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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 15,098 $ 12,138
Investments 1,199 1,081
Trade accounts receivable, net 2,037 2,622
Inventory 2,852 3,310
Prepaid expenses 208 380
Purchase obligation - put option asset 0 3,419
Other current assets 844 1,516
Total current assets 22,238 24,466
Property and equipment, net 2,575 2,389
Finance lease assets, net 336 1,518
Operating lease right-of-use assets, net 2,907 1,177
Other non-current assets 500 1,816
Total assets 28,556 31,366
Current liabilities:    
Accounts payable 4,844 4,796
Accrued liabilities 2,873 3,243
Accrued interest 148 164
Deferred revenue and income, current 1,638 1,545
Notes payable, current 16,512 0
Warrant liability 4,559 0
Finance lease, current 92 583
Operating lease, current 535 977
Total current liabilities 31,201 12,034
Finance lease, non-current 30 262
Operating lease, non-current 2,568 570
Deferred revenue and income, non-current 2,277 1,122
Other non-current liabilities 1,681 1,164
Convertible notes, non-current 46,839 36,102
Total liabilities 84,596 51,254
Commitments and contingencies (see Note 16)
Stockholders' deficit:    
Preferred shares, $0.001 par value; 5,000,000 preferred shares authorized with no shares issued and outstanding at December 31, 2024 and no shares issued and outstanding at December 31, 2023 0 0
Common stock, $0.001 par value; 450,000,000 common shares authorized with 25,186,582 shares issued and outstanding at December 31, 2024 and 450,000,000 common shares authorized with 14,569,500 shares issued and outstanding at December 31, 2023 25 14
Contributed capital 707,907 694,634
Treasury stock (45,067) (45,067)
Accumulated deficit (718,899) (668,857)
Accumulated other comprehensive loss (6) (612)
Total stockholders' deficit (56,040) (19,888)
Total liabilities and stockholders' deficit 28,556 31,366
Convertible Notes Payable, Current $ 0 $ 726