v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 3,330 $ 411
Accounts receivable 349 294
Inventories 1,618 2,737
Prepaid expenses and other current assets 1,142 641
Total current assets 6,439 4,083
Property and equipment, net 58 93
Intangible assets 92,575  
Deposit for business combination 1,000  
Other assets 553 647
Total assets 100,625 4,823
Current Liabilities:    
Accounts payable 2,779 2,320
Accrued liabilities 1,334 1,317
Total current liabilities 4,113 3,637
Convertible note payable, net, related party 9,569  
Warrant liabilities 664 5,460
Other liabilities 553 636
Total liabilities 14,899 9,733
Commitments and contingencies (Note 8)
Series B Convertible Redeemable Preferred Stock, par value $0.0001; 375,000 shares authorized; 0 and 38,335 shares issued and outstanding as of December 31, 2024 and 2023, respectively and 2023   247
Stockholders' Equity/(Deficit):    
Common stock, par value $0.0001; 300,000,000 shares authorized; 52,034,060 and 222,380 shares issued and outstanding as of December 31, 2024 and 2023, respectively 5 1
Additional paid-in capital 384,172 241,884
Accumulated deficit (298,451) (247,042)
Total stockholders' equity/(deficit) 85,726 (5,157)
Total liabilities, convertible preferred stock and stockholders' equity/(deficit) $ 100,625 $ 4,823

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