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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 $ (7,590) $ (3,532)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 157 203
Provision for inventory obsolescence 7 0
Loss on disposal of property and equipment 20 0
Stock based compensation 1,128 1,367
Allowance for credit losses 0 (142)
Non-cash lease expense 31 0
Non-cash interest expense 221 67
Changes in operating assets and liabilities:    
Trade receivables 1,478 837
Prepaid expenses and other assets 241 858
Income tax receivables 0 (207)
Inventories 138 879
Accounts payable (599) (776)
Accrued expenses and other liabilities (1,573) (1,435)
Net cash used in operating activities (6,341) (1,881)
Cash flows from investing activities    
Purchases of property and equipment (35) (110)
Net cash used in investing activities (35) (110)
Cash flows from financing activities    
Proceeds from long-term debt 0 9,289
Payment of debt issuance costs 0 (1,754)
Proceeds from debt allocated to warrants 0 586
Repayment of finance lease liabilities (5) (9)
Net cash (used in) provided by financing activities (5) 8,112
Effect of exchange rates on cash 11 (58)
Net change in cash and cash equivalents (6,370) 6,063
Cash and cash equivalents, beginning of period 43,652 10,192
Cash and cash equivalents, end of period 37,282 16,255
Cash paid for:    
Interest 1,175 1
Income taxes $ 6 $ 125