XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,476 $ 10,457
Restricted cash 10,000
Marketable securities 14 460
Accounts receivable, net of allowance for doubtful accounts of $4,490 and $4,605 at March 31, 2023 and December 31, 2022, respectively 1,197 1,070
Inventory, net of reserves of $32,422 and $32,759 at March 31, 2023 and December 31, 2022, respectively 19,995 21,396
Prepaid expenses and other current assets 2,990 1,510
Total current assets 25,672 44,893
Loan receivable net of allowance for doubtful accounts of $28,562 and $33,050 at March 31, 2023 and December 31, 2022, respectively 12,806 12,214
Property and equipment, net 9,658 10,044
Right-of-use assets, net 2,343 2,210
Other non-current assets 153 326
Total assets 50,632 69,687
Current liabilities:    
Accounts payable 21,128 20,543
Accrued expenses and other current liabilities 12,636 16,380
Operating lease liabilities, current 798 734
Long-term debt, current 2,084 28,833
Deferred revenue 3,239 4,112
Total current liabilities 39,885 70,602
Warrant liabilities 3,313 5,985
Operating lease liabilities, non-current 1,707 1,587
Long-term debt 22,554 407
Other non-current liabilities 112 147
Total liabilities 67,571 78,728
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Common Stock, $0.001 par value per share, 10,000,000 and 5,000,000 shares authorized at March 31, 2023 and December 31, 2022, respectively, 1,364,263 and 1,038,298 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively (1) [1] 1 1
Preferred stock value
Additional paid-in capital 240,304 237,875
Accumulated deficit (257,475) (247,148)
Total stockholders’ deficit (17,170) (9,272)
Non-controlling interests 231 231
Total liabilities and stockholders’ equity 50,632 69,687
Preferred A Stock    
Stockholders’ equity:    
Preferred stock value
[1] Periods presented have been adjusted to reflect the 1-for-20 reverse stock split on July 5, 2023. Additional information regarding the reverse stock splits may be found in Note 1 – Overview, Basis of Presentation, and Significant Accounting Policies, included in the notes to the consolidated financial statements