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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 14,603 $ 19,497
Accounts receivable, net of allowance for doubtful accounts of $73 and $6 at December 31, 2022 and 2021, respectively 1,057 1,393
Inventories, net 4,965 4,601
Prepaid expenses and other current assets 362 300
Total current assets 20,987 25,791
Right of use asset 2,194 3,179
Property and equipment, net 702 95
Other assets 312 420
Total assets 24,195 29,485
Current liabilities:    
Accounts payable 631 1,394
Accrued compensation 1,401 1,609
Accrued expenses and other current liabilities 657 718
Leasehold liability, current portion 1,092 985
Borrowings, current portion 14,165 0
Total current liabilities 17,946 4,706
Borrowings, long-term portion 0 12,287
Leasehold liability, long-term portion 1,102 2,194
Other long-term liabilities 1,001 575
Total liabilities 20,049 19,762
Commitments and Contingencies  
Stockholders’ equity:    
Convertible preferred stock issuable in series, par value of $0.001 Shares authorized: 5,000,000 at December 31, 2021 and 2020 Shares issued and outstanding: 60,961 and 56,451 at December 31, 2022 and 2021, respectively; aggregate liquidation preference related to Series A convertible preferred stock of $60,876 and $56,366 at December 31, 2022 and 2021, respectively $ 0 $ 0
Common Stock, Shares Authorized (in shares) 100,000,000 100,000,000
Common stock, par value of $0.001; Shares authorized: 100,000,000 at December 31, 2021 and 2020; Shares issued and outstanding: 7,832,644 and 4,778,263 at December 31, 2022 and 2021, respectively $ 8 $ 5
Additional paid-in capital 406,514 394,471
Accumulated deficit (402,376) (384,753)
Total stockholders’ equity 4,146 9,723
Total liabilities and stockholders’ equity $ 24,195 $ 29,485