v3.21.2
Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Operating activities:    
Net loss $ (12,516) $ (5,222)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 738 935
Loss on disposal of property and equipment 3 0
Stock-based compensation 1,403 620
Accretion of debt discount and issuance costs 35 52
Gain on sale of BriefCam, Ltd. (50) 0
Decrease in fair value of derivative liability (37) (104)
Increase (decrease) in fair value of warrant liability (1,469) 730
Deferred income taxes 0 9
Changes in operating assets and liabilities:    
Receivables (913) 1,107
Contract assets (37) (296)
Income taxes receivable / payable 107 70
Prepaid expenses and other assets 264 268
Accounts payable and other accrued liabilities (607) (629)
Accrued compensation (915) 617
Deferred revenue (2,800) 4,338
Increase (Decrease) in Other Operating Liabilities 0 264
Net cash provided by (used in) operating activities (14,894) 1,137
Investing activities:    
Proceeds from Sale of Other Assets, Investing Activities 50 0
Purchases of property and equipment (216) (68)
Net cash used in investing activities (166) (68)
Financing activities:    
Principal payments on financing obligations (342) (286)
Principal payment on line of credit (1,840) 0
Proceeds from line of credit 1,840 0
Principal payment on term loan (1,833) 0
Payment for term loan issuance costs (25) 0
Net proceeds from common stock issuance 23,085 0
Proceeds from issuance of common stock under employee stock plans 545 238
Common stock repurchases to settle employee withholding liability (47) (160)
Net cash provided by (used in) financing activities 21,383 (208)
Effect of exchange rate changes on cash (2) (148)
Net increase in cash and cash equivalents 6,321 713
Cash and cash equivalents, beginning of period 11,878 10,639
Cash and cash equivalents, end of period 18,199 11,352
Supplemental disclosures of net cash paid (received) during the period:    
Income taxes, net (372) (264)
Interest, net 41 12
Non-cash financing activity:    
Issuance of note payable and derivative liability for cancellation of warrant 0 1,855
Reclassification from warrant liability to additional paid-in capital for non-cash exercise $ 560 $ 0

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