Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,427 $ 13,350
Marketable securities 5,985
Accounts receivable, net 265 209
Inventory 399 291
Prepaid expenses and other current assets 239 77
Total current assets 8,315 13,927
Goodwill 311 311
Intangibles, net 23 33
Property and equipment, net 737 723
Operating lease - right of use asset 1,785 1,926
Other assets 63 63
Total assets 11,234 16,983
Current Liabilities:    
Accounts payable 358 254
Accrued expenses and other current liabilities 164 62
Convertible notes payable 2,037
Notes payable, current portion 14 10
Warrant liability 372 318
Operating lease liability, current portion 207 207
Total current liabilities 1,115 2,888
Long-Term Liabilities:    
Operating lease liability, net of current portion 1,632 1,744
Notes payable, net of current portion 269 266
Total long-term liabilities 1,901 2,010
Total liabilities 3,016 4,898
Commitments and Contingencies (Note 14)
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; 5,572,234 shares issued and outstanding as of both September 30, 2022 and December 31, 2021 6 6
Additional paid-in capital 19,122 18,891
Accumulated deficit (10,910) (6,812)
Total stockholders’ equity 8,218 12,085
Total liabilities and stockholders’ equity $ 11,234 $ 16,983