v3.25.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,545,000 $ 1,769,000
Accounts receivable, net of reserves of $0 1,278,000 990,000
Prepaid expenses and other current assets 590,000 1,098,000
Inventories 273,000 326,000
Total current assets 3,686,000 4,183,000
Property and equipment, net 44,000 69,000
Right-of-use assets 1,077,000 1,194,000
Other assets 127,000 45,000
Total assets 4,934,000 5,491,000
Current liabilities:    
Accounts payable 1,743,000 2,173,000
Accrued liabilities 1,829,000 2,445,000
Current portion of long-term debt 232,000 229,000
Short-term debt 154,000 614,000
Current maturities of lease liabilities 140,000 7,000
Total current liabilities 4,098,000 5,468,000
Non-current liabilities:    
Long-term debt 1,160,000 1,278,000
Non-current maturities of lease liabilities 1,121,000 1,248,000
Warrant liabilities 1,240,000 60,000
Total liabilities 7,619,000 8,054,000
Commitments and contingencies (Note 4)
Stockholders’ deficit:    
Common stock, par value $0.001 per share, 200,000,000 and 200,000,000 shares authorized at June 30, 2025 and December 31, 2024, respectively; 35,637,325 and 17,407,120 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 36,000 17,000
Additional paid-in capital 533,195,000 528,817,000
Accumulated deficit (535,916,000) (531,397,000)
Total stockholders’ deficit (2,685,000) (2,563,000)
Total liabilities and stockholders’ deficit $ 4,934,000 $ 5,491,000