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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 1,744 $ 11
Accounts receivable, net 4,518 2,762
Inventories 9,783 9,635
Prepaid expenses 420 150
Other current assets 242 242
Total current assets 16,707 12,800
Long-term Assets:    
Property and equipment, net 1,529 1,594
Goodwill 23,286 23,286
Other intangible assets 63 48
Right of use assets 3,397 2,068
Deferred tax asset 7,178 7,178
Other long-term assets 48 247
Total long-term assets 35,501 34,421
Total Assets 52,208 47,221
Current Liabilities:    
Accounts payable 4,383 3,304
Accrued expenses 747 394
Line of credit 7,738 6,259
Current portion of long-term debt 973 1,855
Current portion, lease liability 816 738
Total current liabilities 14,657 12,550
Long-term liabilities:    
Accrued related party management fee 351 351
Long term debt, net of current portion 7,541 6,323
Lease liability, net of current portion 2,687 1,437
Total long-term liabilities 10,579 8,111
Total Liabilities 25,236 20,661
Equity:    
Common Stock $0.0005 par value; 50,000,000 and 200,000 shares authorized; 5,190,251 and 157,610 issued as of March 31, 2025 and December 31, 2024, respectively 3
Additional paid-in capital 225,504 193,044
Accumulated deficit (198,535) (196,102)
Total Equity 26,972 (3,058)
Total Liabilities, TotalStone, LLC. Preferred Units & Equity 52,208 47,221
Class B Preferred Units    
Long-term liabilities:    
TotalStone, LLC – Preferred Units 28,475
Special Preferred Units    
Long-term liabilities:    
TotalStone, LLC – Preferred Units $ 1,143