Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 1,101 $ 13,350
Marketable securities 5,508
Accounts receivable, net 222 209
Inventory 502 291
Prepaid expenses and other current assets 172 77
Total current assets 7,505 13,927
Goodwill 311 311
Intangibles, net 20 33
Property and equipment, net 721 723
Operating lease - right of use asset 1,737 1,926
Other assets 63 63
Total assets 10,357 16,983
Current Liabilities:    
Accounts payable 265 254
Accrued expenses and other current liabilities 130 62
Convertible notes payable, net of deferred financing costs 2,037
Notes payable, current portion 15 10
Warrant liability 242 318
Operating lease liability, current portion 207 207
Total current liabilities 859 2,888
Operating lease liability, net of current portion 1,593 1,744
Notes payable, net of current portion 268 266
Total liabilities 2,720 4,898
Commitments and Contingencies (Note 15)
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; 5,577,916 and 5,572,234 shares issued and outstanding as of both December 31, 2022 and 2021 6 6
Additional paid-in capital 19,189 18,891
Accumulated deficit (11,558) (6,812)
Total stockholders’ equity 7,637 12,085
Total liabilities and stockholders’ equity $ 10,357 $ 16,983