In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
ASSETS | | | | | | | | |
CURRENT ASSETS | | | | | | | | |
Cash and cash equivalents | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 |
Accounts receivable | 0.5 | 0.7 | 1.0 | 1.1 | | | 0.6 | |
Inventories | 2.2 | 2.5 | 2.6 | 2.8 | | | 1.2 | 0.0 |
Prepaid expenses | 0.6 | 0.7 | 0.7 | | | | 1.8 | |
TOTAL CURRENT ASSETS | 3.4 | 3.9 | 4.4 | 4.7 | 0.0 | 0.0 | 3.8 | 0.0 |
Property and equipment, net | 0.4 | 0.4 | 0.3 | 0.2 | | | 0.1 | 0.0 |
Right-of-use assets | 1.4 | 1.5 | 1.7 | 1.8 | | | 0.2 | |
Other noncurrent assets | 0.3 | 0.3 | 0.3 | 0.3 | | | 0.3 | 0.0 |
TOTAL ASSETS | 5.4 | 6.1 | 6.7 | 7.0 | 0.0 | 0.0 | 4.4 | 0.0 |
|
LIABILITIES AND SHAREHOLDERS’ DEFICIT | | | | | | | | |
CURRENT LIABILITIES | | | | | | | | |
Accounts payable | 0.8 | 1.1 | 1.1 | 0.9 | | 0.0 | 0.7 | 0.0 |
Dividends payable | 1.6 | | | | | | | |
Accrued expenses and other current liabilities | 0.6 | 2.4 | 2.0 | | | | 0.5 | |
Accrued legal contingencies | 1.1 | | | | | | | |
Operating lease liability, current | 0.6 | 0.6 | 0.6 | 0.5 | | | 0.1 | |
Notes payable and convertible notes | 0.4 | | | | | | | |
Related party notes and advances payable | 0.8 | | | | | | | |
TOTAL CURRENT LIABILITIES | 5.9 | 4.1 | 3.7 | 2.1 | 0.1 | 0.1 | 1.2 | 0.1 |
|
LONG TERM LIABILITIES | | | | | | | | |
Operating lease liability, non-current | 0.9 | 1.1 | 1.3 | 1.4 | | | 0.2 | |
Other long term liabilities | 0.1 | 0.1 | | | | | | |
TOTAL LIABILITIES | 6.9 | 5.3 | 5.0 | 3.6 | 0.2 | 0.2 | 1.4 | 0.1 |
|
COMMITMENTS AND CONTINGENCIES | | | | | | | | |
REDEEMABLE CONVERTIBLE PREFERRED STOCK | | | | | | | | |
Preferred stock series A subject to possible redemption, 50,000,000 shares authorized: 25,000 issued and outstanding at stated redemption value of $1,000 per share as of June 30, 2023 and December 31, 2022 | 25.0 | 25.0 | 25.0 | | | | 25.0 | |
|
SHAREHOLDERS’ DEFICIT: | | | | | | | | |
Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | | 0.1 |
Additional paid-in capital | 13.5 | 13.4 | 12.7 | 12.1 | 6.0 | 6.0 | 9.4 | 6.0 |
Accumulated deficit | -40.1 | -37.8 | -36.3 | -33.8 | -6.4 | -6.3 | -31.4 | -6.2 |
TOTAL SHAREHOLDERS’ DEFICIT | -26.5 | -24.2 | -23.4 | -21.6 | -0.2 | -0.1 | -22.0 | -0.1 |
TOTAL LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND SHAREHOLDERS’ DEFICIT | 5.4 | 6.1 | 6.7 | 7.0 | 0.0 | 0.0 | 4.4 | 0.0 |