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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 24,765 $ 11,231
Accounts receivable, net of allowance for doubtful accounts of $2,948 and $3,013, respectively 15,395 15,958
Inventory 14,744 18,515
Prepaid expenses and other current assets 4,957 5,558
Total current assets 59,861 51,262
Property and equipment, net 834 1,108
Right of use assets, net 1,928 2,260
Intangible assets, net 2,270 2,279
Other assets 1,035 1,195
Total assets 65,928 58,104
Current liabilities:    
Accounts payable 30,841 30,432
Accrued and other expenses 14,038 19,984
Current portion of deferred revenues 1,042 1,148
Line of credit 0 4,685
Current portion of long-term debt 4,798 10,353
Total current liabilities 50,719 66,602
Long-term debt, net 3,500 0
Noncurrent lease liabilities 715 1,162
Common stock warrant liabilities 24,945 724
Other long-term liabilities 2,007 251
Total liabilities 81,886 68,739
Commitments and Contingencies
Stockholders’ equity (deficit):    
Common stock, $0.0001 par value, 1,000,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 117,465,938 and 115,388,135 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively. 12 12
Additional paid-in capital 214,135 212,111
Accumulated deficit (234,625) (222,758)
Total stockholders’ equity (deficit) (20,478) (10,635)
Total liabilities, convertible preferred stock, and stockholders’ equity (deficit) 65,928 58,104
Series A Convertible Preferred Stock    
Current liabilities:    
Series A convertible preferred stock, 0.0001 par value, 100,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 30,000 and 0 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively (liquidation preference of $30,000) $ 4,520 $ 0