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, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 24,551 $ 21,251
Restricted cash 125 125
Accounts receivable, net of allowance for doubtful accounts of $128 and $102 at June 30, 2023 and December 31, 2022, respectively 9,433 6,354
Prepaid expenses and other current assets 1,961 1,820
Total current assets 36,070 29,550
Property and equipment, net 2,608 1,573
Operating lease right of use asset 3,629 1,567
Restricted cash, non-current 584 612
Deposits and other assets 957 339
Total assets 43,848 33,641
Current liabilities:    
Loan payable, current portion 5,000 3,750
Accounts payable 1,604 1,563
Accrued expenses and other current liabilities 4,812 5,321
Deferred revenue 7,858 7,254
Operating lease liability, current portion 1,471 872
Customer deposits 516 554
Total current liabilities 21,261 19,314
Loan payable, net of current portion 14,932 11,384
Operating lease liability, net of current portion 2,437 968
Other liabilities 1,229 509
Total liabilities 39,859 32,175
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.0001 par value; 500,000,000 shares authorized; 40,800,078 and 37,442,663 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 4 4
Additional paid-in capital 140,819 127,693
Accumulated deficit (136,063) (125,791)
Accumulated other comprehensive loss (771) (440)
Total stockholders’ equity 3,989 1,466
Total liabilities and stockholders’ equity $ 43,848 $ 33,641