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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 344 $ 69
Accounts receivable, net of allowance for doubtful accounts of $275 as of both June 30, 2021 and December 31,2020, respectively 1,820 1,741
Inventories 3,776 4,063
Prepaid and other current assets 1,173 231
Total current assets 7,113 6,104
Property, plant and equipment, net 648 429
License agreements, net 38 10
Intangible assets, net 841 927
Goodwill 493 493
Right of use assets, net 2,058 2,411
Other assets, net 717 756
Total assets 11,908 11,130
Current liabilities:    
Line of credit 1,633 2,145
Current portion of long-term debt 73 28
Current portion of lease liability 802 794
Accounts payable 2,209 2,014
Accrued compensation 705 370
Accrued benefit pension liability 17 17
Income taxes payable 19 28
Other accrued expenses 57 138
Total current liabilities 5,515 5,534
Subordinated convertible debt with related parties, net 1,256 791
Lease liability, net of current portion 1,414 1,771
Long-term debt, net of current portion 233 1,797
Total liabilities 8,418 9,893
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 5,000 shares, no shares outstanding
Common stock, $.001 par value; authorized 25,000 shares, 12,082 and 11,558 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 12 12
Paid-in capital 30,612 29,571
Accumulated deficit (26,182) (27,394)
Accumulated other comprehensive loss (952) (952)
Total stockholders’ equity 3,490 1,237
Total liabilities and stockholders' equity $ 11,908 $ 11,130