Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,930 $ 4,181
Accounts receivable, less allowance of $2,183 and $2,164 as of June 30, 2023 and December 31, 2022, respectively 5,717 5,841
Inventory 13,330 15,884
Prepaid expenses and other current assets 2,170 3,053
Total current assets 28,147 28,959
Property, plant, and equipment, net 6,371 4,278
Goodwill 2,926 2,926
Right-of-use assets, leases 1,910 1,768
Other assets 279 255
Total assets 39,633 38,186
Current liabilities:    
Accounts payable 6,314 5,786
Accrued liabilities 7,734 9,210
Deferred revenue, current portion 2,236 2,111
Current portion of term loans, net of discount 2,100 700
Total current liabilities 18,384 17,807
Deferred revenue 311 418
Warranty accrual 397 360
Non current term loans, net of discount 11,902 13,091
Non current operating lease liability 1,219 1,259
Other liabilities 79 362
Total liabilities 32,292 33,297
Mezzanine Equity    
Total mezzanine equity 720 0
Stockholders' equity:    
Common stock, par value $0.001 per share; 180,000 shares authorized, 1,019 and 77 shares issued and 1,019 and 77 shares outstanding as of June 30, 2023 and December 31, 2022, respectively 1 0
Additional paid-in-capital 314,119 301,790
Accumulated other comprehensive loss (614) (733)
Accumulated deficit (306,885) (296,168)
Total stockholders' equity 6,621 4,889
Total liabilities, redeemable preferred stock and stockholders' equity 39,633 38,186
Series H Convertible Preferred Stock    
Mezzanine Equity    
Preferred stock Value 720 0
Series I Preferred Stock    
Mezzanine Equity    
Preferred stock Value $ 0 $ 0