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
Convertible Redeemable Preferred Stock Series A [Member]
Convertible Redeemable Preferred Stock Series B [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2021 $ 1,472 $ 696,563 $ (655,640) $ (27) $ 42,368
Balance, shares at Dec. 31, 2021 5,888,217        
Stock-based compensation expense 1,586 1,586
Issuance of common stock in connection with restricted share awards, net of cancellations $ (5) 5
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     (17,842)        
Net loss (26,141) (26,141)
Other comprehensive income (loss) (7) (7)
Issuance of Series A and Series B Convertible Redeemable Preferred Stock $ 17,974 $ 4,494
Issuance of Series A and Series B Convertible Redeemable Preferred Stock, net of issuance costs, shares 1,000,006 250,005          
Deemed dividends related to Series A and Series B Convertible Redeemable Preferred Stock $ 3,026 $ 756 (3,782) (3,782)
Redemption of Series A and Series B Convertible Redeemable Preferred Stock $ (21,000) $ (5,250)
Redemption of Series A and Series B Convertible Redeemable Preferred Stock, shares (1,000,006) (250,005)          
Balance at Jun. 30, 2022 $ 1,467 694,372 (681,781) (34) 14,024
Balance, shares at Jun. 30, 2022 5,870,375        
Balance at Mar. 31, 2022 $ 1,471 697,426 (677,684) (30) 21,183
Balance, shares at Mar. 31, 2022 5,883,196        
Stock-based compensation expense 724 724
Issuance of common stock in connection with restricted share awards, net of cancellations $ (4) 4
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     (12,821)        
Net loss (4,097) (4,097)
Other comprehensive income (loss) (4) (4)
Issuance of Series A and Series B Convertible Redeemable Preferred Stock $ 17,974 $ 4,494
Issuance of Series A and Series B Convertible Redeemable Preferred Stock, net of issuance costs, shares 1,000,006 250,005          
Deemed dividends related to Series A and Series B Convertible Redeemable Preferred Stock $ 3,026 $ 756 (3,782) (3,782)
Redemption of Series A and Series B Convertible Redeemable Preferred Stock $ (21,000) $ (5,250)
Redemption of Series A and Series B Convertible Redeemable Preferred Stock, shares (1,000,006) (250,005)          
Balance at Jun. 30, 2022 $ 1,467 694,372 (681,781) (34) 14,024
Balance, shares at Jun. 30, 2022 5,870,375        
Balance at Dec. 31, 2022 $ 177 722,049 (695,336) (129) 26,761
Balance, shares at Dec. 31, 2022     17,719,720        
Stock-based compensation expense     1,697 1,697
Issuance of common stock in connection with restricted share awards, net of cancellations     $ 18 (27) (9)
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     1,768,116        
Issuance of common stock, net of offering costs under open market sale agreement (ATM)     $ 20 6,603 6,623
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares     1,990,321        
Net loss (25,761) (25,761)
Other comprehensive income (loss)     34 34
Balance at Jun. 30, 2023 $ 215 730,322 (721,097) (95) 9,345
Balance, shares at Jun. 30, 2023     21,478,157        
Balance at Mar. 31, 2023 $ 179 723,069 (704,443) (65) 18,740
Balance, shares at Mar. 31, 2023     17,929,344        
Stock-based compensation expense     927 927
Issuance of common stock in connection with restricted share awards, net of cancellations     $ 17 (22) (5)
Issuance of common stock in connection with restricted share awards, net of cancellations, shares     1,657,052        
Issuance of common stock, net of offering costs under open market sale agreement (ATM)     $ 19 6,348 6,367
Issuance of common stock, net of offering costs under open market sale agreement (ATM), shares     1,891,761        
Net loss (16,654) (16,654)
Other comprehensive income (loss)     (30) (30)
Balance at Jun. 30, 2023 $ 215 $ 730,322 $ (721,097) $ (95) $ 9,345
Balance, shares at Jun. 30, 2023     21,478,157