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, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 4,557 $ 3,340
Account and other receivables, net of allowance totaling 68 and 72 respectively 434 685
Prepaid expenses and other current assets 384 539
Inventories 445 888
Other current assets 41 80
Total current assets 5,861 5,532
Inventories, net 575 333
Property and equipment, net 4,815 4,826
Intangible assets, net 19 21
Operating lease right of use asset 3,791 4,094
Other long-term assets 235 559
Total assets 15,296 15,365
Current liabilities:    
Accounts payable 331 636
Accrued liabilities 1,558 1,404
Debt 241 46
Derivative liabilities 397 304
Current portion of operating lease liability 494 512
Other current liabilities 4
Total current liabilities 3,021 2,906
Operating lease liability, net of current portion 3,429 3,687
Total liabilities 6,450 6,593
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized; 748,341 and 26,603 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively. 7
Additional paid-in capital 282,643 279,486
Accumulated deficit (273,804) (270,714)
Total stockholders’ equity 8,846 8,772
Total liabilities and stockholders’ equity 15,296 15,365
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