v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 1,031 $ 0 $ 1,251 $ 0
Cost of Revenues 369 0 448 0
Gross Profit 662 0 803 0
Operating Expenses        
Research and development 1,148 391 1,612 826
Sales and marketing 837 154 1,141 288
General and administrative 12,412 2,910 14,129 3,481
Merger-related transaction costs 0 579 6,490 716
Amortization of intangible assets 192 7 235 13
Total Operating Expenses 14,589 4,041 23,607 5,324
Loss from Operations (13,927) (4,041) (22,804) (5,324)
Other Income (Expense)        
Interest expense, net (70) (270) (331) (503)
Amortization of deferred loan costs 0 (22) (17) (44)
Inducement loss on debt conversions 0 0 (6,732) 0
Change in fair value of convertible notes 0 0 12,882 0
Change in fair value of JV obligation 0 (170) 0 (197)
Change in fair value of warrant liability (679) (126) (281) (126)
Other expense (22) 0 (13) 0
Total Other Income (Expense) (771) (588) 5,508 (870)
Net Loss, before tax (14,698) (4,629) (17,296) (6,194)
Income tax provision (12) 0 (16) 0
Net Loss (14,710) (4,629) (17,312) (6,194)
Preferred stock return and dividend (250) 0 (311) 0
Deemed dividend (460) 0 (460) 0
Net Loss Attributable to Common Stockholders $ (15,420) $ (4,629) $ (18,083) $ (6,194)
Net Loss Per Share        
Net Loss Per Share - Basic (in usd per share) $ (1.05) $ (1.19) $ (1.80) $ (1.61)
Net Loss Per Share - Diluted (in usd per share) $ (1.05) $ (1.19) $ (1.80) $ (1.61)
Weighted Average Shares Outstanding        
Basic (in shares) 14,714,143 3,899,102 10,068,967 3,844,905
Diluted (in shares) 14,714,143 3,899,102 10,068,967 3,844,905

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