Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 16,277 $ 20,525
Accounts receivable, net of allowances of $11 and $40, respectively 4,827 4,625
Inventories 5,662 5,187
Prepaid expenses and other current assets 831 700
Total current assets 27,597 31,037
Property and equipment, net 2,454 2,680
Right-of-use assets 1,228 1,307
Intangible assets, net 5,136 5,217
Goodwill 431 431
Other assets 258 231
Total assets 37,104 40,903
Current liabilities:    
Accounts payable 3,042 3,151
Accrued liabilities 2,227 2,278
Deferred revenues, current 1,296 1,121
Notes payable, current 2,623 2,310
Lease liabilities, current 349 341
Total current liabilities 9,537 9,201
Deferred revenues 1,367 1,032
Notes payable, net 3,534 3,767
Lease liabilities 999 1,087
Warrant liabilities 259 233
Other non-current liabilities 125 141
Total liabilities 15,821 15,461
Commitments and contingencies (Note 15)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.001 par value; 141,429 shares authorized; 13,342 and 13,203 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 13 13
Additional paid-in capital 249,237 248,813
Accumulated other comprehensive income 369 563
Accumulated deficit (228,336) (223,947)
Total stockholders’ equity 21,283 25,442
Total liabilities and stockholders’ equity $ 37,104 $ 40,903