v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 31,170 $ 434
Accounts receivable, net 30
Inventory, net 500
Prepaid expenses and other current assets 398 507
Current assets of discontinued operations 2,596 23,068
Total current assets 34,694 24,009
Goodwill 9,713
Intangible assets 8,900
Non-current assets of discontinued operations 715 21,261
Total assets 54,022 45,270
Current liabilities:    
Accounts payable 825 2,067
Accrued expenses and other current liabilities 4,090 669
Long-term debt, current 522 766
Related party debt, current 10,000 4,444
Current liabilities of discontinued operations 9,242 33,303
Total current liabilities 24,679 41,249
Warrant liabilities 996 1,290
Long-term debt, net of current 1 16,047
Non-current liabilities of discontinued operations 257 1,394
Total liabilities 25,933 59,980
Commitments and contingencies (Note 18)
Stockholders’ equity (deficit):    
Common Stock, $0.001 par value per share, 35,000,000 and 10,000,000 shares authorized at December 31, 2024 and 2023, respectively,1,952,032 and 113,416 shares issued and outstanding at December 31, 2024 and 2023, respectively [1] 2
Preferred stock value
Additional paid-in capital 335,400 250,857
Accumulated deficit (307,313) (265,567)
Total stockholders’ equity (deficit) 28,089 (14,710)
Total liabilities and stockholders’ equity (deficit) 54,022 45,270
Preferred A Stock    
Stockholders’ equity (deficit):    
Preferred stock value
[1] Periods presented have been adjusted to retroactively reflect the 1-for-20 reverse stock split on July 5, 2023, and for the 1-for-15 reverse stock split on October 8, 2024. Additional information regarding the reverse stock splits may be found in Note 1 - Overview, Basis of Presentation, and Significant Accounting Policies, included in the notes to the consolidated financial statements.