Balance Sheet

v3.24.3

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 4,743	$ 4,455
Accounts receivable, net	5,726	4,354
Note receivable	1,450
Inventories	3,930	6,611
Prepaid expenses and other current assets	477	812
Total Current Assets	16,326	16,232
Fixed assets, net	158	230
Right-of-use assets, operating leases	78	120
Goodwill	405
Other assets	205	155
Total Assets	17,172	16,737
Current Liabilities
Accounts payable	3,217	6,928
Accrued and other liabilities	1,631	2,085
Credit facility, net	1,944	1,741
Term loan, net		2,881
Operating lease liability	60	57
Total Current Liabilities	6,852	13,692
Non-current Liabilities
Operating lease liability	21	67
Total Non-current Liabilities	21	67
Total Liabilities	6,873	13,759
Stockholders’ Equity
Common Stock, $0.001 par value, 200,000,000 shares authorized, 1,755,139 & 729,026 shares issued and outstanding as of September 30, 2024, and December 31, 2023, respectively	2	1
Additional paid-in capital	330,290	324,319
Accumulated deficit	(319,993)	(321,342)
Total Stockholders’ Equity	10,299	2,978
Total Liabilities and Stockholders’ Equity	$ 17,172	$ 16,737

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Source