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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 46,814 $ 71,061
Short-term investments 29,199 47,125
Restricted cash   182
Accounts receivable 4,489  
Inventory 8,840 1,230
Prepaid expenses 2,436 2,282
Deposits and other current assets 1,160 1,428
Total current assets 92,938 123,308
Property and equipment, net 58 54
Right-of-use lease assets - operating, net 1,401 566
Deposits and other assets 82 267
Total assets 94,479 124,195
Current liabilities    
Accounts payable 4,001 1,518
Accrued expenses 8,901 5,289
Lease obligation - operating, short-term 176 567
Other current liabilities 56 42
Total current liabilities 13,134 7,416
Term loan, long-term 38,811 36,794
Derivative liability 3,857 7,517
Lease obligation - operating, long-term 1,282 7
Other liabilities 177 28
Total liabilities 57,261 51,762
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized and no shares issued and outstanding
Common stock; $0.0001 par value; 150,000,000 shares authorized at December 31, 2023; 34,257,916 and 35,968,510 shares issued and outstanding at December 31, 2022 and December 31, 2023, respectively 4 3
Additional paid-in capital 318,561 298,934
Accumulated deficit (281,346) (226,536)
Accumulated other comprehensive (loss) income (1) 32
Total stockholders’ equity 37,218 72,433
Total liabilities and stockholders’ equity $ 94,479 $ 124,195