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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Inventory

As of December 31, 2020 and 2019, inventory consisted of the following (amounts in thousands):

		As of				As of
		December 31, 2020				December 31, 2019
Raw materials		$	160			$	144
Work-in-process			440				375
Finished goods			44				129
Inventory		$	644			$	648
Inventory reserve			(255	)			(50	)
Total inventory, net of reserve		$	389			$	598

Summary of Property and Equipment

The following tables summarizes the Company’s property and equipment as of December 31, 2020 and 2019 (amounts in thousands):  

		As of December 31,
		2020				2019
Leasehold improvement		$	64			$	182
Furniture and fixtures			93				247
Equipment			335				286
Computer hardware and software			197				182
Property and equipment			689				897
Less accumulated depreciation			(203	)			(185	)
Property and equipment, net		$	486			$	712

Summary of Recognized Fair Values of Identifiable Assets Acquired and Liabilities Assumed

The following table summarizes the recognized fair values of identifiable assets acquired and liabilities assumed as of October 30, 2019:

		October 30, 2019
Assets:		Fair Value
Cash and cash equivalents		$	1
Other receivables			19
Fixed assets			7
Intangibles			1,053
Goodwill			737
Total assets		$	1,817
Liabilities:
Accounts payable			186
Other current liabilities			9
Total liabilities		$	195
Net assets acquired		$	1,622

Summary of Activity for Goodwill

The following is a summary of the activity for the years ended December 31, 2020 and December 31, 2019 for goodwill:

Carrying amount at December 31, 2018		$	—
Business acquisition			1,226
Foreign currency translation			16
Carrying amount at December 31, 2019		$	1,242
Business acquisition fair value allocation adjustment			(503	)
Foreign currency translation			20
Carrying amount at December 31, 2020		$	759

Summary of Intangible Assets

Intangible assets as of December 31, 2020 and December 31, 2019 consist of the following:

				As of December 31, 2020								As of December 31, 2019
		Useful Life		Gross Carrying Amount				Accumulated Amortization				Gross Carrying Amount				Accumulated Amortization
Customer relationships		1.25 years		$	237			$	(228	)		$	423			$	(55	)
Acquired proprietary software		5 years			150				(35	)			148				(5	)
Reacquired rights		3.87 years			503				(152	)			—				—
Internally developed software		3 years			82				(30	)			75				(4	)
Total intangible assets				$	972			$	(445	)		$	646			$	(64	)

Summary of Anticipated Amortization Expense

Amortization expense is anticipated to be as follows in future years:

For the Year Ending December 31,
2021		$	197
2022			183
2023			122
2024			25
		$	527

Summary of Derivative Financial Instruments and Stock-Based Compensation Liability for Non-employee Stock Options

The following table summarizes the Company’s derivative financial instruments within the fair value hierarchy as of December 31, 2020 and 2019 (amounts in thousands):

		Fair Value				Level 1				Level 2				Level 3
December 31, 2020
Liabilities:
Derivative financial instruments		$	—			$	—			$	—			$	—
December 31, 2019
Liabilities:
Derivative financial instruments		$	5			$	—			$	—			$	5

Summary of Basic and Diluted Loss per Share

The basic and diluted loss per share for the periods noted below is as follows (amounts in thousands, except for share and per share amounts):

		For the Year Ended December 31,
		2020				2019
Basic and Diluted
Numerator
Net loss		$	(14,130	)		$	(9,781	)
Denominator
Weighted-average common shares outstanding - basic and diluted			1,197,774				752,932
Basic and diluted net loss per share		$	(11.80	)		$	(12.99	)

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