v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash, cash equivalents and restricted cash $ 28,438 $ 70,458
Accounts receivable from customers, net of allowances 687 208
Inventories 449 513
Prepaid expenses 1,191 640
Other current assets 1,447 2,832
Total Current Assets 32,212 74,651
Non-Current Assets    
Plant and equipment, net 4,933 4,774
Operating lease right-of-use assets, net 2,121 1,085
Intangible assets, net 98 189
Other assets 514 0
Total Non-Current Assets 7,666 6,048
TOTAL ASSETS 39,878 80,699
Current Liabilities    
Accounts payable 5,398 5,889
Accrued and other liabilities 6,873 9,921
Current portion of operating lease liabilities 681 747
Current portion of debt obligations 387 3
Total Current Liabilities 13,339 16,560
Non-Current Liabilities    
Operating lease liabilities 1,710 645
Long-term debt obligations 30 0
Other liabilities 767 812
Total Non-Current Liabilities 2,507 1,457
TOTAL LIABILITIES 15,846 18,017
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Common stock, $0.0001 par value, 400,000,000 shares authorized, 36,062,370 and 35,939,816 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 4 4
Preferred stock, $0.0001 par value, 40,000,000 shares authorized, no shares outstanding 0 0
Additional paid in capital 353,766 350,036
Accumulated other comprehensive loss (10,278) (10,891)
Accumulated deficit (319,086) (276,388)
TOTAL STOCKHOLDERS’ EQUITY 24,406 62,761
Non-controlling interests (374) (79)
TOTAL EQUITY 24,032 62,682
TOTAL LIABILITIES AND EQUITY $ 39,878 $ 80,699