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Cash Flow

v3.21.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Feb. 28, 2021
Feb. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (272) $ (2,284)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 693 637
Forgiveness of Paycheck Protection Program loan (190)  
Accretion of debt discounts   498
Write-down of inventory 64 1
Issuance of common shares for services   119
Depreciation and amortization 72 22
Amortization of patent rights 16 16
Selling loss on sales-type lease 33  
Operating lease costs 24  
Changes in assets and liabilities:    
Accounts receivable 554 346
Deferred revenue (3,574) 4
Inventory (2,576) (419)
Prepaid expenses and other current assets 621 (25)
Net investment in sales-type lease (6)  
Accounts payable and accrued liabilities (1,094) 224
Operating lease liabilities (20)  
Accrued interest   160
NET CASH USED IN OPERATING ACTIVITIES (5,655) (701)
CASH FLOWS FROM INVESTING ACTIVITIES    
Deposit for and purchases of property and equipment (25) (44)
NET CASH USED IN INVESTING ACTIVITIES (25) (44)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from warrant exercise 134  
Proceeds from stock option exercises 22  
Payment of debt issuance costs (54)  
NET CASH PROVIDED BY FINANCING ACTIVITIES 102  
Effects of foreign currency exchange rate changes 143 (37)
NET DECREASE IN CASH AND RESTRICTED CASH FOR THE PERIOD (5,435) (782)
CASH AND RESTRICTED CASH, BEGINNING OF PERIOD 9,656 1,174
CASH AND RESTRICTED CASH, END OF PERIOD 4,221 $ 392
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:    
INTEREST PAID $ 33  

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