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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 3,363 $ 9,432
Accounts receivable, net of allowance for credit losses of $2 and $5, respectively 209 484
Inventories 232
Deferred financing costs 330
Prepaid expenses and other current assets 627 643
Assets held for sale 32 139
Total current assets 4,793 10,698
NONCURRENT ASSETS    
Right-of-use and financing lease assets, net 3,001 1,637
Machinery and equipment, net, and construction in progress 3,494 3,799
Intangible assets, net 56,529 56,595
Restricted cash 1,700 1,700
Other noncurrent assets 699 463
TOTAL ASSETS 70,216 74,892
CURRENT LIABILITIES    
Accounts payable 872 953
Accrued compensation 1,906 1,649
Accrued royalties 1,116 1,116
Accrued expenses and other current liabilities 985 452
Accrued severance from acquisition 2,314 2,314
Right-of-use and financing lease liabilities, current 1,283 665
Current liabilities of discontinued operations (Note 11) 45
Contingent consideration liabilities, current 614 393
Total current liabilities 9,090 7,587
NONCURRENT LIABILITIES    
Right-of-use and financing lease liabilities, noncurrent 2,708 2,204
Contingent consideration liabilities, noncurrent 48,707 39,507
TOTAL LIABILITIES 60,505 49,298
Commitments and contingencies (Note 6)
Series A Redeemable Convertible Preferred Stock, no par value; stated value $1,000 per share; 5 shares issued and outstanding at December 31, 2023; aggregate liquidation preference of $5,296 as of December 31, 2023 5,126
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value, 5,000 shares authorized; no shares issued and outstanding
Common stock, no par value, 230,000 shares authorized; 13,374 and 8,261 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 326,682 310,295
Accumulated other comprehensive income 57 49
Accumulated deficit (317,028) (289,876)
Total shareholders’ equity 9,711 20,468
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 70,216 $ 74,892