Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 5,272 $ 6,566
Accounts receivable, less allowance of $329 and $244 as of June 30, 2024 and December 31, 2023 respectively 4,842 5,483
Inventory 10,904 11,433
Prepaid expenses and other current assets 1,076 1,381
Total current assets 22,094 24,863
Property, plant, and equipment, net 4,263 5,525
Goodwill 2,926 2,926
Right-of-use assets, leases 1,101 1,519
Other assets 257 268
Total assets 30,641 35,101
Current liabilities:    
Accounts payable 5,491 6,065
Accrued liabilities 7,662 7,518
Stock warrant liability 2,616 1,363
Deferred revenue, current portion 2,132 2,452
Current portion of term loans, net of discount 13,275 2,265
Total current liabilities 31,176 19,663
Deferred revenue 186 256
Warranty accrual 843 593
Non current term loans 150 11,782
Non current operating lease liability 315 772
Other liabilities 97 79
Total liabilities 32,767 33,145
Mezzanine Equity:    
Total mezzanine equity 2,203 2,203
Stockholders' equity:    
Common stock, par value $0.001 per share; 180,000 shares authorized, 33,406 and 3,416 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 33 3
Additional paid-in-capital 322,380 317,103
Accumulated other comprehensive loss (659) (553)
Accumulated deficit (326,083) (316,800)
Total stockholders' equity (deficit) (4,329) (247)
Total liabilities, convertible redeemable preferred stock and stockholders' equity (deficit) 30,641 35,101
Series H Preferred Stock [Member]    
Mezzanine Equity:    
Preferred stock Value 346 346
Series J Convertible Preferred Stock [Member]    
Mezzanine Equity:    
Preferred stock Value $ 1,857 $ 1,857