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Note 2 - Supplemental Balance-sheet Information

12 Months Ended

Dec. 31, 2022

Supplemental Balance Sheet Disclosures [Text Block]

Note 2 - Supplemental Balance-sheet Information

Receivables

Contract and other receivables consisted of the following (in ‘000’s):

	December 31, 2022			December 31, 2021
Contract and other receivables	$	2,752		$	1,853
Allowance for doubtful accounts		(7	)		(7	)
	$	2,745		$	1,846

Contract assets, consisting of accounts receivable, were $ 915,000 at December 31, 2020.

Inventories

We state inventories at the lower of cost or net realizable value, using the first-in-first-out-method (in ‘000’s) as follows:

	December 31, 2022			December 31, 2021
Materials and component parts	$	406		$	150
Reseller inventories		460			701
Reserve		(4	)		(4	)
Inventories, net	$	862		$	847

Goodwill and Intangible Assets

Goodwill and Intangible Assets consisted of the following (in ‘000’s):

	December 31, 2022					December 31, 2021
	Gross					Gross
	Carrying		Accumulated			Carrying		Accumulated
	Amount		Amortization			Amount		Amortization
Intangible assets not subject to amortization:
Goodwill	$	780		-		$	780		-
Intangible assets subject to amortization:
Customer relationships	$	906	$	(870	)	$	906	$	(780	)
Acquired software	$	234	$	(234	)	$	234	$	(234	)

Goodwill attributable to reporting units (in ‘000’s):

	December 31, 2022		December 31, 2021
Facilities unit	$	643	$	643
Systems Integration unit		137		137
Total	$	780	$	780

At December 31, 2022, the date of our last annual test, both the facilities unit and the systems integration unit had negative carrying amounts on our records.

We recognized amortization expense related to intangibles of approximately $91,000 for the years ended December 31, 2022 and 2021. Annual amortization expense for the customer relationships is expected to be approximately $36,000 in 2023.

Property and equipment

Property and equipment consisted of the following (in ’000’s):

	Estimated
	Useful			December 31,
	Lives			2022			2021
	(years)

Trade equipment		5		$	322		$	144
Leasehold improvements	2	–	5		964			725
Furniture and fixtures		7			36			16
Computer equipment and software		3			2,233			2,135
					3,555			3,020
Less accumulated depreciation					(2,968	)		(2,739	)
Property and equipment, net				$	587		$	281

Depreciation of property and equipment and amortization of leasehold improvements and software totaled $0.2 million and $0.4 million for the years ended December 31, 2022 and 2021, respectively.

Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consisted of the following (in ’000’s):

	December 31,
	2022		2021
Accounts payable	$	19,959	$	5,472
Legal settlement		-		500
Accrued expenses		494		703
Compensation, benefits and related taxes		1,102		270
Other accrued expenses		61		71
Total accounts payable and accrued expenses	$	21,616	$	7,016