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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Cash flows from operating activities:          
Net loss $ (11,588,000) $ (32,735,000) $ (25,818,000) $ (49,530,000)  
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization     1,735,000 1,617,000  
Provision for bad debts 59,000 0 78,000 0  
Equity-based compensation     2,263,000 2,208,000  
Loss on disposal of property and equipment     87,000 68,000  
Unrealized gain on equity investments (13,000) (40,000) (66,000) (90,000)  
Units offering issuance cost     680,000 0  
Gain on extinguishment of accounts payable (743,000) 0 (743,000) 0  
Loss on fair value adjustments 1,002,000 5,030,000 2,219,000 5,030,000  
Paid-in-Kind (PIK) Interest     1,689,000 0  
(Increase) decrease in assets:          
Accounts receivable     265,000 74,000  
Inventory     (139,000) (30,000)  
Prepaid expense and other     85,000 (77,000)  
Increase (decrease) in liabilities:          
Accounts payable     (644,000) (451,000)  
Accrued liabilities and other     (278,000) 348,000  
Deferred revenue and income     (742,000) (69,000)  
Net cash used in operating activities     (16,035,000) (24,188,000)  
Cash flows from investing activities:          
Purchases of equipment     (515,000) (167,000)  
Maturities of marketable securities     0 9,291,000  
Net cash (used in) provided by investing activities     (515,000) 9,124,000  
Cash flows from financing activities:          
Units offering issuance cost     (884,000) 0  
Payments on finance leases (471,000) (462,000) (537,000) (540,000)  
Proceeds from issuance of convertible notes     0 10,000,000  
Transaction costs related to debt and equity issuances     0 (3,731,000)  
Payment of debt     (726,000) 0  
Net cash provided by financing activities     12,835,000 9,729,000  
Effect of exchange rate on cash     165,000 (288,000)  
Decrease in cash and cash equivalents     (3,550,000) (5,623,000)  
Cash and cash equivalents, beginning of period     12,138,000 34,905,000 $ 34,905,000
Cash and cash equivalents, end of period 8,588,000 29,282,000 8,588,000 29,282,000 $ 12,138,000
Non-cash investing activities:          
Net transfer of instruments from inventory to property and equipment     183,000 88,000  
Non-cash financing activities:          
Extinguishment of 5.00% Notes through issuance of common stock     43,000 0  
Exchange of 2.50% Notes and accrued interest for 5.00% Convertible Senior Notes (the “5.00% Notes”)     0 56,893,000  
Debt premium on issuance of 5.00% Notes     0 6,023,000  
Bifurcated derivative liability     0 38,160,000  
Supplemental cash flow information:          
Interest paid     33,000 0  
Convertible Notes          
Adjustments to reconcile net loss to net cash used in operating activities:          
Amortization of debt discount and issuance costs $ 1,718,000 $ 510,000 3,314,000 692,000  
5.00% Convertible Notes Due 2026 | Convertible Notes          
Adjustments to reconcile net loss to net cash used in operating activities:          
Loss on extinguishment of debt     $ 0 $ 0  
Supplemental cash flow information:          
Interest rate 5.00% 5.00% 5.00% 5.00% 5.00%
Nonrelated Party          
Adjustments to reconcile net loss to net cash used in operating activities:          
Amortization of debt discount and issuance costs     $ 3,314,000 $ 692,000  
Loss on extinguishment of debt $ 0 $ 6,550,000 0 6,550,000  
Increase (decrease) in liabilities:          
Accrued interest     (20,000) 900,000  
Cash flows from financing activities:          
Proceeds from issuance of Units     10,232,000 0  
Related Party          
Adjustments to reconcile net loss to net cash used in operating activities:          
Amortization of debt discount and issuance costs     0 1,033,000  
Loss on extinguishment of debt $ 0 $ 6,755,000 0 6,755,000  
Increase (decrease) in liabilities:          
Accrued interest     0 784,000  
Cash flows from financing activities:          
Proceeds from issuance of Units     4,750,000 4,000,000  
Non-cash financing activities:          
Capital contribution from the exchange of secured note and accrued interest through the issuance of common stock with related party     $ 0 $ 25,363,000