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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total revenue $ 3,860 $ 3,301 $ 11,333 $ 10,553
Cost of sales (exclusive of depreciation and amortization shown separately below) 1,526 1,554 4,411 4,371
Gross profit 2,334 1,747 6,922 6,182
Operating expenses        
General and administrative 4,487 4,596 13,531 17,012
Sales and marketing 346 641 1,319 1,861
Depreciation and amortization 146 150 437 472
Total operating expenses 4,979 5,387 15,287 19,345
Operating loss (2,645) (3,640) (8,365) (13,163)
Non-operating income (expense)        
Other expense (18) (53) (42) (198)
Excess warrant fair value (6,453)
Change in fair value of warrant liability, net of issuance costs of $645 1,600 10,362
Other income 47 98 128
Loss before income taxes (2,616) (2,093) (8,309) (9,324)
Net loss $ (2,616) $ (2,093) $ (8,309) $ (9,324)
Net loss per share (basic) $ (0.40) $ (1.75) $ (1.94) $ (8.09)
Net loss per share (diluted) $ (0.40) $ (1.75) $ (1.94) $ (8.09)
Weighted average number of shares of Common Stock outstanding (basic) 6,615,320 1,197,258 4,282,210 1,152,607
Weighted average number of shares of Common Stock outstanding (diluted) 6,615,320 1,197,258 4,282,210 1,152,607
Product [Member]        
Revenue        
Total revenue [1] $ 1,958 $ 1,466 $ 5,608 $ 4,783
Service [Member]        
Revenue        
Total revenue $ 1,902 $ 1,835 $ 5,725 $ 5,770
[1] Product revenue from the sale of appliances and guides is typically fixed at the inception of the contract and is recognized at the point in time when shipment of the related products occurs.