XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheet - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 22,282,000 $ 82,806,000
Short-term investments 39,607,000  
Accounts receivable, net of allowance for bad debts of $13 and $0 at June 30, 2022 and December 31, 2021, respectively 4,885,000 3,665,000
Inventory 1,776,000 2,368,000
Prepaid expenses and other current assets 3,477,000 4,345,000
Total current assets 72,027,000 93,184,000
Property and equipment, net 6,306,000 3,456,000
Right-of-use assets 1,747,000 2,281,000
Long-term deposits 734,000 609,000
Goodwill 14,330,000 14,330,000
Other intangible assets, net 2,140,000 2,397,000
Total Assets 97,284,000 116,257,000
Current liabilities:    
Accounts payable 3,870,000 2,499,000
Accrued employee expenses 3,999,000 3,849,000
Finance lease liability, current portion 39,000 81,000
Operating lease liability, current portion 596,000 1,156,000
Deferred revenue, current portion 4,086,000 205,000
Other accrued liabilities 981,000 1,005,000
Notes payable, current portion 4,204,000 603,000
Other current liabilities 469,000 335,000
Total current liabilities 18,244,000 9,733,000
Operating lease liability, net of current portion 1,249,000 1,394,000
Notes payable, net of discount and current portion 10,712,000 14,088,000
Derivative liabilities 112,000 108,000
Deferred revenue, net of current portion 2,247,000 150,000
Total liabilities 32,564,000 25,473,000
Commitments and contingencies (Note 11)
Stockholders' equity    
Preferred stock, $.0001 par value; 5,000,000 shares authorized at June 30, 2022 and December 31, 2021. No shares issued and outstanding 0 0
Common stock, $.0001 par value; 100,000,000 shares authorized at June 30, 2022 and December 31, 2021; 29,514,071 and 29,318,578 shares issued and outstanding at June 30, 2022 and December 31, 2021,respectively 5,000 5,000
Additional paid-in capital 158,044,000 156,049,000
Accumulated other comprehensive loss (34,000)  
Accumulated deficit (93,295,000) (65,270,000)
Total stockholders' equity 64,720,000 90,784,000
Total liabilities and stockholders' equity $ 97,284,000 $ 116,257,000