v3.24.1.1.u2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 2,419 $ 2,700
Accounts receivable, net 739 633
Inventory 1,369 1,319
Prepaid expenses and other current assets 336 400
Total current assets 4,863 5,052
Goodwill 1,128 1,128
Intangibles, net 302 326
Property and equipment, net 2,194 1,499
Operating lease - right of use asset 1,803 1,855
Other assets 95 95
Total assets 10,385 9,955
Current Liabilities:    
Accounts payable 1,053 1,233
Accrued expenses and other current liabilities 111 398
Deferred revenue 250 20
Current portion of note payable 87 80
Warrant liability 255 146
Contingent consideration liability 439 439
Financing lease liability, current portion 55
Operating lease liabilities, current portion 233 233
Total current liabilities 2,483 2,549
Operating lease liabilities, net of current portion 1,682 1,727
Financing lease liability, net of current portion 352
Notes payable, net of current portion 663 513
Total liabilities 5,180 4,789
Commitments and Contingencies (Note 16)
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $0.001 per share, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.001 per share, 25,000,000 shares authorized; 6,227,624 and 5,741,838 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 6 6
Additional paid-in capital 20,350 19,406
Accumulated deficit (15,568) (14,715)
Total NexGel stockholders’ equity 4,788 4,697
Non-controlling interest in joint venture 417 469
Total stockholders’ equity 5,205 5,166
Total liabilities and stockholders’ equity $ 10,385 $ 9,955

Source

PDF HTML
10-Q Filing
ZIP XLS HTML
XBRL