Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]    
Net sales $ 34,975 $ 38,592
Cost of goods sold 21,986 26,795
Gross profit 12,989 11,797
Operating expenses:    
Selling, general and administrative 18,956 24,444
Impairment of intangible assets 8,532
Total operating expenses 18,956 32,976
Loss from operations (5,967) (21,179)
Other income (expense):    
Interest expense (467) (1,353)
Change in fair value of warrant liabilities (236)
Gain on extinguishment of debt and accounts payable 6,206
Other income 69
Total other income (expense) 5,808 (1,589)
Net loss before income taxes (159) (22,768)
Income tax expense (9) (2)
Net loss available to common stockholders $ (168) $ (22,770)
Weighted average number of shares outstanding, basic 1,615,487 705,185
Weighted average number of shares outstanding, diluted 1,615,487 705,185
Net loss per share available to common stockholders, basic $ (0.10) $ (32.29)
Net loss per share available to common stockholders, diluted $ (0.10) $ (32.29)