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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 5,013,000 $ 16,077,000
Accounts receivable, net 5,065,000 0
Receivable from escrow account 200,000 200,000
Inventories, net 9,718,000 0
Prepaid expenses and other current assets 2,987,000 52,000
Other current assets related to discontinued operations 115,000 292,000
Total current assets 23,098,000 16,621,000
Property and equipment, net 11,576,000 35,000
Equity-method investment 167,000 0
Goodwill 10,122,000 0
Intangible assets, net 26,712,000 0
Operating lease right-of-use assets 34,060,000 7,000
Finance lease right-of-use assets 22,000 0
Long-term receivable 357,000 0
Note receivable 700,000 0
Other assets 10,000 10,000
Total assets 106,824,000 16,673,000
Current liabilities:    
Accounts payable 2,359,000 32,000
Accrued compensation 1,825,000 635,000
Accrued expenses and other current liabilities 3,779,000 210,000
Current portion of finance lease liabilities 13,000 0
Current portion of operating lease liabilities 958,000 4,000
Current portion of debt 2,850,000 0
Current liabilities related to discontinued operations 166,000 257,000
Liabilities and Stockholders' equity    
Total current liabilities 11,950,000 1,138,000
Long-term liabilities:    
Finance lease liabilities, net of current portion 7,000 0
Operating lease liabilities, net of current portion 33,245,000 3,000
Long-term debt, net 34,575,000 0
Deferred tax liabilities, net 9,785,000 0
Total Long-term liabilities 77,612,000 3,000
Stockholders' equity    
Common stock, par value $.01: Authorized shares - 5,714,000 Issued and outstanding shares - 1,743,000 at March 31, 2024 and December 31, 2023 17,000 17,000
Additional paid-in capital 16,177,000 16,176,000
Accumulated other comprehensive income 3,000 0
Accumulated deficit (1,702,000) (661,000)
Total stockholders' equity attributable to Lendway,Inc 14,495,000 15,532,000
Equity from noncontrolling interest 2,767,000 0
Total Stockholders' equity 17,262,000 15,532,000
Total Liabilities and Stockholders' equity $ 106,824,000 $ 16,673,000