v3.22.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Cash flows from operating activities:      
Net loss $ (3,959) $ (2,538)  
Adjustments to reconcile net loss to net cash flows from operating activities:      
Allowance for doubtful accounts (61) 3  
Depreciation and amortization 86 15  
Share-based compensation 899 320  
Payment-in-kind interest 0 94  
Amortization of debt issuance costs and original issue discounts 13 35  
Amortization of lease rights of use, net of accretion in lease liabilities 133 133  
Increase (decrease) in cash resulting from changes in:      
Accounts receivable 155 (126)  
Inventory, net (880) 47  
Prepaid expenses and other current assets 128 (10)  
Other assets 30 3  
Accounts payable and accrued expenses (692) (54)  
Lease liabilities (128) (94)  
Deferred revenue 7 41  
Net cash flows from operating activities (4,269) (2,131) $ (12,700)
Cash flows from investing activities:      
Purchases of property and equipment (69) (40)  
Acquisition of licensing rights (116) 0  
Net cash flows from investing activities (185) (40)  
Cash flows from financing activities:      
Proceeds from public offering of common stock, net of offering costs 0 46,785  
Proceeds from stock option and warrant exercises 3 145  
Net cash flows from financing activities 3 46,930  
Net change in cash and cash equivalents (4,451) 44,759  
Cash and cash equivalents, beginning of period 54,109 20,099 20,099
Cash and cash equivalents, end of period 49,658 64,858 $ 54,109
Cash paid for:      
Income taxes 0 0  
Interest $ 100 $ 214  

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