v3.24.2.u1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (7,326) $ (18,512)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 127 176
Non-cash lease expense 155 144
Non-cash inventory write-down 1,307
Impairment of long-term assets 253
Gain on settlement and forgiveness of accounts payable 1,388
Equity based compensation 5,493 6,891
Changes in operating assets and liabilities:    
Accounts receivable (30) (12)
Lease receivables 51 50
Employee advances 5 (5)
Inventory (19)
Prepaid expenses and other 42 (564)
Deferred revenue (5)
Customer deposits (7)
Accounts payable and accrued expenses (2,776) 159
Operating lease liabilities (170) (153)
Net cash used in operating activities (2,795) (10,543)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (122)
Net cash used in investing activity (122)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of related party note payable 500
Proceeds from sale of common stock and warrants, net of issuance costs 4,209 9,993
Proceeds from the sale of subsidiary stock to non-controlling interest, net of issuance costs 1,567
Net cash provided by financing activities 4,709 11,560
Net increase in cash and cash equivalents 1,914 895
Cash, beginning of the period 190 357
Cash, end of the period 2,104 1,252
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest
Cash paid during the period for income taxes
Noncash investing and financing activities:    
Common stock issued in settlement of accounts payable 122 105
Dividend payable on preferred stock charged to additional paid in capital 5 5
Series C convertible preferred stock deemed dividend 133
Common stock issued for conversion of note payable and accrued interest $ 509

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