Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash $ 10,515 $ 4,353
Short-term investments 5,077
Prepaid expenses and other current assets 233 331
Total current assets 15,825 4,684
Capitalized software development costs, net 3,242 3,990
ERC receivable 2,263 1,528
Property and equipment, net 192 43
Operating lease right-of-use assets 172 218
Intangible assets, net 184 117
Other assets 259 259
Total assets 22,137 10,839
Current liabilities    
Accounts payable 956 1,408
Accrued expenses 2,252 2,324
Accrued payroll 360 420
Accrued officers’ compensation 648
Notes payable, current 20 1,787
Accrued interest 533
Operating lease liabilities, current 75 67
Preferred dividend payable 240
Derivative liability 1
Total current liabilities 3,903 7,188
Long-term liabilities    
Notes payable, non-current 103 362
Operating lease liabilities, non-current 102 164
Total liabilities 4,108 7,714
Commitments and contingencies (Note 13)
Stockholders’ equity    
Common stock, $0.0001 par value, 400,000,000 shares authorized, 763,230 and 106,157 shares issued and outstanding as of September 30, 2024 and December 31, 2023 1 1
Additional paid-in capital 200,788 175,766
Accumulated deficit (183,655) (175,622)
Total stockholders’ equity 18,029 3,125
Total liabilities and stockholders’ equity 22,137 10,839
Series C Preferred Stock [Member]    
Stockholders’ equity    
Series C Preferred Stock, $0.0001 par value, 5,000 shares authorized, 895 and 3,000 shares issued and outstanding as of September 30, 2024 and December 31, 2023 $ 895 $ 2,980