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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 18,596 $ 28,484
Accounts receivable, net of allowance for credit losses of $74 thousand and $20 thousand as of June 30, 2024 and December 31, 2023, respectively 4,597 3,948
Inventories, net 10,987 11,594
Prepaid expenses and other current assets 1,104 1,634
Total current assets 35,284 45,660
Property, plant and equipment, net 47,777 50,364
Operating right-of-use lease assets 16,981 16,472
Intangible assets, net 13,665 14,239
Other non-current assets 1,646 1,852
Total assets 115,353 128,587
Current liabilities:    
Accounts payable 1,023 1,493
Accrued liabilities 3,498 5,579
Current portion of operating lease liabilities 1,881 1,803
Current portion of long-term debt 1,011 0
Total current liabilities 7,413 8,875
Deferred tax liabilities 875 919
Other accrued liabilities 54 102
Long-term debt, net 12,271 13,251
Long-term operating lease liabilities 15,812 15,404
Total liabilities 36,425 38,551
Stockholders’ equity:    
Preferred stock, $0.00001 par value, 10,000,000 shares authorized at June 30, 2024 and December 31, 2023, respectively, zero shares issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.00001 par value, 490,000,000 shares authorized at June 30, 2024 and December 31, 2023, 40,915,331 and 40,793,848 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 0 0
Additional paid-in capital 184,175 181,822
Accumulated deficit (105,247) (91,786)
Total stockholders’ equity 78,928 90,036
Total liabilities and stockholders' equity $ 115,353 $ 128,587