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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 3,849 $ 4,346
Restricted cash 303 303
Accounts receivable, net 5,513 7,035
Account receivable-due from government awards   501
Unbilled accounts receivable 2,665 2,438
Inventories 8,804 8,709
Prepaid expenses and other current assets 688 594
Total current assets 21,822 23,926
Property, plant and equipment, net 51,171 49,099
Operating lease right-of-use assets 37 53
Intangibles and other assets 27 29
Total assets 73,057 73,107
Current liabilities:    
Accounts payable 1,199 2,077
Accrued compensation 1,856 1,662
Revolving credit facility, net   1,037
Other accrued expenses 961 659
Deferred revenue 12 12
Operating lease liability - current 38 54
Finance lease liability - current 1,229 1,229
Other current liabilities 471 231
Total current liabilities 5,766 6,961
Other liability - long term 14 14
Deferred income - government awards - long term 31,136 28,729
Finance lease liability - long term 13,545 13,608
Total liabilities 50,461 49,312
Commitments and contingencies (Note 8)
Shareholders' equity:    
Preferred stock, $.001 par value: authorized 10,000,000 shares: Series B Convertible Preferred stock, (liquidation preference of $5,356) stated value $1,000 per share, $0.001 par value: 10,000 shares designated and 5,356 issued and outstanding as of March 31, 2023 and 5,356 issued and outstanding as of December 31, 2022.
Common stock, $0.001 par value: authorized 200,000,000 shares, issued 82,530,660 shares, outstanding 82,368,594 shares as of March 31, 2023 and issued 81,241,516 shares, outstanding 81,079,450 shares as of December 31, 2022. 82 80
Additional paid-in capital 284,002 282,582
Accumulated deficit (260,988) (258,367)
Treasury stock, 162,066 shares as of March 31, 2023 and December 31, 2022. (500) (500)
Total shareholders' equity 22,596 23,795
Total liabilities and shareholders' equity $ 73,057 $ 73,107