Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 9,328 $ 6,245
Account and other receivables, net of allowance 385 328
Prepaid expenses and other current assets 677 344
Inventories 695 284
Other current assets 15 8
Total current assets 11,100 7,209
Inventories, net 188 453
Property and equipment, net 5,651 5,691
Intangible assets, net 24 26
Operating lease right of use asset 2,055 2,309
Other long-term assets 80 85
Total assets 19,098 15,773
Current liabilities:    
Accounts payable 502 434
Accrued liabilities 1,507 1,618
Current portion of long-term debt 94 160
Derivative liabilities 1,051 5,126
Current portion of operating lease liability 769 738
Other current liabilities 3 2
Total current liabilities 3,926 8,078
Operating lease liability, net of current portion 1,347 1,621
Long term debt, net of current portion 13 368
Other long-term liabilities 2
Total liabilities 5,286 10,069
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized; 4,208,027 and 542,145 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively. 42 5
Additional paid-in capital 278,973 268,154
Accumulated deficit (265,203) (262,455)
Total stockholders’ equity 13,812 5,704
Total liabilities and stockholders’ equity 19,098 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