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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net loss $ (2,209) $ (1,886)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,634 1,629
Deferred income taxes 84  
Stock-based compensation expense 2,039 2,023
Loss on disposal of property and equipment and intangibles   3
Change in fair value of earn-out liability   660
Changes in assets and liabilities, net of acquisition:    
Accounts receivable 2,682 3,806
Net investment in leases (129) 2,349
Inventories 1,683 3,110
Income taxes (693) (2,919)
Prepaid expenses and other assets (787) (1,056)
Right of use operating lease assets 2 71
Accounts receivable, non-current 3,983 3,078
Accounts payable (1,396) (403)
Accrued payroll and related taxes (5,766) (5,636)
Accrued expenses and other liabilities (203) (5,331)
Net cash provided by (used in) operating activities 924 (502)
Cash flows from investing activities    
Purchases of property and equipment (482) (241)
Intangible assets expenditures (20) (50)
Net cash used in investing activities (502) (291)
Cash flows from financing activities    
Payments on note payable (750) (750)
Proceeds from exercise of common stock options 1  
Proceeds from issuance of common stock at market   34,625
Net cash (used in) provided by financing activities (749) 33,875
Net (decrease) increase in cash and cash equivalents (327) 33,082
Cash and cash equivalents - beginning of period 61,033 21,929
Cash and cash equivalents - end of period 60,706 55,011
Supplemental cash flow disclosure    
Cash paid for interest 583 927
Cash paid for taxes 54 6
Capital expenditures incurred but not yet paid $ 225 $ 10