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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 13,783,000 $ 19,993,000
Accounts receivable, net of allowance for credit losses of $178 and $154, respectively 1,882,000 2,012,000
Marketable equity securities 441,000 433,000
Prepaid expenses and other current assets 672,000 977,000
Assets held for sale 139,000
Current assets of discontinuing operations 2,121,000
Total current assets 16,917,000 25,536,000
NONCURRENT ASSETS    
Right-of-use and financing lease assets, net 1,757,000 2,088,000
Machinery and equipment, net, and construction in progress 4,076,000 8,763,000
Intangible assets, net 56,617,000 61,633,000
Restricted cash 1,700,000 1,700,000
Other noncurrent assets 520,000 371,000
TOTAL ASSETS 81,587,000 100,091,000
CURRENT LIABILITIES    
Accounts payable 1,136,000 1,253,000
Accrued compensation 1,722,000 1,771,000
Accrued royalties 1,116,000 2,022,000
Accrued expenses and other current liabilities 826,000 1,817,000
Accrued severance from acquisition 2,314,000 2,314,000
Accrued liabilities from acquisition 109,000 109,000
Right-of-use and financing lease liabilities, current 720,000 815,000
Current liabilities of discontinuing operations 90,000 2,005,000
Total current liabilities 8,033,000 12,106,000
NONCURRENT LIABILITIES    
Right-of-use and financing lease liabilities, noncurrent 2,354,000 2,729,000
Contingent consideration liabilities 28,715,000 45,662,000
TOTAL LIABILITIES 39,102,000 60,497,000
Commitments and contingencies
Series A Redeemable Convertible Preferred Stock, no par value; stated value $1,000 per share; 5 and 6 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively; aggregate liquidation preference of $5,217 and $6,091 as of September 30, 2023 and December 31, 2022, respectively 4,923,000 5,302,000
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value, 5,000 shares authorized; no shares issued and outstanding
Common stock, no par value, 230,000 shares authorized; 8,261 and 5,932 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 309,995,000 294,929,000
Accumulated other comprehensive income 32,000 39,000
Accumulated deficit (272,465,000) (260,676,000)
Total shareholders’ equity 37,562,000 34,292,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 81,587,000 $ 100,091,000