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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and Cash Equivalents $ 2,505,000 $ 1,294,000
Accounts Receivable, Net of Allowance for Doubtful Accounts of $964,000 and $859,000 8,798,000 7,858,000
Inventory 32,120,000 28,646,000
Prepaid Expenses and Other Current Assets 173,000 447,000
Prepaid Taxes 15,000
Total Current Assets 43,611,000 38,245,000
Property and Equipment, Net 9,581,000 7,578,000
Operating Lease Right-Of-Use-Asset 3,510,000 3,623,000
Deferred Financing Costs, Net, Deposits and Other Assets 912,000 1,481,000
Goodwill 163,000 163,000
TOTAL ASSETS 57,777,000 51,090,000
Current Liabilities    
Notes Payable and Finance Lease Obligations - Current Portion 16,475,000 15,682,000
Notes Payable - Related Party - Current Portion 6,862,000
Accounts Payable and Accrued Expenses (related parties of $400,000 and $210,000) 8,682,000 8,105,000
Operating Lease Liabilities - Current Portion 701,000 697,000
Deferred Gain on Sale - Current Portion 38,000 38,000
Deferred Revenue 917,000 1,011,000
Liability Related to the Sale of Future Proceeds from Disposition of Subsidiary - Current Portion 200,000 200,000
Income Taxes Payable 27,000
Deferred payroll tax liability - CARES Act - Current Portion 314,000
Total Current Liabilities 27,327,000 32,622,000
Long Term Liabilities    
Notes Payable and Finance Lease Obligations - Net of Current Portion 4,786,000 3,406,000
Notes Payable - Related Party - Net of Current Portion 6,012,000
Operating Lease Liabilities - Net of Current Portion 3,927,000 4,235,000
Deferred Gain on Sale - Net of Current Portion 181,000 219,000
Liability Related to the Sale of Future Proceeds from Disposition of Subsidiary - Net of Current Portion 122,000 402,000
Deferred payroll tax liability - CARES Act - Net of Current Portion 313,000
TOTAL LIABILITIES 42,668,000 40,884,000
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, par value $.001 - Authorized 3,000,000 shares, 0 shares outstanding, at both December 31, 2020 and December 31, 2019.
Common Stock - Par Value $.001 - Authorized 60,000,000 Shares, 31,906,971 and 29,478,338 Shares Issued and Outstanding as of December 31, 2020 and December 31, 2019, respectively 32,000 29,000
Additional Paid-In Capital 81,238,000 77,434,000
Accumulated Deficit (66,161,000) (67,257,000)
TOTAL STOCKHOLDERS' EQUITY 15,109,000 10,206,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 57,777,000 $ 51,090,000