XML 18 R9.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (9,165) $ (7,204)
Adjustments to reconcile net loss to net cash used in operating activities:    
Allowance for credit losses (12) (10)
Provision for excess and obsolete inventories 94 89
Non-cash lease expense 290 281
Change in fair value of contingent consideration (324) (830)
Depreciation and amortization 505 510
Stock-based compensation 1,496 1,299
Amortization of premium on investments (2) 12
Changes in assets and liabilities:    
Accounts receivable 399 (291)
Inventories 744 (966)
Prepaid expenses and other assets 164 (81)
Accounts payable (159) 205
Accrued expenses and other liabilities (325) (1,387)
Net cash used in operating activities (6,295) (8,373)
Cash flows from investing activities:    
Maturities of short-term investments 2,750 4,250
Purchases of property and equipment (624) (224)
Net cash provided by investing activities 2,126 4,026
Cash flows from financing activities:    
Proceeds from issuance of common stock under At-the-Market offering, net of offering costs of $389 153  
Proceeds from issuance of common stock under employee stock plans 1,473 179
Net cash provided by financing activities 1,626 179
Net decrease in cash and cash equivalents (2,543) (4,168)
Cash and cash equivalents at beginning of the period 27,212 36,971
Cash and cash equivalents at end of the period 24,669 32,803
Non-cash investing and financing activities:    
Operating lease right-of-use assets exchanged for lease obligations 637 376
Supplemental cash flow information:    
Net cash paid for income taxes $ 61 $ 82