v3.23.3
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 8,173 $ 7,253
Restricted cash 13 34
Accounts receivable, net of allowance of $692 and $647 at September 30, 2023 and December 31, 2022, respectively 11,066 46,565
Inventory 10,197 18,556
Prepaid expenses and other current assets 18,343 17,289
Total current assets 47,792 89,697
Property, plant and equipment, net 5,019 7,351
Goodwill 13,641
Intangible assets, net 5,302
Right-of-use assets, net 3,193 5,697
Other non-current assets 2,961 3,407
Total assets 58,965 125,095
Current liabilities:    
Accounts payable 11,081 26,173
Accrued expenses and other current liabilities 29,406 32,243
Deferred revenue 2,415 2,892
Senior term loan 41,545 40,529
Subordinated debt 11,540 11,119
Subordinated term loan – related party 44,386 41,528
Convertible debt 31,706 43,928
Current portion of long-term debt 257 259
Total current liabilities 172,336 198,671
Other long-term liabilities 4,409 7,223
Total liabilities 176,745 205,894
Stockholders’ deficit:    
Common stock, $0.0001 par value; 250,000,000 shares authorized; 74,638,893 and 74,283,026 shares issued and outstanding at both September 30, 2023 and December 31, 2022 7 7
Additional paid-in capital 778,054 770,427
Accumulated deficit (895,841) (851,233)
Total stockholders’ deficit (117,780) (80,799)
Total liabilities and stockholders’ deficit $ 58,965 $ 125,095

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