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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 7,153 $ 16,704
Accounts receivable 1,048 1,233
Prepaid expenses 617 370
Other current assets 19 0
Total current assets 8,837 18,307
Property and Equipment:    
Equipment 2,502 1,453
Furniture and fixtures 43 43
Leasehold improvements 67 67
Property, plant and equipment, gross 2,612 1,563
Accumulated depreciation and amortization (1,417) (1,097)
Property and equipment, net 1,195 466
Finance leases, right-of-use assets, net 1,696 20
Operating leases, right-of-use assets, net 882 1,010
Other assets 167 79
Total non-current assets 3,940 1,575
TOTAL ASSETS 12,777 19,882
Current Liabilities:    
Accounts payable, trade 747 408
Accrued expenses 957 628
Finance lease liabilities, current portion 582 21
Operating lease liabilities, current portion 860 487
PPP loan payable, current portion 0 421
Deferred revenue 822 177
Total current liabilities 3,968 2,142
Non-Current Liabilities:    
PPP loan payable, noncurrent portion 0 212
Finance lease liabilities, noncurrent portion 620 0
Operating lease liabilities, noncurrent portion 1,412 1,867
Total non-current liabilities 2,032 2,079
Commitments and contingencies
Stockholders’ equity:    
Common stock $0.01 par value: Authorized shares — 80,000 Issued shares — 18,803 in 2021 and 17,428 in 2020 Outstanding shares — 18,793 in 2021 and 17,418 in 2020 188 174
Common stock held in treasury, at cost – 10 shares (362) (362)
Additional paid-in capital 83,240 77,187
Accumulated deficit (76,246) (61,295)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ equity 6,777 15,661
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 12,777 $ 19,882