v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (12,849) $ (11,950)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,473 993
Stock-based compensation 2,348 2,027
Amortization of debt discount 1,038
Amortization of operating lease right of use asset 61 54
Non cash interest payments 244
Change in fair value of derivative liabilities 198
Gain on disposal of fixed assets (197)
Changes in operating assets and liabilities:    
Accounts receivable (182) 5
Inventory (668) (100)
Other current assets (1,223) (105)
Other assets
Accounts payable and accrued expenses (1,345) (452)
Lease liabilities (64) (54)
Deferred revenue (41) 190
Net Cash Used in Operating Activities (12,687) (7,912)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for machinery and equipment (5,729) (2,308)
Cash received from sale of fixed assets 286
Cash paid for intangibles (38)
Net Cash Used in Investing Activities (5,443) (2,346)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock, net of issuance costs 5,432 3,037
Proceeds from exercise of employee stock options 33 102
Proceeds from exercise of warrants 24
Net Cash Provided by Financing Activities 5,489 3,139
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (12,641) (7,119)
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 88,322 44,408
Cash, Cash Equivalents and Restricted Cash - End of Period 75,681 37,289
Cash Paid During the Period for:    
Interest 163
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued in payment of interest 244
Fixed assets included in accounts payable and accrued expenses 1,992 (1,467)
Stock issuance costs included in accounts payable and accrued expenses $ (230)

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