XML 19 R5.htm IDEA: XBRL DOCUMENT v3.24.4
Condensed Consolidated Statements of Mezzanine and Stockholders’ Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Series A Preferred Stock
As previously reported
Series A Preferred Stock
Adjustments
 [1]
Series A Preferred Stock
Common Stock
As previously reported
Common Stock
Adjustments
 [1]
Common Stock
Additional Paid-in Capital
As previously reported
Additional Paid-in Capital
Adjustments
 [1]
Additional Paid-in Capital
Accumulated Deficit
As previously reported
Accumulated Deficit
Adjustments
 [1]
Accumulated Deficit
Mezzanine Equity
As previously reported
Adjustments
Total
Balance at Dec. 31, 2021 $ 3 $ 3 $ 97,593 $ (5,384) $ 92,209 $ (81,394) $ 4,204 $ (77,190)   $ 16,202 $ (1,180) [1] $ 15,022
Balance (in Shares) at Dec. 31, 2021 1,545 1,545 29,157 29,157                    
Cancellation of shares                      
Cancellation of shares (in Shares)           (11)                    
Conversion of preferred stock                      
Conversion of preferred stock (in Shares)     (45)     48                    
Issuance of shares in conjunction with QPhoton Merger           $ 3     67,127           67,130
Issuance of shares in conjunction with QPhoton Merger (in Shares)           26,615                    
Preferred stock dividends                     (889)       (889)
Preferred OID Amortization                 318             318
Stock-based compensation               9,493           9,493
Stock-based compensation (in Shares)           20                    
Stock-based compensation for services               28           28
Stock-based compensation for services (in Shares)           135                    
Net loss                 (25,978)   (38,594) 12,616 (25,978) [2]
Balance at Dec. 31, 2022     [1],[3]     $ 6 [1],[3]     169,175 [1],[3]     (104,057) [1],[3]   74,897 (9,773) 65,124 [1],[3]
Balance (in Shares) at Dec. 31, 2022 [1],[3]     1,500     55,963                    
Issuance of shares for cash         $ 2     22,762           22,764
Issuance of shares for cash (in Shares)           15,291                    
Conversion of preferred stock             1           1
Conversion of preferred stock (in Shares)     (10)     11                    
Preferred stock dividends                 (646)       (646)
Stock-based compensation             2,904           2,904
Stock-based compensation (in Shares)           2,330                    
Stock-based compensation for services             2,407           2,407
Stock-based compensation for services (in Shares)           1,500                    
Net loss                 (20,395)   1,000   (20,395) [4],[5]
Balance at Sep. 30, 2023     [3]     $ 8 [3]     197,249 [3]     (125,098) [3]   9,100   72,159 [3]
Balance (in Shares) at Sep. 30, 2023 [3]     1,490     75,095                    
Balance at Dec. 31, 2022     [1],[3]     $ 6 [1],[3]     169,175 [1],[3]     (104,057) [1],[3]   74,897 (9,773) 65,124 [1],[3]
Balance (in Shares) at Dec. 31, 2022 [1],[3]     1,500     55,963                    
Issuance of shares for cash           $ 2     24,728             24,730
Issuance of shares for cash (in Shares)           17,572                    
Conversion of preferred stock                 1           1
Conversion of preferred stock (in Shares)     (10)     11                    
Preferred stock dividends                       (861)       (861)
Stock-based compensation                 4,238           4,238
Stock-based compensation (in Shares)           2,330                    
Stock-based compensation for services                 2,493           2,493
Stock-based compensation for services (in Shares)           1,575                    
Net loss                 (27,022)   (29,731) 2,709 (27,022) [2]
Balance at Dec. 31, 2023     [1]     $ 8 [1]     200,635 [1]     (131,940) [1]   73,269 (4,566) 68,703 [1]
Balance (in Shares) at Dec. 31, 2023 [1]     1,490     77,451                    
Balance at Jun. 30, 2023 [3]         $ 7     187,751     (118,042)       69,716
Balance (in Shares) at Jun. 30, 2023 [3]     1,490     67,215                    
Issuance of shares for cash         $ 1     8,536           8,537
Issuance of shares for cash (in Shares)           6,380                    
Conversion of preferred stock                      
Preferred stock dividends                 (215)       (215)
Stock-based compensation             984           984
Stock-based compensation (in Shares)           1,500                    
Stock-based compensation for services             (22)           (22)
Net loss                 (6,841)   1,400   (6,841) [5]
Balance at Sep. 30, 2023     [3]     $ 8 [3]     197,249 [3]     (125,098) [3]   9,100   72,159 [3]
Balance (in Shares) at Sep. 30, 2023 [3]     1,490     75,095                    
Balance at Dec. 31, 2023     [1]     $ 8 [1]     200,635 [1]     (131,940) [1]   $ 73,269 $ (4,566) 68,703 [1]
Balance (in Shares) at Dec. 31, 2023 [1]     1,490     77,451                    
Issuance of shares for cash         $ 1     14,628           14,629
Issuance of shares for cash (in Shares)           16,605                    
Reclassification of Series A preferred stock to mezzanine equity             (8,195)     $ 8,195     (8,195)
Repurchase of redeemable shares                 (2,732)    
Repurchase of redeemable shares (in Shares)     (497)                          
Stock-based compensation             2,473           2,473
Stock-based compensation (in Shares)           218                    
Stock-based compensation for services             134           134
Stock-based compensation for services (in Shares)           142                    
Net loss                 (17,305)       (17,305)
Balance at Sep. 30, 2024         $ 9     209,675     (149,245) 5,463     60,439
Balance (in Shares) at Sep. 30, 2024     993     94,416                    
Balance at Jun. 30, 2024         $ 9     209,086     (143,570) 6,829     65,525
Balance (in Shares) at Jun. 30, 2024     1,241     94,416                    
Issuance of shares for cash                    
Repurchase of redeemable shares                 (1,366)    
Repurchase of redeemable shares (in Shares)     (248)                          
Stock-based compensation             587           587
Stock-based compensation for services             2           2
Net loss                 (5,675)       (5,675)
Balance at Sep. 30, 2024         $ 9     $ 209,675     $ (149,245) $ 5,463     $ 60,439
Balance (in Shares) at Sep. 30, 2024     993     94,416                    
[1] As described in Note 3 to the Consolidated Financial Statements appearing elsewhere in this Amendment, we have restated the Consolidated Financial Statements.
[2] As described in Note 3 to the Consolidated Financial Statements appearing elsewhere in this Amendment, we have restated the Consolidated Financial Statements.
[3] As described in Note 15 to these unaudited condensed consolidated financial statements, we have restated the condensed consolidated statements of stockholders’ equity for the three and nine months ended September 30, 2023.
[4] As described in Note 15 to these unaudited condensed consolidated financial statements, we have restated the unaudited condensed consolidated statement of cash flows for the nine months ended September 30, 2023.
[5] As described in Note 15 to these unaudited condensed consolidated financial statements, we have restated the unaudited condensed consolidated statements of operations for the three and nine months ended September 30, 2023.