In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Operating Activities: | | | | | | | | |
Net income/(loss) | -3.9 | -6.1 | 14.5 | -7.9 | -2.3 | -4.3 | 2.4 | -2.6 |
Adjustments to reconcile net income (loss) to cash used in operating activities: | | | | | | | | |
Depreciation and amortization | 0.0 | 0.0 | | 0.0 | 0.0 | 0.0 | | 0.0 |
Share-based compensation | 0.6 | 1.4 | | 3.8 | | | | |
Operating lease asset amortization | 0.2 | 0.2 | | | 0.2 | 0.2 | | |
Accretion of debt discount | 0.6 | 0.9 | | 0.2 | 0.0 | 2.1 | | 0.1 |
Loss on equity method investment | 0.0 | | | 0.0 | | 0.0 | | |
Inventory reserve expense | 0.0 | 0.1 | | | | | | |
Changes in operating assets and liabilities: | | | | | | | | |
Accounts receivable | 0.1 | -0.1 | 0.1 | 0.7 | -0.3 | -0.5 | | 0.0 |
Inventories | -0.2 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 |
Prepaid expenses and other current assets | 1.2 | -1.2 | 1.4 | -0.2 | -0.1 | -0.4 | 0.5 | 0.3 |
Accounts payable | 0.6 | 0.0 | | -0.1 | 0.2 | 0.0 | 0.1 | 0.0 |
Related party payable | 0.0 | -0.1 | 0.0 | 0.0 | 0.0 | | 0.1 | 0.0 |
Operating lease liabilities | -0.2 | -0.2 | | | -0.2 | -0.2 | | |
Accrued interest | -0.1 | 0.2 | | 0.0 | 0.0 | 0.0 | | 0.0 |
Accrued expenses | -0.6 | -0.1 | | 0.8 | -0.1 | 0.4 | 0.3 | 0.3 |
Net cash used in operating activities | -1.6 | -4.9 | -2.6 | -2.6 | -2.6 | -2.8 | -3.2 | -2.0 |
|
Investing Activities: | | | | | | | | |
Contributions to equity method investment | | | 0.2 | | | -0.1 | | |
Payments on purchase of assets | -3.8 | 0.0 | 0.1 | 0.0 | 0.0 | -0.1 | 0.2 | -0.1 |
Patent activity costs | 0.0 | 0.0 | | | 0.0 | 0.0 | | |
Net cash used in investing activities | -3.8 | -0.1 | -0.1 | 0.0 | 0.0 | -0.1 | -0.1 | -0.1 |
|
Financing Activities: | | | | | | | | |
Proceeds from issuance of Series 1B Preferred Stock | 0.9 | | | | | | | |
Payment of convertible notes | -0.9 | -0.1 | | | | | | |
Net cash used in financing activities | 0.0 | -0.1 | 11.3 | 5.0 | | | 5.0 | 5.0 |
Effect of foreign exchange rate on cash | 0.0 | | | | | | | |
Net change in cash and cash equivalents | -5.4 | -5.1 | | | -2.6 | -2.9 | | |
|
Non-Cash Transactions: | | | | | | | | |
Right-of-use assets acquired through operating lease liabilities | | | | | 0.0 | | | |
Purchase of equipment not yet paid at end of period | | | 0.0 | 0.0 | 0.2 | | | |
Non-cash conversions of convertible notes to equity | 1.8 | 1.6 | | | | 9.2 | | |
Series 1A preferred stock conversion | | | | | | 0.0 | | |
Down round deemed dividend | 11.7 | | | | | | | |
Supplemental disclosure of cash flow information: | | | | | | | | |
Interest | 0.2 | | | | | | | |