilities, net of acquisition:    
Accounts receivable 138 82
Deferred revenue (3,227) 137
Inventory (1,407) (239)
Prepaid expenses and other current assets 422 (48)
Net investment in sales-type lease (6)  
Other assets (1)  
Accounts payable and accrued liabilities (2,358) 147
Operating lease liabilities (65) (130)
Accrued interest   234
NET CASH USED IN OPERATING ACTIVITIES (2,864) (1,617)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of patent rights (37) (80)
Cash paid for Roboro acquisition, net of cash acquired   (489)
Cash paid for asset acquisition, net of cash acquired (3,702)  
Purchases of property and equipment (116) (147)
NET CASH USED IN INVESTING ACTIVITIES (3,855) (716)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from warrant exercises 1,217 3,218
Proceeds from stock option exercises 35  
Payment of debt issuance costs (83)  
Proceeds from Roboro sellers for common stock   500
Proceeds from Paycheck Protection Program loan   190
Proceeds from line of credit 1,500  
NET CASH PROVIDED BY FINANCING ACTIVITIES 2,669 3,908
Effects of foreign currency exchange rate changes (261) 58
NET INCREASE (DECREASE) IN CASH AND RESTRICTED CASH FOR THE PERIOD (4,311) 1,633
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD 9,656 1,174
CASH AND RESTRICTED CASH, END OF PERIOD 5,345 $ 2,807
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid $ 14