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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 5,988 $ 2,883
Accounts receivable, net of allowance of $808 and $620, respectively 8,806 3,006
Unbilled receivables 369
Work-in-process and inventories, net 2,024 1,880
Prepaid expenses and other current assets 2,325 1,634
Total current assets 19,143 9,772
Operating lease right-of-use assets 1,073 654
Property and equipment, net 154 75
Intangibles, net 26,445 4,850
Goodwill 16,012 7,525
Other assets 52 5
TOTAL ASSETS 62,879 22,881
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Short-term seller note payable 2,396
Accounts payable 4,881 2,517
Accrued expenses 2,459 2,110
Deferred revenues 3,586 426
Customer deposits 2,973 1,525
Current maturities of operating and finance leases 560 281
Total current liabilities 16,855 6,859
Long-term Related Party Acquisition Term Loan, net of $2,010 and $0 discount, respectively 7,990  
Long-term Related Party Consolidation Term Loan, net of $2,146 and $143 discount, respectively 5,039 4,624
Long-term related party convertible loans payable, at fair value 2,251
Warrant liability, at fair value 7,796
Contingent acquisition consideration, at fair value 5,600
Long-term obligations under operating leases 513 373
Other liabilities 26 45
TOTAL LIABILITIES 43,819 14,152
Common stock, $0.01 par value, 200,000 shares authorized; 21,675 and 12,009 shares issued and outstanding, respectively 217 120
Additional paid-in capital 68,626 60,863
Accumulated deficit (49,783) (52,254)
Total shareholders’ equity 19,060 8,729
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 62,879 $ 22,881