v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 8,008 $ 4,105
Accounts receivable, net of allowance for credit losses of $30 and $18 as of March 31, 2025 and December 31, 2024, respectively 573 706
Other receivables 21 538
Inventories 2,318 2,214
Prepaid expenses and other current assets 1,607 1,018
Total Current Assets 12,527 8,581
Property and equipment, net 224 206
Operating lease right-of-use asset, net 288 340
Intangible assets, net 1,308 1,884
Goodwill 12,418 12,072
Other assets 362 1,208
Total Assets 27,127 24,291
Current Liabilities    
Accounts payable 3,866 5,487
Accrued expenses and other current liabilities 1,616 6,703
Accrued interest 342 522
Customer deposits 1,350 1,350
Warrant liability 4,442
Operating lease obligation, current 91 119
Deferred revenue 808 532
Short-term debt 2,657
Total Current Liabilities 12,515 17,421
Long Term Liabilities    
Long-term debt 65 65
Operating lease obligation, noncurrent 206 231
Total Liabilities 12,786 17,717
Commitments and Contingencies
Mezzanine Equity    
Representative and placement agent warrants, net of issuance costs of $40 412
Stockholders’ Equity    
Preferred stock value
Common Stock - $0.001 par value; 500,000,000 shares authorized; 4,787,540 and 1,685,021 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively. 5 2
Additional paid-in capital 120,513 99,425
Accumulated other comprehensive loss (155) (622)
Accumulated deficit (106,434) (93,562)
Total Stockholders’ Equity 13,929 6,574
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity 27,127 24,291
Series 4 Convertible Preferred Stock    
Stockholders’ Equity    
Preferred stock value
Series 5 Convertible Preferred Stock    
Stockholders’ Equity    
Preferred stock value
Series 9 Preferred Stock    
Stockholders’ Equity    
Preferred stock value 1,331
Related Party    
Current Liabilities    
Related party payables $ 51

Source

10-Q PDF
XBRL