Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
OPERATING ACTIVITIES      
Net income (loss) $ 5,706 $ (2,217)  
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:      
Depreciation and amortization 59 517  
Stock-based compensation 118 516  
Loss on disposal of fixed assets 0 99  
Note discount and interest expense 100 699  
Employee retention credit benefit 0 (1,993)  
Non-cash lease expense, net 26 0  
Benefit from reversal of accrued payroll taxes (Note 11) (6,171) 0  
Other 59 98  
Change in operating assets and liabilities:      
Accounts receivable, net 102 1,096  
Inventory 37 387  
Prepaid expenses and other 1,087 690  
Accounts payable and accrued expenses (148) (271)  
Net cash flows provided by (used in) operating activities 975 (379) $ (1,900)
FINANCING ACTIVITIES      
Proceeds from issuance of preferred stock and common stock warrants, net of issuance costs 0 605  
Proceeds from issuance of convertible notes, net of issuance costs 0 970  
Repayment of note payable (764) 0  
Repayment of unsecured debt (108) (132)  
Net cash flows (used in) provided by financing activities (872) 1,443  
Net increase in cash 103 1,064  
Cash, beginning of period 611 1,375 1,375
Cash, end of period 714 2,439 $ 611
Supplemental cash flow disclosure:      
Interest paid 3 3  
Supplemental disclosures of non-cash transactions:      
Convertible note principal conversion into shares of common stock 0 (675)  
Services paid with common stock 0 384  
Issuance cost in accounts payable and accrued expenses $ 0 $ (68)