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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net sales $ 3,299 $ 2,960 $ 9,032 $ 9,780
Cost of Goods and Services Sold [Abstract]        
Cost of sales 2,008 2,381 5,931 7,318
Inventory write-down 1,184 0 1,184 0
Total cost of sales 3,192 2,381 7,115 7,318
Gross profit 107 579 1,917 2,462
Costs and expenses:        
Research and development 6,996 7,285 19,783 20,885
Sales, general and administrative 7,761 8,255 25,432 30,422
Total costs and expenses 14,757 15,540 45,215 51,307
Loss from operations (14,650) (14,961) (43,298) (48,845)
Other income (expense):        
Gain on fair value adjustment 18,056 0 13,026 0
Foreign currency exchange gain (428) (261) (170) (221)
Interest income 246 73 921 151
Other (expense) income, net (29) (49) 56 (206)
Total other income (expense), net 15,691 (935) (5,036) 961
Net income (loss) before income taxes 1,041 (15,896) (48,334) (47,884)
Provision for income taxes (131) 0 (286) 0
Net income (loss) $ 910 $ (15,896) $ (48,620) $ (47,884)
Basic net income (loss) per share (in usd per share) $ 0.06 $ (1.83) $ (4.13) $ (6.21)
Basic weighted average shares outstanding (in shares) 14,433 8,701 11,777 7,705
Dilutive net income (loss) per share (in usd per share) $ 0.06 $ (1.83) $ (4.13) $ (6.21)
Dilutive weighted average shares outstanding (in shares) 14,553 8,701 11,777 7,705
Other comprehensive loss:        
Net income (loss) $ 910 $ (15,896) $ (48,620) $ (47,884)
Net unrealized gain (loss) on debt securities available-for-sale 0 48 28 (84)
Foreign currency translation adjustment 293 139 12 (101)
Comprehensive income (loss) 1,203 (15,709) (48,580) (48,069)
Nonrelated Party        
Other income (expense):        
Interest expense (2,205) (203) (3,798) (1,833)
Gain (loss) on extinguishment of debt 51 0 (6,499) 3,565
Related Party        
Other income (expense):        
Interest expense 0 (495) (1,817) (495)
Gain (loss) on extinguishment of debt $ 0 $ 0 $ (6,755) $ 0