Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 16,353 $ 20,762
Restricted cash 125 2,211
Accounts receivable, net of allowance for doubtful accounts of $10 at June 30, 2021 and December 31, 2020 3,775 2,693
Prepaid expenses and other current assets 1,457 1,104
Total current assets 21,710 26,770
Property and equipment, net 964 992
Restricted cash, non-current 207
Deposits 69 173
Total assets 22,950 27,935
Current liabilities:    
Note payable, current portion 2,894
Subordinated note payable, current portion 3,719
Accounts payable 1,221 259
Accrued expenses and other current liabilities 2,826 3,109
Deferred revenue 5,885 5,439
Customer deposits 747 1,053
Total current liabilities 10,679 16,473
Note payable, net of current portion 2,180 2,180
Subordinated note payable, net of current portion 6,158
Loan payable 14,529
Deferred rent, net of current portion 254
Total liabilities 27,642 24,811
Commitments and contingencies (Note 10)
Stockholders’ (deficit) equity:    
Preferred stock, $0.0001 par value; 10,000,000 authorized, no shares issued and outstanding
Common stock, $0.0001 par value; 500,000,000 shares authorized; 27,110,934 and 26,859,850 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 3 3
Additional paid-in capital 88,773 87,051
Accumulated deficit (93,419) (83,878)
Accumulated other comprehensive loss (49) (52)
Total stockholders’ (deficit) equity (4,692) 3,124
Total liabilities and stockholders’ (deficit) equity $ 22,950 $ 27,935