Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheet to the total amounts in the Condensed Consolidated Statement of Cash Flows as follows:

Dollars in thousands	June 30, 2021		June 30, 2020
Cash and cash equivalents	$	22,626	$	5,851
Restricted cash	206		206
Restricted cash in other assets	560		468
Cash, cash equivalents and restricted cash in the statement of cash flows	$	23,392	$	6,525

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheet to the total amounts in the Condensed Consolidated Statement of Cash Flows as follows:

Dollars in thousands	June 30, 2021		June 30, 2020
Cash and cash equivalents	$	22,626	$	5,851
Restricted cash	206		206
Restricted cash in other assets	560		468
Cash, cash equivalents and restricted cash in the statement of cash flows	$	23,392	$	6,525

Fair Value and Net Carrying Value of Outstanding Convertible Notes

As of June 30, 2021, the fair value and the respective net carrying value of the outstanding Convertible Notes and Preferred Stock are as follows:

Dollars in thousands	Fair Value	Net Carrying Value
2023 Series D Convertible Notes	135	297
Series D Preferred Stock	9,366	15,374

Schedule of Earnings Per Share, Basic and Diluted

For the three and six months ended June 30, 2021, the potential dilutive common stock equivalents have been excluded from the computation of diluted loss per share, as their effect would have been anti-dilutive.

(in thousands except shares and per share data) 

	Three months ended June 30,				Six months ended June 30,
	2021		2020		2021		2020
Basic loss per share computation:
Net loss - basic and diluted	$	(12,866)	$	(14,332)	$	(10,713)	$	(41,168)
Weighted average common shares - basic and diluted	93,410,017		5,593,557		76,037,735		5,491,554
Basic and diluted loss per share	$	(0.14)	$	(2.56)	$	(0.14)	$	(7.50)