XML 17 R7.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (4,135) $ (4,239)
Adjustments to reconcile net loss to net cash used in operating activities:    
Common stock issued for services 26 7
Share-based compensation 484 419
Reserve for share-based compensation tax withholdings (38)  
Depreciation and amortization 138 231
Impairment of intangible assets 17 14
Gain from sale of fixed assets   (5)
Right of use asset amortization 64 105
Realized gain from marketable securities   (79)
Lease amendments (3) (14)
Change in operating assets and liabilities:    
Contract assets 39 13
Accounts receivable (462) (8)
Prepaid expenses and other assets (260) (116)
Accounts payable, accrued liabilities, and lease liabilities 1,091 6
Accrued compensation and related taxes 23 329
Contract liabilities (942) 1,554
Net cash used in operating activities (3,958) (1,783)
Cash flows from investing activities:    
Acquisition of fixed assets (18)  
Disbursements for patents and other intangible assets (159) (95)
Proceeds from sale of fixed assets   5
Purchases of held-to-maturity short-term U.S. treasuries   (2,162)
Redemption of held-to-maturity short-term U.S. treasuries   4,847
Net cash provided by (used in) investing activities (177) 2,595
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering costs 12,967  
Taxes paid related to vesting of restricted stock units (31) (15)
Net cash provided by (used in) financing activities 12,936 (15)
Effect of exchange rate changes on cash and cash equivalents 1 (13)
Net change in cash and cash equivalents 8,802 784
Cash and cash equivalents, beginning of period 5,684 6,451
Cash and cash equivalents, end of period 14,486 7,235
Supplemental disclosure of cash flow information:    
Officer and employee equity awards for prior year accrued compensation 326 234
Prior year prepaid expenses repurposed to fixed assets as demonstration equipment   209
Non-cash impact of new lease $ 32 $ 34