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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 2,904 $ 9,725
Accounts receivable, net of expected credit losses of $240 and $160, respectively 8,563 10,672
Inventories, net 23,295 22,968
Prepaid expenses and other current assets 2,259 3,058
Total current assets 37,021 46,423
Property and equipment, net 23,592 23,703
Operating lease right-of-use assets 2,911 3,372
Restricted cash 1,109 1,109
Goodwill 561 565
Deferred income tax assets 56 57
Other long-term assets 2,677 2,388
Total assets 67,927 77,617
Current liabilities    
Accounts payable 4,381 5,053
Contract liabilities 1,258 1,237
Accrued expenses and other current liabilities 22,913 12,805
Current portion of loans payable, net 118,406  
Total current liabilities 146,958 19,095
Long-term loans payable, net   107,059
Other long-term liabilities 2,288 6,797
Total liabilities 149,246 132,951
Commitments and contingencies (Note 9)
Stockholders' deficit    
Preferred stock ($0.001 par value) 25,000,000 shares authorized; no shares issued and outstanding as of June 30, 2024 and December 31, 2023
Common stock ($0.001 par value) 21,875,000 shares authorized as of June 30, 2024 and December 31, 2023, 6,241,958 and 6,165,806 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 6 6
Additional paid-in capital 496,083 492,764
Accumulated other comprehensive (loss) income (106) 91
Accumulated deficit (577,302) (548,195)
Total stockholders' deficit (81,319) (55,334)
Total liabilities and stockholders' deficit $ 67,927 $ 77,617