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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents including restricted cash $ 2,697 $ 3,411
Accounts receivable, net of allowance for credit loss reserve, $33 and $37 as of June 30, 2023 and December 31, 2022, respectively 1,286 4,448
Unbilled revenue 734 1,185
Prepaid expenses and other current assets 308 333
Inventory 47 81
TOTAL CURRENT ASSETS 5,072 9,458
PROPERTY AND EQUIPMENT, NET 288 292
RIGHT OF USE ASSET 554 469
INTANGIBLE ASSETS, NET 6,990 6,412
GOODWILL 5,338 3,988
DEFERRED IMPLEMENTATION COSTS 182 133
TOTAL ASSETS 18,424 20,752
CURRENT LIABILITIES    
Current portion of debt 1,300 500
Accounts payable 1,400 3,912
Other accrued expense 723 902
Lease liability- current 174 115
Contingent liability-short term 122
TOTAL CURRENT LIABILITIES 3,719 5,429
LONG-TERM LIABILITIES    
Contingent liability-long term 831
Long-term lease liability 389 359
Long-term derivative liability 2 3
Term note 1,125 1,375
TOTAL LIABILITIES 6,066 7,166
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value; 675,000,000 authorized; 10,190,433 and 9,341,002 issued, 9,842,765 and 8,951,035 shares outstanding as of June 30, 2023 and December 31, 2022, respectively 10 10
Additional paid in capital 94,111 92,987
Treasury stock as cost; 347,668 and 389,967 shares at June 30, 2023 and December 31, 2022, respectively (792) (949)
Accumulated deficit (80,921) (78,459)
Accumulated other comprehensive loss (50) (3)
STOCKHOLDERS' EQUITY 12,358 13,586
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 18,424 20,752
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Convertible preferred stock
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Convertible preferred stock