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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 167 $ 274
Accounts receivable, net of allowance for doubtful accounts of $240 as of both September 30, 2022 and December 31,2021, respectively 3,152 1,765
Inventories 4,158 4,854
Prepaid and other current assets 756 785
Total current assets 8,233 7,678
Property, plant and equipment, net 245 290
License agreements, net 5 7
Intangible assets, net 741 755
Goodwill 493 493
Right of use assets, net 4,927 1,984
Other assets, net 635 703
Total assets 15,279 11,910
Current liabilities:    
Line of credit 4,318 2,400
Current portion of long-term debt 69 71
Current portion of lease liability 552 826
Accounts payable 2,654 2,264
Accrued compensation 492 298
Accrued benefit pension liability 16 16
Income taxes payable 24 34
Other accrued expenses 339 151
Total current liabilities 8,464 6,060
Subordinated convertible debt with related parties, net 1,487 1,372
Lease liability, net of current portion 4,240 993
Long-term debt, net of current portion 151 200
Total liabilities 14,342 8,625
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $.001 par value; authorized 5,000 shares, no shares outstanding
Common stock, $.001 par value; authorized 50,000 and 25,000 shares, 13,336 and 13,011 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 13 13
Paid-in capital 32,175 31,513
Accumulated deficit (30,320) (27,310)
Accumulated other comprehensive loss (931) (931)
Total stockholders’ equity 937 3,285
Total liabilities and stockholders' equity $ 15,279 $ 11,910