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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 2,151 $ 12,014
Restricted cash 10,000
Marketable securities 381 44,550
Accounts receivable, net of allowance for doubtful accounts of $3,125 and $1,415 at September 30, 2022 and December 31, 2021, respectively 4,559 7,222
Inventory, net of reserves of $1,909 and $942 at September 30, 2022 and December 31, 2021, respectively 41,791 20,498
Prepaid and refundable taxes 204
Prepaid expenses and other current assets 4,296 2,452
Total current assets 63,382 86,736
Loan receivable, net of allowance for doubtful accounts of $21,770 and $0 at September 30, 2022 and December 31, 2021, respectively 29,232 22,255
Property and equipment, net 13,208 6,232
Right-of-use, net 2,470 1,479
Goodwill 50,090
Intangible assets, net 14,072
Other non-current assets 1,899 1,184
Total assets 110,191 182,048
Current liabilities:    
Accounts payable 9,558 9,151
Accrued expenses and other current liabilities 20,505 28,764
Operating lease liabilities, current 822 814
Long-term debt, current 492 1,089
Deferred revenue 10,136 3,772
Total current liabilities 41,513 43,590
Other non-current liabilities 187 318
Warrant liabilities 971
Operating lease liabilities, non-current 1,744 704
Long-term debt 30,380 12
Total liabilities 74,795 44,624
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Common Stock, $0.001 par value per share, 100,000,000 and 50,000,000 shares authorized at September 30, 2022 and December 31, 2021, respectively, 2,691,008 and 2,220,710 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively (1) [1] 3 2
Preferred Stock, $0.001 par value per share, 2,895,000 shares authorized, no shares issued or outstanding
Preferred A Stock, $0.001 par value per share, 105,000 shares authorized, no shares issued or outstanding
Additional paid-in capital [1] 242,549 196,032
Accumulated deficit (207,526) (58,975)
Total stockholders’ equity 35,026 137,059
Non-controlling interests 370 365
Total liabilities and stockholders’ equity $ 110,191 $ 182,048
[1] Periods presented have been adjusted to reflect the 1-for-1.581804 reverse stock split on January 12, 2021 and the 1-for-10 reverse stock split on October 18, 2022. Additional information regarding the reverse stock splits may be found in Note 1 – Overview, Basis of Presentation and Significant Accounting Policies, included elsewhere in the notes to the condensed consolidated financial statements.