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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 12,059,000 $ 12,752,000 $ 11,782,000
Cost of sales:      
Cost of sales of products and services 8,325,000 9,449,000 7,663,000
Inventory write-down 1,184,000 0 4,500,000
Total cost of sales 9,509,000 9,449,000 12,163,000
Gross profit (loss) 2,550,000 3,303,000 (381,000)
Costs and expenses:      
Research and development 25,353,000 26,915,000 21,943,000
Sales, general and administrative 31,225,000 39,193,000 49,236,000
Total costs and expenses 56,578,000 66,108,000 71,179,000
Loss from operations (54,028,000) (62,805,000) (71,560,000)
Other (expense) income:      
Gain on fair value adjustment 12,955,000 0 0
Foreign currency exchange gain (loss) 71,000 117,000 (413,000)
Interest income 1,123,000 551,000 88,000
Other expense, net 108,000 (227,000) (20,000)
Total other (expense) income, net (6,740,000) 235,000 (6,097,000)
Net loss before income taxes (60,768,000) (62,570,000) (77,657,000)
(Provision) benefit for income taxes (850,000) 77,000 (45,000)
Net loss $ (61,618,000) $ (62,493,000) $ (77,702,000)
Basic net loss per share (in dollars per share) $ (4.94) $ (7.61) $ (12.59)
Diluted net loss per share ( in dollars per share) $ (4.94) $ (7.61) $ (12.59)
Weighted average shares outstanding, basic (in shares) 12,477 8,216 6,173
Weighted average shares outstanding, diluted (in shares) 12,477 8,216 6,173
Other comprehensive loss:      
Net loss $ (61,618,000) $ (62,493,000) $ (77,702,000)
Net unrealized gain (loss) on available-for-sale investments 29,000 (14,000) (34,000)
Foreign currency translation adjustment (241,000) (326,000) (117,000)
Comprehensive loss (61,830,000) (62,833,000) (77,853,000)
Nonrelated Party      
Other (expense) income:      
Interest expense (5,926,000) (2,274,000) (15,545,000)
(Loss) gain on extinguishment of debt (6,499,000) 3,565,000 9,793,000
Related Party      
Other (expense) income:      
Interest expense (1,817,000) (1,497,000) 0
(Loss) gain on extinguishment of debt $ (6,755,000) $ 0 $ 0