v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (5,439) $ (5,441)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 502 389
Loss on disposal of property and equipment 3 0
Amortization of intangible assets 2,269 2,248
Stock-based compensation 3,575 3,004
Change in fair value of contingent consideration 0 1,660
Deferred tax liability 24 (2,285)
Changes in operating assets and liabilities:    
Trade accounts receivable 1,305 (4,442)
Inventory (396) (3,859)
Prepaid expenses and other current assets (733) 104
Other assets 109 (31)
Accounts payable 2,353 2,217
Accrued compensation (54) (1,041)
Accrued liabilities and other (1,383) 568
Lease liabilities (52) (12)
Net cash provided by (used in) operating activities 2,083 (6,921)
Cash flows from investing activities:    
Cash paid for acquisition, net of cash acquired 0 (14,185)
Purchases of property and equipment (634) (542)
Proceeds from sale of equipment 10 0
Net cash used in investing activities (624) (14,727)
Cash flows from financing activities:    
Repurchases of common stock 0 (97)
Cash paid for business acquisition (7,015) 0
Proceeds from issuance of common stock, net 235 2,526
Net cash (used in) provided by financing activities (6,780) 2,429
Net decrease in cash, cash equivalents and restricted cash (5,321) (19,219)
Cash, cash equivalents, and restricted cash; beginning of period 14,686 38,348
Cash, cash equivalents, and restricted cash; end of period 9,365 19,129
Supplemental disclosure of cash flow information:    
Taxes paid 196 89
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets recorded upon adoption of ASC 842 0 3,199
Leased liabilities recorded upon adoption of ASC 842 0 3,519
Operating lease liabilities resulting from right-of-use assets 364 0
Accrual of property and equipment 19 21
Cash and cash equivalents 9,190 18,954
Restricted cash included in prepaid expenses and other current assets and other assets long term 175 175
Total cash, cash equivalents, and restricted cash $ 9,365 $ 19,129

Source