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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 25,499 $ 19,639
Accounts receivable 219 61
Inventory 687 278
Prepaid expenses, deposits, and other current assets 3,802 4,520
Total current assets 30,207 24,498
Fixed assets, net 1,331 1,783
Operating lease right-of-use assets 5,771 4,267
Intangible assets, net 947 1,424
Other assets 1,157 1,147
Total assets 39,413 33,119
Current liabilities:    
Accounts payable 1,232 1,786
Accrued expenses and other current liabilities 6,789 6,626
Operating lease liabilities, current portion 1,369 1,565
Senior Secured Convertible Notes - at fair value 44,000 44,200
Total current liabilities 53,390 54,177
Operating lease liabilities, less current portion 4,665 2,960
Total liabilities 58,055 57,137
Commitments and contingencies (Note 8)
Stockholders’ Equity:    
Preferred stock, $0.001 par value. Authorized, 20,000,000 shares; Series B Convertible Preferred Stock, par value $0.001, issued and outstanding 1,357,976 at June 30, 2024 and 1,305,213 shares at December 31, 2023 3,151 2,993
Common stock, $0.001 par value. Authorized, 50,000,000 shares; 9,554,381 and 8,578,505 shares outstanding as of June 30, 2024 and December 31, 2023, respectively 10 9
Additional paid-in capital 243,524 237,600
Accumulated deficit (320,630) (294,433)
Total PAVmed Inc. Stockholders’ Equity (Deficit) (73,945) (53,831)
Noncontrolling interests 55,303 29,813
Total Stockholders’ Equity (Deficit) (18,642) (24,018)
Total Liabilities and Stockholders’ Equity (Deficit) $ 39,413 $ 33,119