Sintx Technologies Inc
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
SINT$1.55+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (unaudited)
(in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash Flows From Operating Activities | ||
| Net loss | $(9,329) | $(5,938) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation expense | 727 | 645 |
| Impairment of Armor | 4,457 | - |
| Amortization of right of use asset | 428 | 560 |
| Amortization of intangible assets | 4 | 4 |
| Stock based compensation | 75 | 224 |
| Change in fair value of derivative liabilities | (3,459) | (5,237) |
| (Gain) loss on disposal of equipment | 8 | (17) |
| Bad debt expense | 13 | 53 |
| Changes in operating assets and liabilities: | ||
| Trade accounts receivable | 332 | 15 |
| Prepaid expenses and other current assets | 241 | (231) |
| Inventories | 171 | (328) |
| Accounts payable and accrued liabilities | (788) | 176 |
| Other liabilities | (2) | (370) |
| Payments on operating lease liability | (396) | (543) |
| Net cash used in operating activities | (7,518) | (10,987) |
| Cash Flows From Investing Activities | ||
| Purchase of property and equipment | (544) | (456) |
| Proceeds from notes receivable, net of imputed interest | 320 | 17 |
| Proceeds from sale of property and equipment | 20 | - |
| Net cash used in investing activities | (204) | (439) |
| Cash Flows From Financing Activities | ||
| Proceeds from issuance of warrant derivative liabilities | 3,366 | 6,650 |
| Proceeds from issuance of common stock and prefunded warrants, net of cash fees | 6,075 | 4,840 |
| Proceeds from issuance of common stock in connection with exercise of warrants | 2 | - |
| Payments on debt | (247) | (88) |
| Redemption of Preferred Stock Series E | - | (2) |
| Net cash provided by financing activities | 9,196 | 11,400 |
| Net increase (decrease) in cash and cash equivalents | 1,474 | (26) |
| Cash and cash equivalents at beginning of period | 3,340 | 6,245 |
| Cash and cash equivalents at end of period | $4,814 | $6,219 |
| Noncash Investing and Financing Activities | ||
| Debt issued for prepaid insurance | $335 | - |
| Right of use asset for amended lease liability | 307 | (88) |
| Agent warrant offering cost allocated to equity | 13 | - |
| Reduction of derivative liability upon exercise of warrants | 1 | 5,753 |
| Right of use asset for new lease liability | - | 114 |
| Par value of common stock upon cashless exercise of warrants | - | 15 |
| Par value of common stock upon exercise of prefunded warrants | - | 2 |
| Supplemental Cash Flow Information | ||
| Cash paid for interest | $15 | $2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.