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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,408 $ 34,905
Investments 2,457 10,656
Trade accounts receivable, net 2,427 2,416
Inventory 5,270 5,194
Prepaid expenses 1,697 818
Other current assets 1,575 2,025
Total current assets 42,834 56,014
Property and equipment, net 3,216 3,478
Finance lease assets, net 2,161 2,422
Operating lease right of use assets, net 1,696 1,859
Other non-current assets 1,095 1,242
Total assets 51,002 65,015
Current liabilities:    
Accounts payable 3,524 4,501
Accrued liabilities 4,836 2,682
Accrued interest 707 472
Deferred revenue 468 547
Current portion of convertible notes 56,595 56,413
Finance lease, current 1,113 1,113
Operating lease, current 882 829
Total current liabilities 68,125 66,557
Finance lease, non-current 705 782
Operating lease, non-current 1,308 1,545
Other non-current liabilities 1,055 874
Accrued interest related-party 1,104 663
Long-term debt related-party 17,430 16,858
Total liabilities 89,727 87,279
Commitments and contingencies (see Note 14)
Stockholders’ deficit:    
Preferred shares, $0.001 par value; 5,000,000 preferred shares authorized and 3,954,546 outstanding as of March 31, 2023 and December 31, 2022 4 4
Common stock, $0.001 par value; 200,000,000 common shares authorized with 97,240,983 shares issued and outstanding on March 31, 2023 and 100,000,000 common shares authorized with 67,649,018 shares issued and outstanding on December 31, 2022 100 97
Contributed capital 630,903 630,341
Treasury stock (45,067) (45,067)
Accumulated deficit (624,034) (607,239)
Accumulated other comprehensive loss (631) (400)
Total stockholders’ deficit (38,725) (22,264)
Total liabilities and stockholders’ deficit $ 51,002 $ 65,015