v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 2,321 $ 2,487
Accounts receivable, net 2,663 198
Inventories, net 6,252 7,087
Prepaid expenses and other current assets 1,238 1,485
Total current assets 12,474 11,257
Property and equipment, net 97 120
Equity method investment 17,835 15,925
Right of use assets 3,642 4,072
Investment in convertible bond 25,716 27,866
Other assets 293 296
Total assets 60,057 59,536
CURRENT LIABILITIES    
Accounts payable and accrued expenses 6,973 7,460
Operating lease liabilities, current portion 718 1,143
Conversion feature derivative, notes payable 6,733  
Other current liabilities 4,940 2,706
Revolving line of credit from related party 600 800
Warrant derivative liabilities 1,393 1,071
Notes payable, current portion 3,269 4,588
Notes payable to related parties 400 134
Convertible debentures, net of discount   5,480
Total current liabilities 25,026 23,382
Operating lease liabilities, less current portion 3,449 3,470
Other long-term liabilities 32,275 34,470
Notes payable, less current portion 1,500 222
Convertible notes payable 12,908 3,150
Total liabilities 75,158 64,694
STOCKHOLDERS’ DEFICIT    
Preferred stock, par value $0.001 per share, 15,000,000 shares authorized, none issued or outstanding
Common stock, par value $0.001 per share, 250,000,000 shares authorized, 49,311,864 and 48,987,198 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 49 49
Additional paid-in capital 220,017 218,728
Accumulated other comprehensive income (763) 1,144
Accumulated deficit (234,404) (225,079)
Total stockholders’ deficit (15,101) (5,158)
Total liabilities and stockholders’ deficit $ 60,057 $ 59,536

Source