v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
OPERATING ACTIVITIES    
Net loss $ (12,990) $ (9,924)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities:    
Depreciation and amortization 629 533
Stock-based compensation 3,116 4,915
Stock-based compensation associated with employment settlement 0 7,857
Loss on sale of property and equipment 176 0
Non-cash lease expense, net 455 497
Deferred taxes (158) 0
Other 240 38
Change in operating assets and liabilities:    
Accounts receivable, net 717 (240)
Inventory 1,858 (1,475)
Prepaid expenses and other 2,640 (659)
Accounts payable and accrued expenses (2,515) 857
Net cash provided by (used in) operating activities (5,832) 2,399
INVESTING ACTIVITIES    
Purchases of property and equipment (794) (901)
Net cash flows used in investing activities (794) (901)
FINANCING ACTIVITIES    
Proceeds from debt 2,906 0
Repayment of unsecured debt 0 (474)
Proceeds from exercise of stock options 176 279
Net cash flows provided by (used in) financing activities 3,082 (195)
Net increase (decrease) in cash, cash equivalents and restricted cash (3,544) 1,303
Cash, cash equivalents and restricted cash, beginning of period 9,608 12,935
Cash, cash equivalents and restricted cash, end of period 6,064 14,238
Supplemental cash flow disclosures:    
Interest paid 0 9
Income taxes paid 18 70
Supplemental disclosures of non-cash transactions:    
Purchase of property and equipment in accounts payable and accrued expenses 239 21
Operating ROU lease assets obtained in exchange for operating lease liabilities 0 5,405
Derecognition of operating ROU lease assets related to operating lease termination (4,704) 0
Sale of property and equipment in exchange for note receivable (recorded in prepaid expenses and other) and inventory $ 675 $ 0

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