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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,397 $ 16,557
Accounts receivable, net 11,596 13,973
Inventory 7,738 6,493
Prepaid expenses and other current assets 2,288 2,921
Total current assets 40,019 39,944
Property and equipment, net 284 377
Right of use assets, net 581 937
Intangible assets, net 2,209 2,210
Other assets 733 655
Total assets 43,826 44,123
Current liabilities:    
Accounts payable 16,064 13,679
Accrued and other expenses 11,003 15,051
Current portion of deferred revenues 1,144 1,166
Line of credit 7,212 9,250
Current portion of long-term debt 4,032 5,944
Total current liabilities 39,455 45,090
Common stock warrant liabilities 25,457 27,781
Other long-term liabilities 705 928
Total liabilities 65,617 73,799
Commitments and Contingencies
Stockholders’ deficit:    
Common stock, $0.0001 par value, 107,142,857 shares authorized as of March 31, 2024 and December 31, 2023; 9,014,403 and 8,797,456 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. 1 1
Additional paid-in capital 219,450 218,127
Accumulated deficit (252,385) (255,659)
Total stockholders’ deficit (32,934) (37,531)
Total liabilities, convertible preferred stock, and stockholders’ deficit 43,826 44,123
Series A Convertible Preferred Stock    
Current liabilities:    
Series A convertible preferred stock, $0.0001 par value, 27,450 and 28,628 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 8,735 7,855
Series B Convertible Preferred Stock    
Current liabilities:    
Series A convertible preferred stock, $0.0001 par value, 27,450 and 28,628 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively $ 2,408 $ 0