Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 2,007,000 $ 2,897,000 [1]
Accounts receivable 101,000 273,000 [1]
Inventories 5,475,000 7,070,000 [1]
Prepaid expenses and other current assets 568,000 890,000 [1]
Total current assets 8,151,000 11,130,000 [1]
Property and equipment, net 92,000 174,000 [1]
Other assets 688,000 148,000 [1]
Total assets 8,931,000 11,452,000 [1]
Current Liabilities:    
Accounts payable 937,000 2,042,000 [1]
Accrued liabilities 972,000 1,632,000 [1]
Total current liabilities 1,909,000 3,674,000 [1]
Convertible note payable [1]   457,000
Warrant liabilities 504,000 8,945,000 [1]
Derivative liability [1]   333,000
Other liabilities 657,000 39,000 [1]
Total liabilities 3,070,000 13,448,000 [1]
Commitments and contingencies [1]
Stockholders' Equity/(Deficit):    
Common stock, par value $0.0001; 200,000,000 shares authorized; 5,300,916 and 712,564 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 7,000 7,000 [1]
Additional paid-in capital 240,422,000 226,318,000 [1]
Accumulated deficit (234,568,000) (228,321,000) [1]
Total stockholders' equity/(deficit) 5,861,000 (1,996,000) [1]
Total liabilities and stockholders' equity (deficit) $ 8,931,000 $ 11,452,000 [1]
[1] The condensed consolidated balance sheet as of December 31, 2022 was derived from the audited consolidated balance sheet as of that date.