XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash flows from operating activities:              
Net loss $ (2,486) $ (2,821) $ (2,473) $ (1,642) $ (5,307) $ (4,115)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Other income 0   0   (30) 0  
Gain on forgiveness of Paycheck Protection Program loan 0   0   0 (801)  
Depreciation 43   53   87 100  
Stock-based compensation 54   208   98 348  
Provision for doubtful accounts receivable 5   2   (4) 8  
Provision for slow-moving and obsolete inventories (185)   (28)   (56) 61  
Provision for warranties 51   0   21 12  
Amortization of loan discounts and origination fees 91   59   160 97  
Changes in operating assets and liabilities (sources / (uses) of cash):              
Accounts receivable 184   358   101 890  
Inventories 384   (586)   754 (2,549)  
Short-term deposits 47   137   59 149  
Prepaid and other assets 96   (32)   116 (28)  
Accounts payable (777)   (869)   (716) 82  
Accrued and other liabilities (149)   (149)   (360) (358)  
Deferred revenue 0   (2)   (268) (1)  
Total adjustments (156)   (849)   (38) (1,990)  
Net cash used in operating activities (2,642)   (3,322)   (5,345) (6,105)  
Cash flows from investing activities:              
Acquisitions of property and equipment (2)   (102)   (37) (211)  
Net cash used in investing activities (2)   (102)   (37) (211)  
Cash flows from financing activities (sources / (uses) of cash):              
Proceeds from the issuance of common stock and warrants 3,500   5,000   3,500 5,000  
Proceeds from the exercise of warrants 0   0   0 527  
Offering costs paid on the issuance of common stock and warrants (334)   (469)   (334) (469)  
Principal payments under finance lease obligations 0   (1)   (1) (2)  
Proceeds from exercise of stock options and employee stock purchase plan purchases 5   59   5 59  
Common stock withheld in lieu of income tax withholding on vesting of restricted stock units 0   0   0 (2)  
Deferred financing costs paid (234)   (30)   (234) (30)  
Net payments on the credit line borrowings - Credit Facilities (1,170)   (1,871)   (273) (791)  
Net cash provided by financing activities 3,357   4,203   3,638 5,807  
Net increase (decrease) in cash and restricted cash 713   779   (1,744) (509)  
Cash and restricted cash, beginning of period 225 2,682 890 2,178 2,682 2,178 $ 2,178
Cash and restricted cash, end of period 938 225 1,669 890 938 1,669 2,682
Classification of cash and restricted cash:              
Cash 938   1,327   938 1,327 2,682
Restricted cash held in other assets 0   342   0 342  
Cash and restricted cash 938 $ 225 1,669 $ 890 938 1,669 $ 2,682
2021 Streeterville Note              
Cash flows from financing activities (sources / (uses) of cash):              
Proceeds from notes payable 0   1,515   0 1,515  
Payments on the 2021 Streeterville note (410)   0   (1,025) 0  
2022 Streeterville Note              
Cash flows from financing activities (sources / (uses) of cash):              
Proceeds from notes payable $ 2,000   $ 0   $ 2,000 $ 0