Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 37,301 $ 46,217
Restricted cash 125 125
Accounts receivable, net of allowance for credit losses of $174 and $110 at March 31, 2024 and December 31, 2023, respectively 9,979 8,572
Prepaid expenses and other current assets 2,568 1,909
Total current assets 49,973 56,823
Property and equipment, net 3,597 3,739
Operating lease right of use asset 4,918 5,220
Restricted cash, non-current 209 0
Deposits and other assets 859 930
Total assets 59,556 66,712
Current liabilities:    
Accounts payable 1,245 721
Accrued expenses and other current liabilities 4,429 6,589
Deferred revenue 9,014 8,963
Customer deposits 851 851
Operating lease liability, current portion 1,487 1,494
Loan payable, current portion 7,500 5,000
Total current liabilities 24,526 23,618
Operating lease liability, net of current portion 3,751 4,049
Loan payable, net of current portion 12,952 15,303
Other liabilities 548 421
Total liabilities 41,777 43,391
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Common stock, $0.0001 par value; 500,000,000 shares authorized; 48,771,053 and 37,442,663 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 5 5
Additional paid-in capital 170,141 169,197
Accumulated deficit (151,461) (144,962)
Accumulated other comprehensive loss (906) (919)
Total stockholders' equity 17,779 23,321
Total liabilities and stockholders' equity $ 59,556 $ 66,712