XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 9,563 $ 11,363
Accounts receivable, net 3,422 3,864
Prepaid expenses and other current assets 1,386 1,548
Total current assets 14,371 16,775
Property and equipment, net 118 120
Right-of-use assets, operating leases 1,613 1,912
Other non-current assets 504 508
Total assets 16,606 19,315
Current liabilities:    
Accounts payable 609 664
Accrued expenses and other current liabilities 1,820 2,099
Operating lease liabilities 1,613 1,518
Total current liabilities 4,042 4,281
Operating lease liabilities, non-current 0 394
Other long-term liabilities 980 1,001
Total liabilities 5,022 5,676
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value - 10,000 shares authorized, no shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively [1] 0 0
Common stock, $0.001 par value - 42,619 shares authorized, 3,061 and 3,011 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively [1] 3 3
Additional paid-in capital 359,234 358,884
Accumulated deficit (346,662) (344,251)
Accumulated other comprehensive loss (991) (997)
Total stockholders’ equity 11,584 13,639
Total liabilities and stockholders’ equity $ 16,606 $ 19,315
[1] The shares of common stock, par value of common stock issued and outstanding, and additional paid-in capital amounts for all periods presented have been retroactively adjusted to reflect the one-for-six reverse stock split of the Company's issued and outstanding common stock and the reduction in the Company's authorized common stock which took effect on April 12, 2024 (Note 1).