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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 13,958 $ 20,621
Short-term investments 3,952 3,443
Accounts receivable, net of allowance of $44 and $62, respectively 4,023 4,001
Notes receivable, net of allowance of $7 and $7, respectively 329 323
Inventories 17,816 15,689
Prepaid and other current assets 2,357 2,367
Total current assets 42,435 46,444
Property and equipment, net 747 679
Equipment under lease, net 7,727 7,459
Long-term investments 1,236 492
Notes and other receivables, long-term, net of allowance of $24 and $26, respectively 1,174 1,279
Intangible assets, net 10,751 11,025
Other assets 2,064 2,207
Total assets 66,134 69,585
Current liabilities:    
Accounts payable 4,120 4,007
Accrued liabilities 4,180 5,717
Deferred revenue 1,582 1,349
Operating lease liabilities 564 559
Total current liabilities 10,446 11,632
Long-term operating lease liabilities 1,607 1,750
Warrant liabilities 7,962 8,457
Other long-term liabilities 537 570
Total liabilities 20,552 22,409
Commitments and contingencies (Note 10)
Series A Redeemable Convertible Preferred Stock, par value $0.01 per share, 20 shares authorized at March 31, 2024 and December 31, 2023; 20 shares issued and outstanding at March 31, 2024 and December 31, 2023; aggregate liquidation preference of $20,000 at March 31, 2024 and December 31, 2023 13,747 13,747
Stockholders’ equity:    
Preferred stock, par value $0.01 per share, 9,980 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, par value $0.01 per share, 150,000 shares authorized at March 31, 2024 and December 31, 2023; 11,395 and 11,327 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 114 113
Additional paid-in capital 145,770 145,203
Accumulated other comprehensive income (1) 4
Accumulated deficit (114,048) (111,891)
Total stockholders’ equity 31,835 33,429
Total liabilities, redeemable convertible preferred stock, and stockholders' equity $ 66,134 $ 69,585