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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 15,703 $ 14,009
Short-term investments 8,533 32,773
Accounts receivable, net 4,528 4,790
Inventory 11,798 11,074
Prepaid expenses and other current assets 1,025 1,969
Current assets of discontinued operations 927 656
Total current assets 42,514 65,271
Property and equipment, net 766 461
Operating lease right-of-use assets 2,899 2,703
Other assets 124 128
Non-current assets of discontinued operations   9,597
Total assets 46,303 78,160
Current liabilities:    
Accounts payable 931 1,142
Accrued compensation 1,550 2,413
Other accrued expenses 1,874 3,072
Operating lease liabilities 983 1,250
Current portion of term loan 10,800 24,900
Other current liabilities 1,592 1,844
Current liabilities of discontinued operations   700
Total current liabilities 17,730 35,321
Operating lease liabilities, net of current 1,765 1,423
Term loan, net of current 8,511 12,467
Other liabilities 428 530
Total liabilities 28,434 49,741
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized -10,000,000 shares; issued and outstanding - none
Common stock, $0.001 par value; authorized - 500,000,000 shares; issued and outstanding- 72,834,586 shares as of June 30, 2024 and 63,547,467 shares as of December 31, 2023 73 64
Additional paid-in-capital 461,938 458,357
Accumulated other comprehensive (loss) gain (2) 11
Accumulated deficit (444,140) (430,013)
Total stockholders' equity 17,869 28,419
Total liabilities and stockholders' equity $ 46,303 $ 78,160