Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Balance Sheets

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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 3,607 $ 3,173
Restricted cash 0 6,300
Accounts receivable, net 5,781 6,744
Inventories, net 8,557 10,257
Prepaid expenses and other current assets 1,820 1,051
Total Current Assets 19,765 27,525
Fixed assets, net 292 375
Right-of-use assets, operating leases 147 173
Intangible assets, net 9,296 10,059
Other assets 904 544
Total Assets 30,404 38,676
Current Liabilities    
Accounts payable 4,193 2,932
Accrued and other liabilities 2,818 2,596
Line of credit 2,260 0
Warrants liabilities 2,208 0
Operating lease liability 54 52
Total Current Liabilities 11,533 5,580
Non-current Liabilities    
Line of credit, net 0 11,444
Term loan, net 2,550 0
Operating lease liability 96 124
Total Non-current Liabilities 2,646 11,568
Total Liabilities 14,179 17,148
Stockholders’ Equity    
Common Stock, $0.001 par value, 200,000,000 shares authorized, 30,577,148 & 29,430,267 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 30 29
Additional paid-in capital 321,215 320,071
Accumulated deficit (305,020) (298,572)
Total Stockholders’ Equity 16,225 21,528
Total Liabilities and Stockholders’ Equity $ 30,404 $ 38,676