Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.24.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 3,340 $ 6,245
Account and other receivables, net of allowance totaling 72 and 7 respectively 685 328
Prepaid expenses and other current assets 539 344
Inventories 888 284
Other current assets 80 8
Total current assets 5,532 7,209
Inventories, net 333 453
Property and equipment, net 4,826 5,691
Intangible assets, net 21 26
Operating lease right of use asset 4,094 2,309
Other long-term assets 559 85
Total assets 15,365 15,773
Current liabilities:    
Accounts payable 636 434
Accrued liabilities 1,404 1,618
Current portion of long-term debt 46 160
Derivative liabilities 304 5,126
Current portion of operating lease liability 512 738
Other current liabilities 4 2
Total current liabilities 2,906 8,078
Operating lease liability, net of current portion 3,687 1,621
Long term debt, net of current portion 368
Other long-term liabilities 2
Total liabilities 6,593 10,069
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized; 5,320,671 and 542,145 shares issued and outstanding as of December 31, 2023 and 2022, respectively. 53 5
Additional paid-in capital 279,433 268,154
Accumulated deficit (270,714) (262,455)
Total stockholders’ equity 8,772 5,704
Total liabilities and stockholders’ equity 15,365 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