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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 5,641 $ 7,504
Accounts receivable, net of allowance for doubtful accounts ($0 at March 31, 2022 and December 31, 2021) 2,300 1,668
Inventory, net of allowance for excess and obsolete inventory and lower of cost or estimated net realizable value adjustments ($522 and $641 at March 31, 2022 and December 31, 2021, respectively) 3,785 3,220
Prepaid expenses and other current assets 752 778
Total current assets 12,478 13,170
Operating lease right-of-use assets 2,331 411
Property and equipment, net 187 193
Goodwill, Ending Balance 4,528 4,528
Other intangible assets, net 5,109 5,200
Other assets 161 476
TOTAL ASSETS 24,794 23,978
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,556 1,045
Accrued liabilities 2,763 2,092
Line of credit 0 105
Operating lease liability 465 200
Total current liabilities 4,784 3,442
Operating lease liabilities-non-current 1,922 246
Warrant liability 0 9,558
Contingent earnout liability 342 561
Total liabilities 7,048 13,807
Commitments & contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.01 par value; 5,000 shares authorized; 13 and 14 issued and outstanding at March 31, 2022 and December 31, 2021, respectively 609 680
Common stock, $0.01 par value; 150,000 and 100,000 shares authorized, 51,419 and 47,766 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 514 478
Additional paid-in capital 158,621 150,900
Accumulated deficit (141,998) (141,887)
Total stockholders' equity 17,746 10,171
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 24,794 $ 23,978