v3.22.2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (13,383) $ (9,541)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 389 367
Stock-based compensation 915 623
Non-cash interest expense 264 190
Non-cash advertising expense 200
Non-cash portion of loss on debt extinguishment 1,087 161
Amortization of operating lease right of use asset 332
Provision for bad debt 12
Deferred rent 233
Changes in operating assets and liabilities:    
Accounts receivable 2,468 (1,082)
Prepaid expenses, deposits and other assets (220) 351
Accounts payable 238 635
Accrued expenses and other liabilities (410) (236)
Deferred revenue (375) 446
Lease liability (373)
Net cash used in operating activities (8,856) (7,853)
Cash flows from investing activities:    
Purchase of property and equipment (615) (318)
Net cash used in investing activities (615) (318)
Cash flows from financing activities:    
Proceeds from loan payable 15,000 15,000
Repayment of loan payable (16,125) (12,966)
Payment to unaccredited investors of Augmedix Operating Corporation (22)
Payment of financing costs (142) (232)
Proceeds from exercise of common stock warrants 4
Proceeds from exercise of stock options 19 100
Net cash (used in) provided by financing activities (1,248) 1,884
Effect of exchange rate changes on cash and restricted cash (90) (1)
Net decrease in cash and restricted cash (10,809) (6,288)
Cash and restricted cash at beginning of period 41,587 22,973
Cash and restricted cash at end of period 30,778 16,685
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 815 830
Cash paid during the period for income taxes 13
Supplemental schedule of non-cash investing and financing activities:    
Fair value of warrants issued in connection with loan 72 395
Fair value of common stock issued to service provider 600
Property, plant, and equipment in accounts payable 21
Adoption of ASC 842 new lease standard $ 2,599

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