Quarterly report pursuant to Section 13 or 15(d)

ORGANIZATION AND BUSINESS (Tables)

v3.22.2.2
ORGANIZATION AND BUSINESS (Tables)
 6 Months Ended
Jun. 30, 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 six months ended June 30, 2022 and 2021 (in thousands):
June 30,
2022		 June 30,
2021
Cash and cash equivalents $ 1,114  $ 2,460 
Restricted cash —  501 
Total cash, cash equivalents and restricted cash shown in the statements of cash flows $ 1,114  $ 2,961 
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 six months ended June 30, 2022 and 2021 (in thousands):
June 30,
2022		 June 30,
2021
Cash and cash equivalents $ 1,114  $ 2,460 
Restricted cash —  501 
Total cash, cash equivalents and restricted cash shown in the statements of cash flows $ 1,114  $ 2,961 
Revenue Product Sales by Channel The following presents product sales by retail (B2B) and e-commerce (B2C) channels for the three and six months ended June 30, 2022 and 2021:
Three months ended June 30, 2022 Three months ended June 30, 2021
Amount % of product sales, net Amount % of product sales, net
(in thousands)
(in thousands)
Retail sales (B2B) $ 2,292  55.4  % $ 3,235  63.1  %
E-Commerce sales (B2C) 1,846  44.6  % 1,893  36.9  %
Product sales, net $ 4,138  100.0  % $ 5,128  100.0  %
Six months ended June 30, 2022 Six months ended June 30, 2021
Amount % of product sales, net Amount % of product sales, net
(in thousands)
(in thousands)
Retail sales (B2B) $ 4,851  56.5  % $ 6,210  62.3  %
E-Commerce sales (B2C) 3,734  43.5  % 3,762  37.7  %
Product sales, net $ 8,585  100.0  % $ 9,972  100.0  %