v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flow from operating activities:    
Net loss $ (17,568) $ (13,317)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 6,586 4,712
Non-cash interest expense 2,232 2,506
Depreciation and amortization 2,360 1,673
Reduction in carrying amount of operating lease right-of-use assets 308 333
Equity in net earnings of equity method investments 0 (553)
Loss on extinguishment of debt 1,180 0
Other 0 12
Changes in operating assets and liabilities, net of effect of acquired business:    
Accounts receivable 3,443 (4,083)
Prepaid expenses and other current assets 573 (395)
Other assets 5 7
Accounts payable (3,750) 3,995
Accrued expenses and other current liabilities (1,519) (841)
Deferred revenue (349) (478)
Operating lease liabilities (332) (208)
Other non-current liabilities (172) 172
Net cash used in operating activities (7,003) (6,465)
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash acquired (128) (10,430)
Cash paid for equity method investment 0 (1,470)
Purchase of property and equipment (1,832) (361)
Net cash used in investing activities (1,960) (12,261)
Cash flows from financing activities:    
Repayment of debt (11,752) (1,264)
Debt prepayment penalty (100) 0
Proceeds from exercises of stock options 114 104
Proceeds from registered public offering of common stock, net of issuance costs 8,570 0
Other (562) (757)
Net cash used in financing activities (3,730) (1,917)
Net change in cash and cash equivalents (12,693) (20,643)
Cash and cash equivalents, beginning of period 18,323 38,966
Cash and cash equivalents, end of period 5,630 18,323
Supplemental disclosures of cash flow information:    
Interest paid 4,103 4,982
Income taxes paid 0 40
Noncash investing and financing activities:    
Stock-based compensation capitalized as part of internal-use software $ 163 $ 0