Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 1,317 $ 611
Accounts receivable, net 431 766
Inventory 5,655 6,563
Prepaid expenses and other 535 3,190
Total current assets 7,938 11,130
Property and equipment, net 379 575
Right of use assets 167 275
Intangibles, net 78 251
Goodwill 342 0
Other assets 296 505
Total assets 9,200 12,736
Current liabilities:    
Accounts payable 2,309 2,284
Accrued expenses 3,422 9,690
Operating lease liability - current 130 117
Debt, net of debt discounts 254 1,223
Total current liabilities 6,115 13,314
Operating lease liability - net of current portion 58 188
Deferred tax liability 19 11
Other liabilities 105 0
Total liabilities 6,297 13,513
Commitments and contingencies (Note 14)
Stockholders' equity (deficit)    
Preferred stock, par value $0.0001; 10,000 shares authorized; 1 shares issued as of December 31, 2023 and 2022; no shares outstanding as of December 31, 2023 and 2022
Common stock, par value $0.0001; 790,000 shares authorized; 161,678 and 152,104 shares issued and outstanding as of December 31, 2023 and 2022, respectively 16 15
Additional paid-in capital 87,464 86,897
Accumulated deficit (84,587) (87,689)
Accumulated other comprehensive income 10 0
Total stockholders' equity (deficit) 2,903 (777)
Total liabilities and stockholders' equity (deficit) $ 9,200 $ 12,736