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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 48,955 $ 70,458
Accounts receivable from customers, net of allowances 189 208
Inventories 364 513
Prepaid expenses 1,226 640
Other current assets 2,248 2,832
Total Current Assets 52,982 74,651
Non-Current Assets    
Plant and equipment, net 4,660 4,774
Operating lease right-of-use assets, net 1,008 1,085
Intangible assets, net 142 189
Total Non-Current Assets 5,810 6,048
TOTAL ASSETS 58,792 80,699
Current Liabilities    
Accounts payable 5,479 5,889
Accrued and other liabilities 7,491 9,921
Current portion of operating lease liabilities 765 747
Current portion of debt obligations 690 3
Total Current Liabilities 14,425 16,560
Non-Current Liabilities    
Operating lease liabilities 535 645
Long-term debt obligations 30 0
Other liabilities 689 812
Total Non-Current Liabilities 1,254 1,457
TOTAL LIABILITIES 15,679 18,017
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value, 400,000,000 shares authorized, 36,062,087 and 35,939,816 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 4 4
Preferred stock, $0.0001 par value, 40,000,000 shares authorized 0 0
Additional paid in capital 352,224 350,036
Accumulated other comprehensive loss (10,717) (10,891)
Accumulated Deficit (298,252) (276,388)
TOTAL STOCKHOLDERS’ EQUITY 43,259 62,761
Non-controlling interests (146) (79)
TOTAL EQUITY 43,113 62,682
TOTAL LIABILITIES AND EQUITY $ 58,792 $ 80,699