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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 3,633 $ 4,307
Accounts receivable, net 1,518 1,496
Inventory 2,779 2,470
Prepaid expenses and other current assets 200 132
Total current assets 8,130 8,405
Property and equipment, net 142 152
Lease right-of-use assets 1,680 1,807
Intangible assets, net 373 381
Goodwill 759 759
License and supply agreement, net 257 271
Other assets 75 86
TOTAL ASSETS 11,416 11,861
Current liabilities:    
Accounts payable 1,114 873
Accrued expenses 413 794
Current portion of lease liabilities 402 446
Total current liabilities 1,929 2,113
Lease liabilities, net of current portion 1,307 1,390
TOTAL LIABILITIES 3,236 3,503
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $.001 par value; 5,000,000 shares authorized at March 31, 2024 and December 31, 2023; no shares issued and outstanding at March 31, 2024 and December 31, 2023
Common stock, $.001 par value; 40,000,000 shares authorized at March 31, 2024 and December 31, 2023; 10,544,139 and 10,543,675 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 10 10
Additional paid-in capital 152,745 152,754
Accumulated deficit (144,575) (144,406)
TOTAL STOCKHOLDERS’ EQUITY 8,180 8,358
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 11,416 $ 11,861