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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 146,000 $ 66,000
Accounts receivable, net 1,618,000 3,443,000
Inventories 8,325,000 7,876,000
Prepaid expenses 389,000 625,000
Other current assets 464,000
Total current assets 10,478,000 12,474,000
Property, plant and equipment:    
Machinery and equipment 17,723,000 17,470,000
Office furniture and equipment 2,084,000 2,076,000
Intellectual property 783,000 783,000
Leasehold improvements 39,000 23,000
Fixtures and equipment at customer locations 519,000 519,000
Projects under construction 108,000 223,000
Property, plant and equipment, gross 21,256,000 21,094,000
Less : accumulated depreciation and amortization (20,334,000) (19,951,000)
Total property, plant and equipment, net 922,000 1,143,000
Other assets:    
Operating lease right-of-use 3,882,000 3,530,000
Other assets 135,000
Total other assets 3,882,000 3,665,000
TOTAL ASSETS 15,282,000 17,282,000
Current liabilities:    
Trade payables 1,313,000 2,132,000
Line of credit 2,878,000 5,003,000
Notes payable - current portion 289,000 726,000
Notes payable - officers, subordinated 1,193,000
Operating lease liabilities 518,000 670,000
Accrued liabilities 2,480,000 647,000
Current liabilities of discontinued operations
Total current liabilities 7,478,000 10,371,000
Long-term liabilities:    
Notes payable – net of current portion 427,000
Notes payable - officers, subordinated 1,267,000
Operating lease liabilities 3,364,000 2,860,000
Total long-term liabilities 5,058,000 2,860,000
TOTAL LIABILITIES 12,536,000 13,231,000
Equity:    
Common stock - no par value, 50,000,000 shares authorized, 16,102,749 and 5,930,408 shares issued and 16,059,991 and 5,886,750 shares outstanding at December 31, 2022 and December 31, 2021 respectively 21,283,000 14,538,000
Paid-in-capital 3,895,000 4,317,000
Accumulated deficit (24,122,000) (22,655,000)
Less: Treasury stock, 43,658 shares (161,000) (161,000)
Total Stockholders’ Equity 2,746,000 4,051,000
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 15,282,000 17,282,000
Series A Preferred Stock [Member]    
Equity:    
Preferred Stock Value 3,155,000
Series B Preferred Stock [Member]    
Equity:    
Preferred Stock Value 1,851,000 1,715,000
Series C Preferred Stock [Member]    
Equity:    
Preferred Stock Value 1,630,000
Series D Preferred Stock [Member]    
Equity:    
Preferred Stock Value $ 1,512,000