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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 28,484 $ 42,236
Accounts receivable, net of allowance for doubtful accounts of $20 thousand and $22 thousand 3,948 4,261
Inventories, net 11,594 12,247
Income taxes receivable 0 22
Prepaid expenses and other current assets 1,634 2,374
Total current assets 45,660 61,140
Property, plant and equipment, net 50,364 51,577
Operating lease right-of-use assets 16,472 19,736
Intangible assets, net 14,239 17,556
Other non-current assets 1,852 2,252
Total assets 128,587 152,261
Current liabilities:    
Accounts payable 1,493 2,449
Accrued liabilities 5,579 6,203
Current portion of operating lease liabilities 1,803 2,223
Total current liabilities 8,875 10,875
Deferred tax liabilities 919 1,223
Other accrued liabilities 102 191
Long-term debt 13,251 21,976
Long-term operating lease liabilities 15,404 18,111
Total liabilities 38,551 52,376
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 10,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively, zero shares issued and outstanding at December 31, 2023 and December 31, 2022 0 0
Common stock, $0.00001 par value, 490,000,000 shares authorized at December 31, 2023 and December 31, 2022, respectively, 40,727,780 and 28,179,423 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 181,822 154,891
Accumulated deficit (91,786) (55,006)
Total stockholders’ equity 90,036 99,885
Total liabilities and stockholders equity $ 128,587 $ 152,261