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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 1,633 $ 2,883
Accounts receivable, net of allowance for doubtful accounts of $984 and $620, respectively 8,263 3,006
Unbilled receivables 0 369
Inventories, net 2,267 1,880
Prepaids and other current assets 1,819 1,634
Total current assets 13,982 9,772
Property and equipment, net 201 75
Operating lease right-of-use assets 1,584 654
Intangibles, net 23,752 4,850
Goodwill 26,453 7,525
Other assets 43 5
TOTAL ASSETS 66,015 22,881
CURRENT LIABILITIES    
Accounts payable 3,757 2,517
Accrued expenses 3,828 2,110
Deferred revenues 1,223 426
Customer deposits 2,478 1,525
Current maturities of operating leases 711 281
Total current liabilities 16,496 6,859
Long-term Secured Promissory Note 208 0
Long-term related party convertible loans payable, at fair value 0 2,251
Long-term obligations under operating leases 873 373
Contingent acquisition consideration, at fair value 9,789 0
Other liabilities 205 45
TOTAL LIABILITIES 40,436 14,152
SHAREHOLDERS’ EQUITY    
Common stock, $0.01 par value, 66,666 shares authorized; 7,266 and 4,003 shares issued and outstanding, respectively 218 120
Additional paid-in capital 75,770 60,863
Accumulated deficit (50,409) (52,254)
Total shareholders’ equity 25,579 8,729
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 66,015 22,881
Seller Note [Member]    
CURRENT LIABILITIES    
Short-term portion of Secured Promissory Note 1,248 0
Consolidated Term Loan [Member]    
CURRENT LIABILITIES    
Short-term related party Loan 1,251 0
Long-term related party loans payable 4,349 0
Term Loan 2022 [Member]    
CURRENT LIABILITIES    
Short-term related party Loan 2,000 0
Acquisition Term Loan [Member]    
CURRENT LIABILITIES    
Long-term related party loans payable 8,516 0
Loans Excluding Acquisition Term Loan and Consolidation Term Loan [Member]    
CURRENT LIABILITIES    
Long-term related party loans payable $ 0 $ 4,624