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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 819 $ 2,883
Accounts receivable, net of allowance of $809 and $620, respectively 7,186 3,006
Unbilled receivables 219 369
Work-in-process and inventories, net 3,108 1,880
Prepaid expenses and other current assets 1,618 1,634
Total current assets 12,950 9,772
Operating lease right-of-use assets 1,703 654
Property and equipment, net 193 75
Intangibles, net 23,754 4,850
Goodwill 26,094 7,525
Other assets 19 5
TOTAL ASSETS 64,713 22,881
CURRENT LIABILITIES    
Short-term seller note payable 1,777
Short-term portion of Related Party Consolidation Term Loan 399  
Accounts payable 3,040 2,517
Accrued expenses 3,029 2,110
Deferred revenues 2,704 426
Customer deposits 1,783 1,525
Current maturities of operating leases 705 281
Total current liabilities 13,437 6,859
Long-term Related Party Acquisition Term Loan, net of $1,660 and $0 discount, respectively 8,340
Long-term Related Party Consolidation Term Loan, net of $1,773 and $143 discount, respectively 5,013 4,624
Long-term related party convertible loans payable, at fair value 2,251
Contingent acquisition consideration, at fair value 10,494
Long-term obligations under operating leases 1,018 373
Other liabilities 9 45
TOTAL LIABILITIES 38,311 14,152
SHAREHOLDERS’ EQUITY    
Common stock, $0.01 par value, 200,000 shares authorized; 21,751 and 12,009 shares issued and outstanding, respectively 217 120
Additional paid-in capital 75,260 60,863
Accumulated deficit (49,075) (52,254)
Total shareholders’ equity 26,402 8,729
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 64,713 $ 22,881