Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 21,251 $ 41,255
Restricted cash 125 125
Accounts receivable, net of allowance for doubtful accounts of $102 and $64 at December 31, 2022 and 2021, respectively 6,354 7,178
Prepaid expenses and other current assets 1,820 2,203
Total current assets 29,550 50,761
Property and equipment, net 1,573 982
Operating lease right of use asset 1,567
Restricted cash, non-current 612 207
Deposits and other assets 339 120
Total assets 33,641 52,070
Current liabilities:    
Loan payable, current portion 3,750 1,500
Accounts payable 1,563 1,365
Accrued expenses and other current liabilities 5,321 4,259
Deferred revenues 7,254 6,238
Operating lease liability, current portion 872
Customer deposits 554 632
Total current liabilities 19,314 13,994
Loan payable, net of current portion 11,384 13,337
Deferred rent, net of current portion 273
Other liabilities 509 395
Operating lease liability, net of current portion 968
Total liabilities 32,175 27,999
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value; 500,000,000 shares authorized; 37,442,663 and 37,387,472 shares issued and outstanding at December 31, 2022 and 2021, respectively 4 4
Additional paid-in capital 127,693 125,479
Accumulated deficit (125,791) (101,342)
Accumulated other comprehensive loss (440) (70)
Total stockholders’ equity 1,466 24,071
Total liabilities and stockholders’ equity $ 33,641 $ 52,070