Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenues, net $ 2,048 $ 1,551
Cost of revenues 1,792 1,543
Gross profit 256 8
Operating expenses    
Research and development 367 31
Selling, general and administrative 3,237 2,547
Total operating expenses 3,604 2,578
Loss from operations (3,348) (2,570)
Other income (expense)    
Change in fair value of warrant liability and warrant modification expense 76 8
Forgiveness of debt 275
Debt financing costs (68)
Unrealized gain on investments in marketable securities 9
Loss on debt extinguishment (150) (25)
Interest expense (1,336) (1,930)
Other income 3
Total other income (expense) (1,398) (1,740)
Net loss $ (4,746) $ (4,310)
Net loss per common share – basic and diluted $ (0.85) $ (1.45)
Weighted average shares used in computing net loss per common share – basic and diluted 5,574,818 2,979,962