LENSAR Inc
For the period ended Dec 31, 2023. Filed Mar 4, 2024.
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FY2023 · Filed Mar 4, 2024
LNSR$5.45-0.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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STATEMENTS OF CASH FLOWS
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities | ||
| Net loss | $(14,383) | $(19,914) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation | 2,418 | 2,258 |
| Amortization of intangible assets | 1,097 | 1,148 |
| Non-cash operating lease cost | 534 | 521 |
| Provision for expected credit losses | 1 | 36 |
| Write-down of inventory | 66 | 50 |
| Loss on disposal of property and equipment | 7 | 11 |
| Stock-based compensation expense | 5,539 | 6,611 |
| Change in fair value of warrant liabilities | 2,852 | — |
| Amortization on investments, net | (12) | — |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 2,057 | (1,440) |
| Notes receivable | (980) | (180) |
| Prepaid and other current assets | (1,305) | 637 |
| Inventories | (7,461) | (6,889) |
| Accounts payable | (1,417) | 2,729 |
| Accrued liabilities | 892 | 96 |
| Deferred revenue | 915 | (174) |
| Operating lease liabilities | (539) | (512) |
| Other | 60 | 156 |
| Net cash used in operating activities | (9,659) | (14,856) |
| Cash flows from investing activities | ||
| Purchase of property and equipment | (236) | (115) |
| Purchase of investments | (3,920) | — |
| Net cash used in investing activities | (4,156) | (115) |
| Cash flows from financing activities | ||
| Proceeds from issuance of redeemable convertible preferred stock, net of offering costs | 13,882 | — |
| Proceeds from issuance of warrants | 5,605 | — |
| Proceeds from issuance of common stock under employee stock purchase plan | 327 | 408 |
| Net settlement of stock-based compensation awards | (52) | — |
| Payment of contingent consideration | — | (2,400) |
| Net cash provided by (used in) financing activities | 19,762 | (1,992) |
| Net increase (decrease) in cash and cash equivalents | 5,947 | (16,963) |
| Cash and cash equivalents at beginning of the year | 14,674 | 31,637 |
| Cash and cash equivalents at end of the year | $20,621 | $14,674 |
STATEMENTS OF CASH FLOWS, continued
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Supplemental cash flow information | ||
| Cash paid for taxes | $18 | $3 |
| Supplemental schedule of non-cash investing and financing activities | ||
| Transfer from Inventories to Equipment under lease, net | $3,938 | $1,553 |
| Transfer from (to) Inventories to (from) Property and equipment, net | $(491) | $34 |
| Accrued offering costs | $(135) | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.