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Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders’ Equity (Deficit) (Unaudited) - USD ($)
$ in Thousands
Preferred Stock
Founders Redeemable Convertible
Preferred Stock
Series A Redeemable Convertible
Contingently Redeemable Common Stock
Legacy Common Stock
Common Stock
Class A
Common Stock
Class B
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Sep. 30, 2022 $ 2,300 $ 34,722 $ (44,141) $ (9,419)
Balance (in Shares) at Sep. 30, 2022 588,235 1,666,666 11,868,397      
Issuance of common stock 5,295 5,295
Issuance of common stock (in Shares) 773,889      
Stock-based compensation 3,856 3,856
Issuance of common stock upon exercise of warrants 900 900
Issuance of common stock upon exercise of warrants (in Shares) 300,000      
Net income (Loss) (9,390) (9,390)
Balance at Dec. 31, 2022 $ 2,300 44,773 (53,531) (8,758)
Balance (in Shares) at Dec. 31, 2022 588,235 1,666,666 12,942,286      
Balance at Sep. 30, 2022 $ 2,300 34,722 (44,141) (9,419)
Balance (in Shares) at Sep. 30, 2022 588,235 1,666,666 11,868,397      
Net income (Loss)                 (22,532)
Balance at Mar. 31, 2023 $ 2,300 61,508 (66,673) (5,165)
Balance (in Shares) at Mar. 31, 2023 588,235 1,666,666 14,424,203      
Balance at Dec. 31, 2022 $ 2,300 44,773 (53,531) (8,758)
Balance (in Shares) at Dec. 31, 2022 588,235 1,666,666 12,942,286      
Issuance of common stock 1,500 1,500
Issuance of common stock (in Shares) 219,475      
Issuance of common stock in settlement of loss contingency 8,434 8,434
Issuance of common stock in settlement of loss contingency (in Shares) 1,233,108      
Issuance of common stock to service providers 201 201
Issuance of common stock to service providers (in Shares) 29,334      
Issuance of warrants to service providers 10 10
Issuance of warrants in connection with notes payable 811 811
Stock-based compensation 5,779   5,779
Net income (Loss) (13,142) (13,142)
Balance at Mar. 31, 2023 $ 2,300 61,508 (66,673) (5,165)
Balance (in Shares) at Mar. 31, 2023 588,235 1,666,666 14,424,203      
Balance at Sep. 30, 2023 $ 2,300 78,421 (83,762) (5,341)
Balance (in Shares) at Sep. 30, 2023 588,235 1,666,666 16,692,175      
Issuance of common stock 3,286 3,286
Issuance of common stock (in Shares) 482,171        
Issuance of contingently redeemable common stock for acquisition of EMI Solutions, Inc. $ 8,856
Issuance of contingently redeemable common stock for acquisition of EMI Solutions, Inc. (in Shares) 964,912          
Lapse of redemption feature on common stock $ (8,856) 8,856 8,856
Lapse of redemption feature on common stock (in Shares) (964,912) 964,912      
Issuance of warrants in connection with notes payable 107 107
Stock-based compensation 12,705 12,705
Reverse recapitalization transactions, net (Note 3) $ (2,300) (16,182) (16,182)
Reverse recapitalization transactions, net (Note 3) (in Shares) (588,235) (1,666,666) (18,139,258) 22,901,838 2,254,901      
Issuance of common stock upon exercise of stock options
Issuance of common stock upon exercise of stock options (in Shares) 168,235      
Issuance of common stock upon exercise of warrants
Issuance of common stock upon exercise of warrants (in Shares) 369,671        
Issuance of common stock upon vesting of RSUs
Issuance of common stock upon vesting of RSUs (in Shares) 104,748      
Net income (Loss) 935 935
Balance at Dec. 31, 2023 87,193 (82,827) 4,366
Balance (in Shares) at Dec. 31, 2023 23,544,492 2,254,901      
Balance at Sep. 30, 2023 $ 2,300 78,421 (83,762) (5,341)
Balance (in Shares) at Sep. 30, 2023 588,235 1,666,666 16,692,175      
Net income (Loss)                 (818)
Balance at Mar. 31, 2024 89,394 (85,241) 4,153
Balance (in Shares) at Mar. 31, 2024 23,600,558 2,254,901      
Balance at Dec. 31, 2023 87,193 (82,827) 4,366
Balance (in Shares) at Dec. 31, 2023 23,544,492 2,254,901      
Stock-based compensation 1,441   1,441
Reverse recapitalization transactions, net (Note 3) 99 99
Issuance of common stock upon exercise of stock options
Issuance of common stock upon exercise of stock options (in Shares) 29,880      
Issuance of common stock upon vesting of RSUs
Issuance of common stock upon vesting of RSUs (in Shares) 26,186      
Deemed dividend from warrant price adjustment 661 (661)
Net income (Loss) (1,753) (1,753)
Balance at Mar. 31, 2024 $ 89,394 $ (85,241) $ 4,153
Balance (in Shares) at Mar. 31, 2024 23,600,558 2,254,901