v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 5,779 $ 5
Accounts receivable, net of allowance for credit losses of $1 and $0 as of June 30, 2024 and December 31, 2023, respectively 462 0
Other receivables 526 101
Inventory 2,752 0
Note receivable available for sale, at fair value 3,462 0
Warrant asset 424 0
Prepaid expenses and other current assets 1,769 125
Total Current Assets 15,174 231
Property and equipment, net 225 12
Operating lease right-of-use asset, net 583 0
Intangible assets, net 4,838 266
Goodwill 12,330 0
Other assets 891 0
Total Assets 34,041 509
Current Liabilities    
Accrued expenses and other current liabilities 10,629 1,127
Accrued interest 686 560
Customer deposits 1,350 1,350
Warrant liability 0 497
Operating lease obligation, current 235 0
Deferred revenue 464 0
Short-term debt 2,504 6,690
Total Current Liabilities 23,042 13,259
Long Term Liabilities    
Long-term debt 65 18,546
Operating lease obligation, noncurrent 359 0
Other liabilities, noncurrent 0 333
Total Liabilities 23,466 32,138
Commitments and Contingencies (Note 23)
Stockholders’ Equity (Deficit)    
Common Stock - $0.001 par value; 500,000,000 shares authorized; 26,841,686 and 3,197,771 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively. 27 3
Additional paid-in capital 78,206 26,327
Accumulated other comprehensive loss (139) 0
Accumulated deficit (75,271) (57,959)
Total Stockholders’ Equity (Deficit) 10,575 (31,629)
Total Liabilities and Stockholders’ Equity (Deficit) 34,041 509
Related Party    
Current Liabilities    
Payable 100 540
Nonrelated Party    
Current Liabilities    
Payable 7,074 2,495
Series 4 Convertible Preferred Stock    
Stockholders’ Equity (Deficit)    
Preferred stock 0 0
Series 5 Convertible Preferred Stock    
Stockholders’ Equity (Deficit)    
Preferred stock 0 0
Series 9 Preferred Stock at Redemption Value    
Stockholders’ Equity (Deficit)    
Preferred stock $ 7,752 $ 0

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