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v3.21.2

Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2021
Accounting Policies [Abstract] |
Schedule of Inventory | As of June 30, 2021 and December 31, 2020, inventory consisted of the following (amounts in thousands):
|  | As of |  |  | As of |
|  | June 30, 2021 |  |  | December 31, 2020 |
Raw materials |  | $ | 167 |  |  | $ | 160 |
Work-in-process |  |  | 526 |  |  |  | 440 |
Finished goods |  |  | 69 |  |  |  | 44 |
Inventory |  | $ | 762 |  |  | $ | 644 |
Inventory reserve |  |  | (255 | ) |  |  | (255 | )
Total inventory, net of reserve |  | $ | 507 |  |  | $ | 389 |
Summary of Property and Equipment | As of June 30, 2021 and December 31, 2020, property and equipment consisted of the following (amounts in thousands):
|  | As of |  |  | As of |
|  | June 30, 2021 |  |  | December 31, 2020 |
Leasehold improvement |  | $ | 64 |  |  | $ | 64 |
Furniture and fixtures |  |  | 93 |  |  |  | 93 |
Equipment |  |  | 354 |  |  |  | 335 |
Computer software and hardware |  |  | 197 |  |  |  | 197 |
Property and equipment |  |  | 708 |  |  |  | 689 |
Less accumulated depreciation |  |  | (259 | ) |  |  | (203 | )
Property and equipment, net |  | $ | 449 |  |  | $ | 486 |
Summary of Activity for Goodwill | The following is a summary of the activity for the period ended June 30, 2021 for goodwill:
Carrying amount at December 31, 2020 |  | $ | 759 |
Foreign currency translation |  |  | 24 |
Carrying amount at June 30, 2021 |  | $ | 783 |
Summary of Intangible Assets | Intangible assets as of June 30, 2021 and December 31, 2020 consist of the following:
|  |  |  | As of June 30, 2021 |  |  | As of December 31, 2020 |
|  | Useful Life |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Value |
Customer relationships (1) |  | 1.25 years |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 237 |  |  | $ | (228 | ) |  | $ | 9 |
Acquired proprietary software |  | 5 years |  |  | 155 |  |  |  | (52 | ) |  |  | 103 |  |  |  | 150 |  |  |  | (35 | ) |  |  | 115 |
Reacquired rights |  | 3.87 years |  |  | 519 |  |  |  | (224 | ) |  |  | 295 |  |  |  | 503 |  |  |  | (152 | ) |  |  | 351 |
Internally developed software |  | 3 years |  |  | 84 |  |  |  | (44 | ) |  |  | 40 |  |  |  | 82 |  |  |  | (30 | ) |  |  | 52 |
Total intangible assets |  |  |  | $ | 758 |  |  | $ | (320 | ) |  | $ | 438 |  |  | $ | 972 |  |  | $ | (445 | ) |  | $ | 527 |
Summary of Anticipated Amortization Expense | Amortization expense is anticipated to be as follows in future years:
For the Year Ending December 31, |  |  |  |
2021 (remaining 6 months) |  | $ | 96 |
2022 |  |  | 189 |
2023 |  |  | 127 |
2024 |  |  | 26 |
|  | $ | 438 |
Summary of Basic and Diluted Net Loss per Share | The basic and diluted loss per share for the periods noted below is as follows (amounts in thousands except shares and per share data):
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Basic and Diluted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (5,981 | ) |  | $ | (3,361 | ) |  | $ | (9,343 | ) |  | $ | (8,118 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 2,317,389 |  |  |  | 1,160,661 |  |  |  | 2,179,878 |  |  |  | 1,033,692 |
Basic and diluted net loss per share |  | $ | (2.58 | ) |  | $ | (2.90 | ) |  | $ | (4.29 | ) |  | $ | (7.85 | )

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