XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 8,315 $ 12,646
Restricted cash 0 50
Short-term investments 5,677 19,808
Accounts receivable, net 6,936 241
Inventory 6,642 3,322
Prepaid expenses and other current assets 1,312 1,091
Total current assets 28,882 37,158
Property, plant and equipment, net 1,729 1,352
Right-of-use assets 1,070 103
Total assets 31,681 38,613
Current liabilities    
Accounts payable 937 1,012
Accrued expenses 5,706 5,249
Lease liabilities, current 107 37
Loan payable 0 5,239
Convertible notes payable 2,000 4,911
Warrant liability - current 12,834 0
Total current liabilities 21,584 16,448
Warrant liability, non-current 0 5,548
Lease Liabilities, non-current 963 0
Other liabilities, non-current 563 840
Total liabilities 23,110 22,836
Commitments and contingencies (see Note 14)
Stockholders’ equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; 12,342 and 24,819 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 0 0
Common stock, $0.01 par value; 80,000,000 shares authorized; 28,019,599 shares and 22,761,554 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 280 228
Additional paid-in capital 536,430 520,576
Accumulated deficit (528,150) (505,162)
Accumulated other comprehensive income 11 135
Total stockholders’ equity 8,571 15,777
Total liabilities and stockholders’ equity $ 31,681 $ 38,613