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Cash Flow

v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Aug. 31, 2021
Aug. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (75) $ (10,912)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Stock-based compensation expense 2,527 659
Forgiveness of Paycheck Protection Program loan (190) 0
Accretion of debt discounts 0 755
Loss on extinguishment of debt 0 6,027
Warrant inducement (0) 845
Write-down of inventory 24 0
Issuance of common shares for services 0 119
Shares to be issued for services 0 43
Depreciation and amortization 353 153
Amortization of debt issuance costs 16 0
Operating lease costs 151 77
Selling loss on sales-type lease 33 0
Changes in assets and liabilities, net of acquisition:    
Accounts receivable 394 (196)
Deferred revenue (4,182) 9,266
Inventory (2,303) (2,267)
Prepaid expenses and other current assets 643 (1,814)
Net investment in sales-type lease 9 0
Other assets (2) (17)
Accounts payable and accrued liabilities (557) 1,992
Operating lease liabilities (117) (199)
Accrued interest 0 233
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (3,276) 4,764
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of patent rights (70) (80)
Cash paid for acquisitions, net of cash acquired (4,044) (489)
Purchases of property and equipment (827) (1,023)
NET CASH USED IN INVESTING ACTIVITIES (4,941) (1,592)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from warrant exercises 1,277 6,751
Proceeds from stock option exercises 45 3
Proceeds from sale of common stock, net of underwriting discounts 56,753 0
Payment of offering costs (801) 0
Payment of debt issuance costs (83) 0
Proceeds from Roboro sellers for common stock 0 500
Proceeds from Paycheck Protection Program loan 0 190
Repayment of notes payable 0 (111)
Proceeds from line of credit 1,500 0
Payments to line of credit (1,500) 0
NET CASH PROVIDED BY FINANCING ACTIVITIES 57,191 7,333
Effects of foreign currency exchange rate changes (117) 203
NET INCREASE IN CASH AND RESTRICTED CASH FOR THE PERIOD 48,857 10,708
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD 9,656 1,174
CASH AND RESTRICTED CASH, END OF PERIOD 58,513 11,882
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
Interest paid $ 24 $ 0

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