XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 1,722 $ 2,186
Trade accounts receivable 3,692 4,873
Allowance for Credit Losses (225) (139)
    Trade accounts receivable, net 3,467 4,734
Inventories, net 10,031 8,839
Prepaid expenses and other current assets 1,082 866
Total current assets 16,302 16,625
Equipment and leasehold improvements, net 8,668 7,949
Operating leases, right of use 7,907 8,978
Other assets, net 4 6
Total assets 32,881 33,558
Current liabilities:    
Line of credit – accounts receivable, related party 2,810 4,282
Current portion of debt, related party 2,000
Current portion of operating lease obligations 1,297 0
Accounts payable 6,260 6,363
Current portion of deferred revenue 2,353 2,167
Accrued expenses 869 1,023
Total current liabilities 15,589 13,835
Long-term portion of operating lease obligations 9,152 9,823
Long-term line of credit – inventory, related party 5,000 3,000
Long-term debt, related party 1,000 1,000
Long-term portion of deferred revenue 21
Asset retirement obligations 238 230
Total long-term liabilities 15,390 14,074
Contingent liabilities
Stockholders’ equity:    
Preferred stock, $.01 par value, 24,088 shares authorized, and no shares issued and outstanding
Common stock, $.01 par value, 60,000,000 shares authorized; 49,627,254 and 49,320,680 shares issued and outstanding on December 31, 2023 and December 31, 2022, respectively 496 493
Additional paid-in capital 106,069 105,226
Accumulated deficit (104,663) (100,070)
Total stockholders’ equity 1,902 5,649
Total liabilities and stockholders’ equity $ 32,881 $ 33,558