Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES    
Net income (loss) $ (628) $ 5,706
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:    
Depreciation and amortization 63 59
Stock-based compensation 30 118
Note discount and interest expense 0 100
Non-cash lease expense, net 28 26
Benefit from reversal of accrued payroll tax (Note 12) 0 (6,171)
Other 108 59
Change in operating assets and liabilities:    
Accounts receivable, net (70) 102
Inventory (102) 37
Prepaid expenses and other 109 1,087
Accounts payable and accrued expenses (56) (148)
Net cash flows provided by (used in) operating activities (518) 975
FINANCING ACTIVITIES    
Repayment of note payable (50) (764)
Repayment of unsecured debt (86) (108)
Net cash flows used in financing activities (136) (872)
Effect of exchange rate changes on cash (1) 0
Net increase (decrease) in cash (655) 103
Cash, beginning of period 1,317 611
Cash, end of period 662 714
Supplemental cash flow disclosure:    
Interest paid 4 3
Income Taxes Paid 6 0
Supplemental disclosures of non-cash transactions:    
Services paid with common stock $ 62 $ 0