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Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Series X Convertible Preferred Stock
Additional Paid-In Capital
Retained Earnings (Accumulated Deficit)
Series A Convertible Preferred Stock
Common Stock
Balance, shares at Dec. 31, 2022           216,127
Balance, amount at Dec. 31, 2022 $ 9,260 $ 0 $ 214,397 $ (205,137) $ 0 $ 0
Common stock issued upon the exercise of options, shares           30,175
Common stock issued upon the exercise of options, amount 179 0 179 0 0 $ 0
Restricted stock awards cancelled or vested, shares           (36)
Restricted stock awards cancelled or vested, amount 0 0 0 0 0 $ 0
Stock-based compensation 1,394 $ 0 1,394 0 0 0
Issuance of Series X Convertible Preferred Stock in merger, shares   14,650        
Issuance of Series X Convertible Preferred Stock in merger, amount 82,925 $ 0 82,925 0 0 $ 0
Conversion of Series X Convertible Preferred Stock, shares   (1,975)       197,491
Conversion of Series X Convertible Preferred Stock, amount 0 $ 0 0 0 $ 0 $ 0
Issuance of Series A Convertible Preferred Stock in connection with private placement, net, shares         7,203 49,791
Issuance of Series A Convertible Preferred Stock in connection with private placement, net, amount 7,360 0 7,360 0 $ 0 $ 0
Warrants exercised (see Note 13), shares           33,161
Warrants exercised (see Note 13), amount 1,145 0 1,145 0 0 $ 0
Deemed dividend - warrant inducement offer 0 0 0 0 0 0
Net loss (66,400) $ 0 0 (66,400) $ 0 $ 0
Balance, shares at Mar. 31, 2023   12,675     7,203 526,709
Balance, amount at Mar. 31, 2023 35,863 $ 0 307,400 (271,537) $ 0 $ 0
Balance, shares at Dec. 31, 2022           216,127
Balance, amount at Dec. 31, 2022 9,260 $ 0 214,397 (205,137) $ 0 $ 0
Stock-based compensation 1,220          
Net loss (67,976)          
Balance, shares at Jun. 30, 2023   12,675     7,203 536,767
Balance, amount at Jun. 30, 2023 23,791 $ 0 296,904 (273,113) $ 0 $ 0
Balance, shares at Mar. 31, 2023   12,675     7,203 526,709
Balance, amount at Mar. 31, 2023 35,863 $ 0 307,400 (271,537) $ 0 $ 0
Common stock issued upon the exercise of options, shares           10,058
Common stock issued upon the exercise of options, amount 59 0 59 0 0 $ 0
Net loss (1,576) 0 0 (1,576) 0 0
Adjustment of fair value of Series X Convertible Preferred Stock in merger (10,381) 0 (10,381) 0 0 0
Adjustment of fair value of Stock-based compensation related to merger (174) $ 0 (174) 0 $ 0 $ 0
Balance, shares at Jun. 30, 2023   12,675     7,203 536,767
Balance, amount at Jun. 30, 2023 23,791 $ 0 296,904 (273,113) $ 0 $ 0
Balance, shares at Dec. 31, 2023   12,656     4,578 702,662
Balance, amount at Dec. 31, 2023 21,193 $ 0 296,902 (275,709) $ 0 $ 0
Stock-based compensation 6 0 6 0 0 0
Net loss (2,675) 0 0 (2,675) $ 0 $ 0
Conversion of Series A Convertible Preferred Stock, shares         (875) 54,678
Conversion of Series A Convertible Preferred Stock, amount 0 $ 0 0 0 $ 0 $ 0
Balance, shares at Mar. 31, 2024   12,656     3,703 757,340
Balance, amount at Mar. 31, 2024 18,524 $ 0 296,908 (278,384) $ 0 $ 0
Balance, shares at Dec. 31, 2023   12,656     4,578 702,662
Balance, amount at Dec. 31, 2023 $ 21,193 $ 0 296,902 (275,709) $ 0 $ 0
Common stock issued upon the exercise of options, shares 0          
Stock-based compensation $ 19          
Net loss (6,895)          
Balance, shares at Jun. 30, 2024   12,656     3,703 757,340
Balance, amount at Jun. 30, 2024 14,317 $ 0 296,921 (282,604) $ 0 $ 0
Balance, shares at Mar. 31, 2024   12,656     3,703 757,340
Balance, amount at Mar. 31, 2024 18,524 $ 0 296,908 (278,384) $ 0 $ 0
Stock-based compensation 13 0 13 0 0 0
Net loss (4,220) $ 0 0 (4,220) $ 0 $ 0
Balance, shares at Jun. 30, 2024   12,656     3,703 757,340
Balance, amount at Jun. 30, 2024 $ 14,317 $ 0 $ 296,921 $ (282,604) $ 0 $ 0