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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 39,596 $ 2,409
Accounts receivable, net of allowance for expected credit losses of $123 and $617, respectively 13,803 18,202
Inventories 13,575 20,555
Prepaid expenses and other 5,926 4,937
Current assets held for sale 0 12,123
Total current assets 72,900 58,226
Property, plant and equipment, net of accumulated depreciation of $28,897 and $27,513, respectively 1,102 2,389
Intangible assets, net of accumulated amortization of $33,558 and $31,444, respectively 18,747 25,718
Goodwill 3,949 3,949
Operating lease right-of-use assets 2,855 4,022
Other assets 446 1,256
Non-current assets held for sale 0 26,237
Total assets 99,999 121,797
Current liabilities:    
Accounts payable 18,433 23,408
Accrued expenses and other current liabilities 30,133 21,049
2025 Convertible Notes, net 14,905 0
Revolving credit facility, net 0 4,094
Current liabilities held for sale 0 7,360
Total current liabilities 63,471 55,911
Long-term liabilities:    
2025 Convertible Notes, net 0 159,912
Operating lease liabilities 2,627 3,972
Deferred tax liabilities, net 174 112
2029 Senior Secured Notes, net 41,830 0
Other long-term liabilities 4,755 2,351
Non-current liabilities held for sale 0 1,644
Total liabilities 112,857 223,902
Commitments and Contingencies (Note 11.)
Preferred stock, par value $0.001; 2,000,000 shares authorized:    
Series E Preferred stock, par value $0.001; 39,500 shares designated, 25,000 shares issued and outstanding as of December 31, 2024 and December 31, 2023, aggregate liquidation preference of $38,392,444 as of December 31, 2024 0 0
Common stock, par value $0.001; 150,000,000 shares authorized, 14,990,712 and 11,878,557 shares issued and outstanding as of December 31, 2024 and December 31, 2023 (*), respectively [1] 15 12
Additional paid-in capital [1] 892,534 810,138
Accumulated other comprehensive loss 218 (5,327)
Accumulated deficit (905,625) (906,928)
Total stockholders’ deficit (12,858) (102,105)
Total liabilities and stockholders’ deficit $ 99,999 $ 121,797
[1] Adjusted retroactively for reverse stock split that occurred on January 24, 2024, see Note 1