Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

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Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 4,268 $ 6,234
Other receivables 728 3,879
Prepaid expenses and other current assets 114 1,233
Property, plant and equipment, held for sale 2,209 0
Total current assets 7,319 11,346
Property, plant and equipment, net 472 3,247
Restricted cash 375 750
Other assets 250 833
Operating lease right-of-use asset, net 103 1,566
Total Assets 8,519 17,742
Current Liabilities:    
Accounts payable and accrued expenses 13,190 14,017
Payables and accrued expenses - related party $ 2,304 $ 834
Other Liability, Current, Related Party [Extensible Enumeration] Related Party [Member] Related Party [Member]
Operating lease liabilities - short-term $ 429 $ 520
Total current liabilities 15,923 15,371
Deferred income 270 270
Operating lease liabilities - long-term 656 1,978
Total Liabilities 16,849 17,619
Commitments and Contingencies (Note 12)
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 June 30, 2024 and December 31, 2023, respectively 0 0
Common stock issuable, zero and 419,089 shares as of June 30, 2024 and December 31, 2023, respectively 0 591
Additional paid-in capital 386,028 380,502
Accumulated deficit (394,361) (380,971)
Total Stockholders' Equity (8,330) 123
Total Liabilities and Stockholders' Equity 8,519 17,742
Class A common shares    
Stockholders' Equity    
Common stock ($0.0001 par value), 200,000,000 shares authorized as of June 30, 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 June 30, 2024 and December 31, 2023, respectively $ 3 $ 1