Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and restricted cash $ 5,885 $ 8,638
Accounts receivable, net of allowances of $28 and $79, respectively 6,520 5,645
Inventories 4,974 5,050
Prepaid expenses and other current assets 1,263 875
Total current assets 18,642 20,208
Property and equipment, net 1,748 2,018
Right-of-use assets 989 977
Intangible assets, net 4,739 4,892
Goodwill 431 431
Other assets 435 392
Total assets 26,984 28,918
Current liabilities:    
Accounts payable 2,125 1,847
Accrued liabilities 1,973 2,664
Deferred revenues, current 1,926 1,993
Note payable, current 1,250 1,250
Lease liabilities, current 430 363
Total current liabilities 7,704 8,117
Deferred revenues 2,016 2,169
Notes payable, net 4,352 4,832
Lease liabilities 659 723
Warrant liabilities 49 366
Other non-current liabilities 145 105
Total liabilities 14,925 16,312
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value; 10,000 shares authorized; none issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.001 par value; 141,429 shares authorized; 18,444 and 14,848 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 19 15
Additional paid-in capital 256,491 251,580
Accumulated other comprehensive income 539 156
Accumulated deficit (244,990) (239,145)
Total stockholders’ equity 12,059 12,606
Total liabilities and stockholders’ equity $ 26,984 $ 28,918