Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 28,220 $ 46,217
Restricted cash 0 125
Accounts receivable, net of allowance for credit losses of $204 and $110 at June 30, 2024 and December 31, 2023, respectively 9,252 8,572
Prepaid expenses and other current assets 2,453 1,909
Total current assets 39,925 56,823
Property and equipment, net 3,333 3,739
Operating lease right of use asset 4,431 5,220
Restricted cash, non-current 5,207 0
Deposits and other assets 776 930
Total assets 53,672 66,712
Current liabilities:    
Accounts payable 881 721
Accrued expenses and other current liabilities 6,929 6,589
Deferred revenue 8,902 8,963
Customer deposits 851 851
Operating lease liability, current portion 1,432 1,494
Loan payable, current portion 5,000 5,000
Total current liabilities 23,995 23,618
Operating lease liability, net of current portion 3,303 4,049
Loan payable, net of current portion 15,540 15,303
Other liabilities 360 421
Total liabilities 43,198 43,391
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.0001 par value; 500,000,000 shares authorized; 49,080,486 and 48,613,714 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 5 5
Additional paid-in capital 171,480 169,197
Accumulated deficit (159,911) (144,962)
Accumulated other comprehensive loss (1,100) (919)
Total stockholders' equity 10,474 23,321
Total liabilities and stockholders' equity $ 53,672 $ 66,712