v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 1,389 $ 2,547
Accounts receivable, net 2,623 5,524
Inventories, net 1,635 1,711
Prepaid expenses and other current assets 1,120 1,727
Total current assets 6,767 11,509
Property and equipment, net 46 59
Right of use assets 1,530 2,337
Investment in convertible bond 15,037 20,978
Other assets 222 296
Total assets 23,602 35,179
CURRENT LIABILITIES    
Accounts payable and accrued expenses 16,926 16,951
Operating lease liabilities, current portion 2,423 1,639
Conversion feature derivative, notes payable 162 451
Other current liabilities 16,557 14,681
Warrant derivative liabilities 8 65
Convertible notes payable, net of discount 17,014 16,383
Total current liabilities 63,555 61,507
Operating lease liabilities, less current portion 815 1,839
Other long-term liabilities 13,465 17,363
Total liabilities 80,081 82,935
Commitments and contingent liabilities (Note 11)
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, 63,865,571 and 61,845,963 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 64 62
Additional paid-in capital 225,896 225,333
Net loan receivable from EJ Holdings (16,869) (16,869)
Accumulated other comprehensive loss (2,995) (160)
Accumulated deficit (262,575) (256,122)
Total stockholders' deficit (56,479) (47,756)
Total liabilities and stockholders' deficit 23,602 35,179
Nonrelated Party [Member]    
CURRENT LIABILITIES    
Notes payable, current portion, net of discount 7,093 8,215
Related Party [Member]    
CURRENT LIABILITIES    
Notes payable, current portion, net of discount 3,372 3,122
Notes payable, less current portion, net of discount $ 2,246 $ 2,226

Source

PDF HTML
10-K Filing
ZIP XLS HTML
XBRL