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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue, net $ 4,865 $ 4,126 $ 9,912 $ 8,263
Cost of sales 4,567 3,709 9,279 7,433
Gross profit 298 417 633 830
Expenses:        
Research and development expenses 10,800 12,830 21,238 25,235
Selling, general and administrative expenses 8,991 7,455 17,119 15,173
Operating loss (19,493) (19,868) (37,724) (39,578)
Other (expense) income, net:        
Interest income 1,190 1,311 2,574 2,420
Exchange related gain, net       18,776
Interest expense (2,085) (2,310) (4,133) (6,962)
Gain on change in fair value of derivatives 102 289 102 6,067
Other (expense) income (1) 155 17 178
Total other (expense) income, net (794) (555) (1,440) 20,479
Net Loss (20,287) (20,423) (39,164) (19,099)
Other comprehensive income        
Unrealized (loss) gain on marketable securities (5) 100 4 558
Total other comprehensive (loss) gain (5) 100 4 558
Total comprehensive loss $ (20,292) $ (20,323) $ (39,160) $ (18,541)
Basic net loss per common share $ (0.03) $ (0.04) $ (0.06) $ (0.04)
Basic weighted-average shares outstanding 616,585,664 567,125,022 615,587,105 532,499,776
Diluted net loss per common share $ (0.03) $ (0.04) $ (0.06) $ (0.04)
Diluted weighted-average shares outstanding 616,585,664 567,125,022 615,587,105 532,499,776
Nonrelated Party        
Revenue, net $ 778 $ 437 $ 1,367 $ 750
Related Party        
Revenue, net $ 4,087 $ 3,689 $ 8,545 $ 7,513