XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:    
Net loss $ (19,682) $ (6,596)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,104 93
Common stock issued for services 410 742
Change in fair value of contingent consideration liabilities 5,540 0
Employee stock-based compensation 2,000 445
Amortization of operating lease right of use asset 15 32
Other 27 0
(Increase) decrease in:    
Accounts receivable (602) (2,041)
Prepaid expenses and other current assets (846) 141
Inventory (8,244) (486)
Increase in:    
Accounts payable 1,293 816
Accrued expenses 919 335
Sales tax payable (24) (35)
Deferred revenue (24) 146
Net cash used in operating activities (18,114) (6,408)
Investing Activities:    
Working capital payment for acquisition (811) 0
Purchases of equipment (872) (498)
Funding of patent costs (129) (84)
Net cash used in investing activities (1,812) (582)
Financing Activities:    
Taxes paid related to net share settlement of equity awards (499) (630)
Proceeds from stock option exercises 0 11
Proceeds from warrant exercises 501 2,855
Payments of equity offering costs (344) 0
Net cash (used in) provided by financing activities (342) 2,236
Net decrease in cash (20,268) (4,754)
Cash at beginning of period 21,949 26,703
Cash at end of period 1,681 21,949
Supplemental Disclosure of Cash Flow Information:    
Cash paid for taxes 1 1
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Fair value of common stock issued as consideration for business combination 14,359 0
Purchase of property and equipment by incurring current liabilities 5 23
Depreciation cost capitalized into inventory 245 32
Right-of-use assets obtained in exchange for lease liabilities 192 0
Issuance of stock for Committed Equity Line $ 140 $ 0