General form of registration statement for all companies including face-amount certificate companies

Statement of Cash Flows

v3.21.2
Statement of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities        
Net loss $ (26,086) $ (10,484) $ (21,807) $ (25,678)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation 692 529 1,240 1,138
Stock-based compensation 1,075 777 1,455 1,472
Changes in assets and liabilities        
Accounts receivable (2,648) (869) 742 (1,359)
Inventories (1,279) (1,539) (2,743) (954)
Contract assets 2,873 (2,255) (2,493) 160
Prepaid expenses and other current assets (3,904) 1,545 1,077 (348)
Other assets     466 (280)
Accounts payable 5,296 (323) (490) 757
Accrued expenses and other current liabilities 3,769 (1,310) (1,024) 1,573
Contract liabilities 7,190 (2,478) (2,389) 6,911
Other long-term liabilities     (480) 186
Net cash used in operating activities (13,022) (16,407) (26,446) (16,422)
Cash flows from investing activities        
Purchase of property and equipment (601) (225) (401) (345)
Production of equipment for lease to customers (5,044) (2,176) (3,028) 0
Net cash used in investing activities (5,645) (2,401) (3,429) (345)
Cash flows from financing activities        
Proceeds from loan refinance, net of issuance costs 14,339 0    
Repayment of term loan and equipment loan (4,888) 0    
Proceeds from loan issuances 3,200 750 2,324 0
Repayment of loan (1,636) (219) (420) (616)
Proceeds from convertible notes issuance 5,000 5,415 5,467 1,500
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs 0 28,278    
Issuance of common stock upon exercise of stock options 283 39 53 159
Net cash provided by financing activities 16,298 34,263 35,577 18,887
Net change in cash and cash equivalents (2,369) 15,455 5,702 2,120
Cash and cash equivalents at beginning of period 15,517 9,815 9,815 7,695
Cash and cash equivalents at end of period 13,148 25,270 15,517 9,815
Supplemental disclosure of cash flow information        
Cash paid for interest 280 131 461 620
Cash paid for taxes     0 0
Supplemental disclosure of non-cash information        
Extinguishment of redeemable convertible preferred stock 0 13,274 13,274 0
Conversion of convertible notes to Series D redeemable convertible preferred stock 0 1,512    
Issuance of warrants $ 134 $ 0    
Unpaid liabilities related to property and equipment     216 0
Transfer between inventories and property and equipment     0 781
Series C Redeemable Convertible Preferred Stock        
Supplemental disclosure of non-cash information        
Issuance of warrants     0 168
Common Stock Warrants        
Supplemental disclosure of non-cash information        
Issuance of warrants     27 0
Series C Redeemable Convertible Preferred Stock        
Cash flows from financing activities        
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs     0 17,844
Supplemental disclosure of non-cash information        
Issuance of common stock upon conversion of redeemable convertible preferred stock     0 6,809
Series D Redeemable Convertible Preferred Stock        
Cash flows from financing activities        
Proceeds from issuance of redeemable convertible preferred stock, net of issuance costs     28,153 0
Supplemental disclosure of non-cash information        
Conversion of convertible notes to Series D redeemable convertible preferred stock     6,967 0
Series A Redeemable Convertible Preferred Stock        
Supplemental disclosure of non-cash information        
Issuance of common stock upon conversion of redeemable convertible preferred stock     $ 0 $ 1,003