XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,792 $ 7,315
Restricted cash 4,317 4,314
Accounts receivable, net of allowances for bad debts and customer credits of $49 and $101 at March 31, 2022 and December 31, 2021, respectively 10,881 11,433
Vehicle inventory 480 1,076
Prepaid expenses and other current assets 631 998
Total current assets 20,101 25,136
Property and equipment, net 3,900 3,853
Right-of-use assets 1,822 1,993
Intangible assets, net 3,340 3,634
Other assets 474 516
Total assets 29,637 35,132
Current liabilities:    
Accounts payable 7,249 7,705
Borrowings under revolving credit facility 9,108 10,001
Accrued employee-related benefits 1,517 1,782
Other accrued expenses and other current liabilities 717 610
Current portion of lease liabilities 729 781
Current portion of financing debt 48 64
Total current liabilities 19,368 20,943
Lease liabilities, net of current portion 1,303 1,432
Total liabilities 20,671 22,375
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock, $0.001 par value; 55,000,000 shares authorized, 14,051,149 and 13,489,482 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 14 13
Additional paid-in capital 368,683 368,168
Accumulated deficit (359,731) (355,424)
Total stockholders’ equity 8,966 12,757
Total liabilities and stockholders’ equity 29,637 35,132
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, $0.001 par value, 11,445,187 shares authorized, Series A Preferred stock, 2,000,000 shares authorized, none issued and outstanding at March 31, 2022 and December 31, 2021, respectively. $ 0 $ 0