Balance Sheet

v3.21.2
Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 20,220 $ 23,906
Accounts receivable, net 228 238
Inventories 2,323 2,218
Prepaid expenses and other current assets 1,306 1,258
Total current assets 24,077 27,620
Property and equipment, net 2,661 3,211
Operating lease right-of-use-assets 2,300 2,484
Other non-current assets 121 123
TOTAL ASSETS 29,159 33,438
Current Liabilities    
Accounts payable 1,077 571
Accrued expenses 2,021 4,348
Current portion of deferred revenue 1,787 1,801
Current portion of equipment financing   265
Current portion of promissory note   421
Current portion of operating lease liabilities 320 356
Total current liabilities 5,205 7,762
Deferred revenue 566 686
Promissory note   1,579
Operating lease liabilities 2,125 2,264
Total liabilities 7,896 12,291
Commitments and contingencies (Note 13)
Stockholders’ Equity    
Preferred stock, $0.0001 par value, 10,000,000 authorized; none issued
Common stock, $0.0001 par value, 300,000,000 shares authorized; 5,902,612 and 3,188,679 issued and outstanding at June 30, 2021 and December 31, 2020, respectively 7 7
Additional paid-in capital 186,943 174,342
Accumulated deficit (165,687) (153,202)
Total stockholders’ equity 21,263 21,147
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 29,159 $ 33,438

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