Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (UNAUDITED)

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CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 979 $ 1,317
Accounts receivable, net 422 431
Inventory 5,020 5,655
Prepaid expenses and other 327 535
Total current assets 6,748 7,938
Property and equipment, net 490 379
Right of use assets 81 167
Intangibles, net 103 78
Goodwill 815 342
Other assets 154 296
Total assets 8,391 9,200
Current liabilities:    
Accounts payable 1,886 2,309
Accrued expenses 3,422 3,422
Operating lease liability - current 92 130
Debt 743 254
Total current liabilities 6,143 6,115
Operating lease liability - net of current portion 0 58
Deferred tax liability 19 19
Other liabilities 38 105
Total liabilities 6,200 6,297
Commitments and contingencies (Note 10)
Stockholders' equity    
Preferred stock, par value $0.0001; 10,000 shares authorized; 1 share issued as of September 30, 2024 and December 31, 2023; and no shares outstanding as of September 30, 2024 and December 31, 2023
Common stock, par value $0.0001; 790,000 shares authorized as of September 30, 2024 and December 31, 2023; 184,264 and 161,678 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 18 16
Additional paid-in capital 88,409 87,464
Accumulated deficit (86,255) (84,587)
Accumulated other comprehensive income 19 10
Total stockholders' equity 2,191 2,903
Total liabilities and stockholders' equity $ 8,391 $ 9,200