v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES    
Net loss $ (9,833) $ (8,155)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities:    
Depreciation and amortization 389 354
Stock-based compensation 2,501 4,216
Stock-based compensation associated with employment settlement 0 7,857
Loss on sale of property and equipment 176 0
Non-cash lease expense 562 251
Deferred taxes (158) 0
Other 99 32
Change in operating assets and liabilities:    
Accounts receivable 1,032 (1,380)
Inventory 1,738 (557)
Prepaid expenses and other 2,208 (622)
Accounts payable and accrued expenses (2,818) 1,461
Net cash provided by (used in) operating activities (4,104) 3,457
INVESTING ACTIVITIES    
Purchases of property and equipment (506) (504)
Net cash flows used in investing activities (506) (504)
FINANCING ACTIVITIES    
Proceeds from debt 2,906 0
Repayment of unsecured debt 0 (405)
Proceeds from exercise of stock options 173 254
Net cash flows provided by (used in) financing activities 3,079 (151)
Net increase (decrease) in cash, cash equivalents and restricted cash (1,531) 2,802
Cash, cash equivalents and restricted cash, beginning of period 9,608 12,935
Cash, cash equivalents and restricted cash, end of period 8,077 15,737
Supplemental cash flow disclosures:    
Interest paid 0 9
Income taxes paid 18 54
Supplemental disclosures of non-cash transactions:    
Purchase of property and equipment in accounts payable and accrued expenses 327 50
Sale of property and equipment in exchange for note receivable (recorded in prepaid expenses and other) and inventory $ 675 $ 0

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