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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2023
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Cash flows from operating activities        
Net loss   $ (3,532) $ (5,968)  
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization   203 225  
Provision for inventory obsolescence   0 85  
Loss on disposal of property and equipment   0 26  
Stock based compensation   1,367 1,650  
Provision for allowance for doubtful accounts   (142) 140  
Non-cash interest expense   67 0  
Changes in operating assets and liabilities:        
Trade receivables   837 475  
Prepaid expenses and other assets   858 649  
Income tax receivables $ (200) (207) 0  
Inventories   879 (371)  
Accounts payable   (776) (51)  
Accrued expenses and other liabilities   (1,435) (1,378)  
Net cash used in operating activities   (1,881) (4,518) $ (20,300)
Cash flows from investing activities        
Purchases of property and equipment   (110) (279)  
Net cash used in investing activities   (110) (279)  
Cash flows from financing activities        
Proceeds from stock option exercises   0 152  
Proceeds from term loan   9,289 0  
Payment of debt issuance costs   (1,754) 0  
Proceeds from issuance of warrants   586 0  
Repayment of finance lease liabilities   (9) (54)  
Net cash provided by financing activities   8,112 98  
Effect of exchange rates on cash   (58) 63  
Net change in cash and cash equivalents   6,063 (4,636)  
Cash and cash equivalents, beginning of period $ 10,192 10,192 30,870 30,870
Cash and cash equivalents, end of period   16,255 26,234 $ 10,192
Cash paid for:        
Interest   1 8  
Income taxes   $ 125 $ 0