Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders??? Equity (Unaudited)

v3.23.2
Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Series A
Preferred Stock
Series B
Preferred Stock
Series C
Preferred Stock
Series D
Preferred Stock
Series E
Preferred Stock
Series F
Preferred Stock
Common Stock
Common Stock
Series F-1 Preferred Stock
Preferred Stock
Series F-2 Preferred Stock
Preferred Stock
Series F-1 Preferred Stock
Series F-2 Preferred Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2021       $ 1         $ 82,677 $ (73,690) $ 8,988
Balance (in Shares) at Dec. 31, 2021 251 1,443 500,756       242,808              
Balance at Jun. 30, 2022       $ 1         85,489 (82,737) 2,753
Balance (in Shares) at Jun. 30, 2022 251 1,443 500,756       244,217              
Exercise of common stock warrants               223 223
Issuance of common stock/At-the-market offering, net of offering costs               58 58
Issuance of common stock/At-the-market offering, net of offering costs (in Shares)       853              
Delivery of restricted common stock (in Shares)             556              
Stock-based compensation               2,531 2,531
Net loss               (9,047) (9,047)
Balance at Mar. 31, 2022       $ 1         83,983 (78,260) 5,724
Balance (in Shares) at Mar. 31, 2022 251 1,443 500,756       243,364              
Balance at Jun. 30, 2022       $ 1         85,489 (82,737) 2,753
Balance (in Shares) at Jun. 30, 2022 251 1,443 500,756       244,217              
Issuance of common stock/At-the-market offering, net of offering costs               58 58
Issuance of common stock/At-the-market offering, net of offering costs (in Shares)       853              
Issuance of Series D preferred stock and warrants, net of fees       464 464
Issuance of Series D preferred stock and warrants, net of fees (in Shares) 1,153          
Stock-based compensation               1,448 1,448
Net loss               (4,477) (4,477)
Balance at Dec. 31, 2022 $ 2     88,533 (88,005) 530
Balance (in Shares) at Dec. 31, 2022 251 1,443 500,756 1,058 338,033          
Balance at Jun. 30, 2023 $ 6 109,381 (104,830) 4,557
Balance (in Shares) at Jun. 30, 2023 251 1,443 500,756   5,251 1,067,997 3,583 1,153 3,583 1,153      
Exercise of common stock warrants $ 1     2,061 2,062
Exercise of common stock warrants (in Shares) 109,257          
Issuance of common stock in connection with conversion of notes       516 516
Issuance of common stock in connection with conversion of notes (in Shares) 31,466          
Issuance of common stock/At-the-market offering, net of offering costs $ 1     2,106 2,107
Issuance of common stock/At-the-market offering, net of offering costs (in Shares) 211,667          
Issuance of Series E preferred stock in connection with LOC     4,350 4,350
Issuance of Series E preferred stock in connection with LOC (in Shares) 5,000          
Deemed dividend for repricing of Series D preferred stock     6 (6)
Commitment to issue shares of common stock in connection with March waiver agreement     298 298
Issuance of common stock in connection with Series A and Series B Dividends        
Issuance of common stock in connection with Series A and Series B Dividends (in Shares) 6,921          
Issuance of common stock upon the conversion of Series E preferred stock $ 1     1
Issuance of common stock upon the conversion of Series E preferred stock (in Shares) (5,000) 83,334          
Issuance of common stock in connection with conversion of October Notes $ 1     2,165 2,166
Issuance of common stock in connection with conversion of October Notes (in Shares) 248,984          
Dividends paid in shares of Series D preferred stock      
Dividends paid in shares of Series D preferred stock (in Shares)       139                    
Series D preferred stock exchanged for Series F preferred stock in connection with Exchange Agreements       (450) (450)
Series D preferred stock exchanged for Series F preferred stock in connection with Exchange Agreements (in Shares) (1,197) 1,847          
Conversion of Demand Notes and October Notes into Series F preferred stock in connection with Exchange Agreements       1,276 1,276
Conversion of Demand Notes and October Notes into Series F preferred stock in connection with Exchange Agreements (in Shares) 3,198          
Conversion of January Notes into Series F preferred stock in connection with Exchange Agreements       82 82
Conversion of January Notes into Series F preferred stock in connection with Exchange Agreements (in Shares) 206          
Issuance of Series F-1 preferred stock       1,372 1,372
Issuance of Series F-1 preferred stock (in Shares)     3,583      
Issuance of Series F-2 preferred stock     464 464
Issuance of Series F-2 preferred stock (in Shares)     1,153      
Commitment to issue shares of common stock in connection with January Notes     2,410 2,410
Commitment to issue shares of common stock in connection with LOC Notes     230 230
Commitment to issue shares of Series E preferred stock in connection with LOC Notes     3,363 3,363
Commitment to issue shares of common stock in connection with Demand Notes     286 286
Stock-based compensation       313 313
Stock-based compensation (in Shares) 38,335          
Net loss     (16,819) (16,819)
Balance at Mar. 31, 2023 $ 4     98,051 (90,311) 7,744
Balance (in Shares) at Mar. 31, 2023 251 1,443 500,756 1,058 5,000 728,758          
Balance at Jun. 30, 2023 $ 6 109,381 (104,830) 4,557
Balance (in Shares) at Jun. 30, 2023 251 1,443 500,756   5,251 1,067,997 3,583 1,153 3,583 1,153      
Issuance of common stock in connection with Series A and Series B Dividends        
Issuance of common stock in connection with Series A and Series B Dividends (in Shares) 6,921          
Issuance of common stock upon the conversion of Series E preferred stock $ 1     1
Issuance of common stock upon the conversion of Series E preferred stock (in Shares) (5,000) 83,334          
Issuance of common stock in connection with conversion of October Notes $ 1     2,165 2,166
Issuance of common stock in connection with conversion of October Notes (in Shares) 248,984          
Dividends paid in shares of Series D preferred stock      
Dividends paid in shares of Series D preferred stock (in Shares) 139          
Series D preferred stock exchanged for Series F preferred stock in connection with Exchange Agreements       (450) (450)
Series D preferred stock exchanged for Series F preferred stock in connection with Exchange Agreements (in Shares) (1,197) 1,847          
Conversion of Demand Notes and October Notes into Series F preferred stock in connection with Exchange Agreements       1,276 1,276
Conversion of Demand Notes and October Notes into Series F preferred stock in connection with Exchange Agreements (in Shares) 3,198          
Conversion of January Notes into Series F preferred stock in connection with Exchange Agreements       82 82
Conversion of January Notes into Series F preferred stock in connection with Exchange Agreements (in Shares) 206          
Issuance of Series F-1 preferred stock       1,372 1,372
Issuance of Series F-1 preferred stock (in Shares) 3,583          
Commitment to issue shares of common stock in connection with January Notes     2,410 2,410
Commitment to issue shares of common stock in connection with LOC Notes     230 230
Commitment to issue shares of Series E preferred stock in connection with LOC Notes     3,363 3,363
Commitment to issue shares of common stock in connection with Demand Notes     286 286
Stock-based compensation     132 132
Net loss     $ (14,519) $ (14,519)