Annual report pursuant to Section 13 and 15(d)

Business and Summary of Significant Accounting Policies (Tables)

v3.22.4
Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Business and Summary of Significant Accounting Policies  
Schedule of net revenue

For The Year Ended December 31, 

(in thousands)

    

2022

    

2021

Components

$

2,315

$

5,504

Consumer Audio Products

 

1,050

 

1,037

Total

$

3,365

$

6,541

Schedule of Contract Balances

December 31,

December 31,

(in thousands)

    

2022

    

2021

Contract liabilities

$

44

$

Schedule of adoption of the new lease standards

Balance as of

Adjustments

Balance as of

    

December 31, 2021

    

Due to ASC 842

    

January 1, 2022

Operating lease right-of-use assets

$

$

212

$

212

Property and equipment, net

 

162

 

90

 

252

Total assets

$

19,391

$

302

$

19,693

Operating lease liabilities, current

$

$

148

$

148

Operating lease liabilities, non-current

$

$

179

$

179

Deferred rent and lease incentive

$

58

$

(58)

$

Total liabilities

$

3,014

$

269

$

3,283

Accumulated deficit

$

(212,203)

$

33

$

(212,170)

Total stockholders’ equity

$

16,377

$

33

$

16,410

Total liabilities and stockholders’ equity

$

19,391

$

302

$

19,693