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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities:    
Net loss $ (7,199) $ (2,912)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Non-cash lease expense 147 142
Depreciation and amortization 328 419
Gain on disposal of property, equipment and software, net (12) 0
Amortization of debt issuance cost 19 19
Equity-based compensation 1,489 2,380
Changes in operating assets and liabilities:    
Accounts receivable, net (2,929) (3,239)
Inventories 3,929 (1,374)
Prepaid expenses and other assets 1,098 546
Accounts payable (2,112) 14,589
Accrued expenses and other current liabilities 2,180 (1,025)
Operating lease liabilities (140) (148)
Net cash (used in) provided by operating activities (3,202) 9,397
Investing activities:    
Purchases of property, equipment and software (33) (862)
Net cash used in investing activities (33) (862)
Financing activities:    
Proceeds from revolving line of credit 8,000 0
Repayment of revolving line of credit (8,000) 0
Proceeds from exercise of stock options 0 23
Net cash provided by financing activities 0 23
Net change from operating, investing, and financing activities (3,235) 8,558
Cash and cash equivalents at beginning of period 31,955 47,399
Cash and cash equivalents at end of period 28,720 55,957
Non-cash investing and financing activities    
Capital expenditures included in accounts payable 0 71
Conversion of Class B common stock to Class A common stock 5,266 724
Operating lease right-of-use assets obtained in exchange for lease liabilities 0 1,818
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest 26 19
Cash paid for income taxes $ 20 $ 52