v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 6,500 $ 3,598
Account and other receivables, net of allowance totaling $0.5 and $61.0 respectively 97 196
Prepaid expenses and other current assets 575 465
Inventories 425 502
Other current assets 20 10
Total current assets 7,617 4,771
Inventories, net 443 465
Property and equipment, net 575 922
Intangible assets, net 15 16
Operating lease right of use asset 2,688 3,159
Other long-term assets 111 80
Total assets 11,449 9,413
Current liabilities:    
Accounts payable 438 299
Accrued liabilities 1,161 986
Debt 131 32
Derivative liabilities 121 208
Current portion of operating lease liability 359 456
Other current liabilities 1 1
Total current liabilities 2,211 1,982
Operating lease liability, net of current portion 3,146 3,537
Total liabilities 5,357 5,519
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 250,000,000 shares authorized; 2,516,311 and 1,342,853 shares issued and 2,486,646 and 1,342,853 outstanding as of March 31, 2025 and December 31, 2024, respectively. 25 13
Treasury Stock, 29,665 shares as of March 31, 2025 (86)
Additional paid-in capital 290,183 285,619
Accumulated deficit (284,030) (281,738)
Total stockholders’ equity 6,092 3,894
Total liabilities and stockholders’ equity 11,449 9,413
Series B Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Series C Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Series D Convertible Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value