Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,219 $ 6,245
Account and other receivables, net of allowance 259 328
Prepaid expenses and other current assets 544 344
Inventories 848 284
Other current assets 42 8
Total current assets 7,912 7,209
Inventories, net 217 453
Property and equipment, net 5,502 5,691
Intangible assets, net 22 26
Operating lease right of use asset 1,776 2,309
Other long-term assets 83 85
Total assets 15,512 15,773
Current liabilities:    
Accounts payable 481 434
Accrued liabilities 1,748 1,618
Current portion of long-term debt 72 160
Derivative liabilities 677 5,126
Current portion of operating lease liability 797 738
Other current liabilities 3 2
Total current liabilities 3,778 8,078
Operating lease liability, net of current portion 1,045 1,621
Long term debt, net of current portion 368
Other long-term liabilities 2
Total liabilities 4,823 10,069
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized; 4,208,150 and 542,145 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively. 42 5
Additional paid-in capital 279,040 268,154
Accumulated deficit (268,393) (262,455)
Total stockholders’ equity 10,689 5,704
Total liabilities and stockholders’ equity 15,512 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