v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ (2,521) $ 237
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 168 131
Impairment of Fixed Assets 8
Amortization of intangible assets 757 716
Stock-based compensation 1,241 928
Deferred tax liability 8 (2,302)
Changes in operating assets and liabilities:    
Trade accounts receivable 2,578 (3,944)
Inventory 230 278
Prepaid expenses and other current assets (175) (451)
Other assets 7 27
Accounts payable 1,572 1,179
Accrued compensation (735) (1,263)
Accrued liabilities and other 943 527
Lease liabilities 71 17
Net cash provided by (used in) operating activities 4,152 (3,920)
Cash flows from investing activities:    
Cash paid for acquisition, net of cash acquired (14,185)
Purchases of property and equipment (128) (61)
Net cash used in investing activities (128) (14,246)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net 120 1,451
Net cash provided by financing activities 120 1,451
Net increase (decrease) in cash, cash equivalents and restricted cash 4,144 (16,715)
Cash, cash equivalents, and restricted cash; beginning of period 14,686 38,348
Cash, cash equivalents, and restricted cash; end of period 18,830 21,633
Supplemental disclosure of cash flow information:    
Taxes paid 38
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets recorded upon adoption of ASC 842 3,199
Leased liabilities recorded upon adoption of ASC 842 3,519
Operating lease liabilities resulting from right-of-use assets 197
Accrual of property and equipment 13
Cash and cash equivalents and restricted cash 18,655 21,458
Restricted cash included in current and other assets 175 175
Total cash, cash equivalents, and restricted cash $ 18,830 $ 21,633

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