Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION AND BUSINESS (Tables)

v3.22.1
ORGANIZATION AND BUSINESS (Tables)
 3 Months Ended
Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Cash, Cash Equivalents The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets to the total of the same amounts shown in the statement of cash flows for the three months ended March 31, 2022 and 2021 (in thousands):
March 31,
2022		 March 31,
2021
Cash and cash equivalents $ 2,439  $ 5,165 
Restricted cash —  501 
Total cash and restricted cash shown in the statements of cash flows $ 2,439  $ 5,666 
Schedule of Restricted Cash The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the balance sheets to the total of the same amounts shown in the statement of cash flows for the three months ended March 31, 2022 and 2021 (in thousands):
March 31,
2022		 March 31,
2021
Cash and cash equivalents $ 2,439  $ 5,165 
Restricted cash —  501 
Total cash and restricted cash shown in the statements of cash flows $ 2,439  $ 5,666 
Revenue Product Sales by Channel The following presents revenue product sales by retail (B2B) and e-commerce (B2C) channels for the three months ended March 31, 2022 and 2021:
Three months ended March 31, 2022 Three months ended March 31, 2021
Amount % of product sales, net Amount % of product sales, net
(in thousands)
(in thousands)
Retail sales (B2B) $ 2,559  57.5  % $ 2,975  61.4  %
E-Commerce sales (B2C) 1,888  42.5  % 1,869  38.6  %
Product sales, net $ 4,447  100.0  % $ 4,844  100.0  %