Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.23.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 12,626 $ 6,245
Account and other receivables, net of allowance 467 328
Prepaid expenses and other current assets 785 344
Inventories 388 284
Other current assets 25 8
Total current assets 14,291 7,209
Inventories, net 238 453
Property and equipment, net 5,772 5,691
Intangible assets, net 25 26
Operating lease right of use asset 2,241 2,309
Other long-term assets 84 85
Total assets 22,651 15,773
Current liabilities:    
Accounts payable 486 434
Accrued liabilities 1,504 1,618
Current portion of long-term debt 117 160
Derivative liabilities 2,267 5,126
Current portion of operating lease liability 750 738
Other current liabilities 2 2
Total current liabilities 5,126 8,078
Operating lease liability, net of current portion 1,547 1,621
Long term debt, net of current portion 33 368
Other long-term liabilities 2
Total liabilities 6,706 10,069
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized; 4,050,236 and 542,145 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively. 40 5
Additional paid-in capital 278,653 268,154
Accumulated deficit (262,748) (262,455)
Total stockholders’ equity 15,945 5,704
Total liabilities and stockholders’ equity 22,651 15,773
Series B Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value
Series C Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value
Series D Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value
Series E Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock value