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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 24,746 $ 11,231
Accounts receivable, net of allowance for doubtful accounts of $2,898 and $3,013, respectively 12,978 15,958
Inventory 12,389 18,515
Prepaid expenses and other current assets 1,633 5,558
Total current assets 51,746 51,262
Property and equipment, net 609 1,108
Right of use assets, net 1,639 2,260
Intangible assets, net 2,253 2,279
Other assets 1,017 1,195
Total assets 57,264 58,104
Current liabilities:    
Accounts payable 22,758 30,432
Accrued and other expenses 11,205 19,984
Current portion of deferred revenues 1,036 1,148
Line of credit 8,176 4,685
Current portion of long-term debt 5,204 10,353
Total current liabilities 48,379 66,602
Long-term debt, net 2,000 0
Noncurrent lease liabilities 265 1,162
Common stock warrant liabilities 26,574 724
Other long-term liabilities 1,769 251
Total liabilities 78,987 68,739
Commitments and Contingencies
Stockholders’ equity (deficit):    
Common stock, $0.0001 par value, 107,142,857 shares authorized as of June 30, 2023 and December 31, 2022; 8,441,683 and 8,242,009 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively. 1 1
Additional paid-in capital 215,775 212,122
Accumulated deficit (243,092) (222,758)
Total stockholders’ deficit (27,316) (10,635)
Total liabilities, convertible preferred stock, and stockholders’ deficit 57,264 58,104
Series A Convertible Preferred Stock    
Current liabilities:    
Series A convertible preferred stock, $0.0001 par value, 10,741,071 shares authorized as of June 30, 2023 and December 31, 2022; 30,000 and 0 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively (liquidation preference of $30,000) $ 5,593 $ 0