March 31, 2025

December 31, 2024

Assets

Current assets:

Cash and cash equivalents

$

3,159

$

4,242

Accounts receivable and other receivables, net of allowance for doubtful accounts of
   $0 as of March 31, 2025 and December 31, 2024

1,615

1,175

Inventories — current

1,285

904

Note receivable — current

1,964

1,894

Prepaid expenses and other current assets

727

931

Current assets of discontinued operations — GoodWheat

96

96

Total current assets

8,846

9,242

Property and equipment, net

28

41

Right of use asset

19

137

Intangible assets, net

39

39

Note receivable — noncurrent

3,966

3,966

Other noncurrent assets

92

92

Total assets

$

12,990

$

13,517

Liabilities and stockholders’ equity

Current liabilities:

Accounts payable and accrued expenses

$

1,895

$

2,108

Amounts due to related parties

30

30

Operating lease liability — current

21

155

Other current liabilities

270

270

Total current liabilities

2,216

2,563

Common stock warrant and option liabilities

869

2,731

Other noncurrent liabilities

1,000

2,000

Total liabilities

4,085

7,294

Commitments and contingencies (Note 14)

Stockholders’ equity:

Common stock, $0.001 par value—150,000,000 shares authorized as
   of March 31, 2025 and December 31, 2024; 1,367,040 and 1,364,940 shares issued
   and outstanding as of March 31, 2025 and December 31, 2024, respectively

65

65

Additional paid-in capital

285,119

285,036

Accumulated deficit

(276,279

)

(278,878

)

Total stockholders' equity

8,905

6,223

Total liabilities and stockholders’ equity

$

12,990

$

13,517

Three Months Ended March 31,

2025

2024

Revenues:

Product

$

1,200

$

987

Total revenues

1,200

987

Operating expenses (income):

Cost of revenues

682

471

Research and development

—

6

Gain on sale of intangible assets

(750

)

—

Impairment of property and equipment

—

36

Change in fair value of contingent consideration

(1,000

)

—

Selling, general and administrative

1,738

2,062

Total operating expenses

670

2,575

Income (loss) from continuing operations

530

(1,588

)

Interest income

207

45

Other income, net

—

3

Change in fair value of common stock warrant and option liabilities

1,862

593

Net income (loss) from continuing operations

2,599

(947

)

Net loss from discontinued operations

—

(1,476

)

Net income (loss) attributable to common stockholders

$

2,599

$

(2,423

)

Net income (loss) per share attributable to common stockholders:

Basic from continuing operations

$

1.90

$

(0.70

)

Basic from discontinued operations

$

—

$

(1.08

)

Net income (loss) per basic share attributable to common stockholders

$

1.90

$

(1.78

)

Diluted from continuing operations

$

1.90

$

(0.70

)

Diluted from discontinued operations

$

—

$

(1.08

)

Net income (loss) per diluted share attributable to common stockholders

$

1.90

$

(1.78

)

Weighted-average number of shares used in per share
   calculations:

Basic

1,366,060

1,361,657

Diluted

1,366,203

1,361,657

Other comprehensive income (loss), net of tax

Unrealized gains on available-for-sale securities

$

—

$

60

Other comprehensive income

$

—

$

60

Comprehensive income (loss) attributable to common stockholders

$

2,599

$

(2,363

)

Three Months Ended March 31,

2025

2024

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income (loss)

$

2,599

$

(2,423

)

Adjustments to reconcile net income to cash used in operating activities:

Change in fair value of common stock warrant and option liabilities

(1,862

)

(593

)

Change in fair value of contingent consideration

(1,000

)

—

Depreciation

13

51

Lease amortization

104

177

Amortization of note receivable

(69

)

—

Loss on sale of property and equipment

—

2

Gain on sale of intangible assets

(750

)

—

Stock-based compensation

78

138

Impairment of property and equipment

—

36

Changes in operating assets and liabilities:

—

—

Accounts receivable and other receivables

(193

)

(246

)

Inventories

(381

)

303

Prepaid expenses and other current assets

205

275

Accounts payable and accrued expenses

(213

)

(678

)

Amounts due to related parties

—

17

Operating lease liabilities

(119

)

(269

)

Net cash used in operating activities

(1,588

)

(3,210

)

CASH FLOWS FROM INVESTING ACTIVITIES:

Proceeds from sale of intangible assets

500

—

Proceeds from sale of property and equipment

—

17

Purchases of property and equipment

—

(13

)

Net cash provided by investing activities

500

4

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from ESPP purchases

5

5

Net cash provided by financing activities

5

5

Net decrease in cash and cash equivalents

(1,083

)

(3,201

)

Cash and cash equivalents — beginning of period

4,242

6,518

Cash and cash equivalents — end of period

$

3,159

$

3,317

NONCASH INVESTING AND FINANCING ACTIVITIES:

Proceeds from sale of property and equipment in accounts receivable and other receivables

$

—

$

12

Purchases of property and equipment in accounts payable and accrued expenses

$

—

$

13

Right of use assets obtained in exchange for new operating lease liabilities

$

—

$

86

Proceeds from sale of intangible assets in accounts receivable and other receivables

$

250

$

—