v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,777 $ 3,450
Restricted cash 250 250
Marketable securities 3,982 8,519
Accounts receivable, net 1,459 1,367
Inventories 1,733 1,676
Prepaid expenses and other current assets 771 1,038
Total current assets 11,972 16,300
Property and equipment, net 183 158
Operating lease right of use assets, net 3,700 3,739
Other assets, net 186 274
Total assets 16,041 20,471
Current liabilities:    
Accounts payable 1,764 1,827
Accrued expenses and other current liabilities 5,728 6,964
Current portion of operating lease liabilities 364 361
Total current liabilities 7,856 9,152
Noncurrent liabilities:    
Operating lease liabilities, noncurrent 3,820 3,775
Total liabilities 11,676 12,927
Stockholders’ equity:    
Common Stock, par value $0.001 per share; 500,000,000 shares authorized at March 31, 2025 and December 31, 2024; 7,420,452 shares issued and outstanding at March 31, 2025 and 6,650,854 shares issued and outstanding at December 31, 2024 7 7
Additional paid-in capital 185,233 184,513
Accumulated deficit (180,945) (177,090)
Accumulated other comprehensive income 70 114
Total stockholders’ equity 4,365 7,544
Total liabilities and stockholders’ equity $ 16,041 $ 20,471