v3.24.1.1.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 1,801 $ 5
Accounts receivable, net of allowance for credit losses of $27 and $0, respectively 797 0
Other receivables 642 101
Inventory 2,875 0
Notes receivable 3,264 0
Warrant asset 448 0
Prepaid expenses and other current assets 1,722 125
Total Current Assets 11,549 231
Property and equipment, net 250 12
Operating lease right-of-use asset, net 653 0
Intangible assets, net 5,018 266
Goodwill 12,398 0
Other assets 914 0
Total Assets 30,782 509
Current Liabilities    
Accrued expenses and other current liabilities 4,905 1,127
Accrued interest 422 560
Customer deposits 1,350 1,350
Warrant liability 1,019 497
Operating lease obligation, current 259 0
Deferred revenue 807 0
Short-term debt 838 6,690
Total Current Liabilities 16,648 13,259
Long Term Liabilities    
Long-term debt 65 18,546
Operating lease obligation, noncurrent 404 0
Other liabilities, noncurrent 0 333
Total Liabilities 17,117 32,138
Commitments and Contingencies (Note 23)
Stockholders’ Equity (Deficit)    
Common Stock - $0.001 par value; 500,000,000 shares authorized; 9,919,411 and 3,197,771 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively. 10 3
Additional paid-in capital 63,080 26,327
Accumulated other comprehensive loss (166) 0
Accumulated deficit (60,561) (57,959)
Total Stockholders’ Equity (Deficit) 13,665 (31,629)
Total Liabilities and Stockholders’ Equity (Deficit) 30,782 509
Related Party    
Current Liabilities    
Payable 100 540
Nonrelated Party    
Current Liabilities    
Payable 6,948 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 at redemption $ 11,302 $ 0

Source

10-Q PDF
XBRL