XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,996,409 $ 12,210,857
Investments available-for-sale, at fair value 3,566,628 0
Accounts receivable 1,131,980 1,421,695
Inventory, net 654,917 909,328
Prepaid expenses and other 837,170 1,109,571
Total current assets 9,187,104 15,651,451
Operating lease right-of-use assets 892,685 1,007,202
Property and equipment, net 528,527 598,006
Other non-current assets 257,312 520,996
Total assets 10,865,628 17,777,655
Current liabilities:    
Accounts payable 1,097,538 1,157,449
Accrued liabilities 1,321,771 2,209,606
SVB Term Loan, net of discount and debt issuance costs 3,075,506 3,812,498
NuvoGen obligation - current 446,031 446,031
Operating lease liabilities - current 481,967 475,126
Other current liabilities 136,074 170,047
Total current liabilities 6,558,887 8,270,757
NuvoGen obligation - non-current, net of discount 3,370,279 3,519,058
Operating lease liabilities - non-current, net of discount 423,237 546,324
Other non-current liabilities 38,723 49,819
Total liabilities 10,391,126 12,385,958
Commitments and Contingencies (Note 15)
Stockholders’ equity:    
Common stock, $0.001 par value; 26,666,667 shares authorized at March31 2023 and December 31 2022 2214,077 shares issued and outstanding at March 31 2023 and 2,213,897 shares issued and outstanding at December 31, 2022 2,214 2,214
Additional paid-in-capital 235,450,053 235,314,311
Accumulated other comprehensive income 4,514 2,679
Accumulated deficit (234,982,279) (229,927,507)
Total stockholders’ equity 474,502 5,391,697
Total liabilities and stockholders' equity $ 10,865,628 $ 17,777,655