v3.25.1
BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 6,839 $ 6,234
Other receivables 402 3,879
Prepaid expenses and other current assets 200 1,233
Property, plant and equipment, held for sale 1,165 0
Total current assets 8,606 11,346
Property, plant and equipment, net 371 3,247
Restricted cash 0 750
Other assets 250 833
Operating lease right-of-use asset, net 81 1,566
Total Assets 9,308 17,742
Current Liabilities:    
Accounts payable and accrued expenses 9,486 14,017
Payables and accrued expenses - related party $ 2,667 $ 834
Other Liability, Current, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Operating lease liabilities - short-term $ 456 $ 520
Total current liabilities 12,609 15,371
Deferred income 150 270
Operating lease liabilities - long-term 422 1,978
Total Liabilities 13,181 17,619
Commitments and Contingencies (Note 8)
Stockholders' Equity    
Preferred stock ($0.0001 par value), 2,000,000 shares authorized, 250,000 shares of Class A preferred stock issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 0 0
Common stock issuable, 69,046 and 7,061 shares as of December 31, 2024 and December 31, 2023, respectively 611 591
Additional paid-in capital 392,234 380,502
Accumulated deficit (396,723) (380,971)
Total Stockholders' Equity (3,873) 123
Total Liabilities and Stockholders' Equity 9,308 17,742
Class A common shares    
Stockholders' Equity    
Common stock ($0.0001 par value), 200,000,000 shares authorized as of December 31, 2024 and December 31, 2023, respectively 0 0
Common shares    
Stockholders' Equity    
Common stock ($0.0001 par value), 200,000,000 shares authorized as of December 31, 2024 and December 31, 2023, respectively $ 5 $ 1

Source