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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 8 $ 26
Restricted cash 229 250
Prepaid expenses and other current assets 674 1,654
Total current assets 911 1,930
Property and equipment, net 13,576 14,459
Operating lease right-of-use asset, net 415 0
Capitalized software, net 93 92
Total assets 14,995 16,481
Current liabilities:    
Accounts payable and accrued expenses (including related party amounts of $496 and $688 as of September 30, 2024 and December 31, 2023, respectively) 16,608 13,395
Related party loans 5,000 5,000
Revolving line of credit 4,991 4,991
Operating lease liability, current 154 0
Other liabilities, current 468 262
Total current liabilities 37,118 39,452
Derivative warrant liabilities 14,008 25,759
Senior convertible promissory notes, due to related parties 10,604 9,930
Operating lease liability, non-current 282 0
Deferred tax liabilities 33 33
Total liabilities 62,045 75,174
Commitments and contingencies (Note 15)
Stockholders’ deficit:    
Common stock, $0.0001 par value; 500,000,000 authorized shares as of September 30, 2024 and December 31, 2023; 35,715,643 and 21,888,976 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 4 2
Additional paid-in capital 130,199 121,727
Subscription receivable (251) (17,792)
Receivable from shareholder 0 (500)
Accumulated deficit (177,002) (162,130)
Total stockholders’ deficit (47,050) (58,693)
Total liabilities and stockholders’ deficit 14,995 16,481
Convertible Promissory Notes    
Current liabilities:    
Convertible notes 9,709 0
Forward purchase derivative liabilities    
Current liabilities:    
Derivative liabilities 118 15,804
Tranche right derivative liabilities (Tranche Rights)    
Current liabilities:    
Derivative liabilities $ 70 $ 0