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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash $ 26,879 $ 36,231
Accounts receivable, net 8,673 9,069
Inventories, net 14,728 11,894
Prepaid expenses and other current assets 2,202 2,470
Total current assets 52,482 59,664
Right of use assets, operating leases 1,260 1,362
Property and equipment, net 1,365 1,173
Intangible assets, net 5,101 5,921
Total assets 60,208 68,120
Current liabilities    
Accounts payable 2,738 3,075
Accrued expenses 1,600 3,155
Notes payable 584 99
Operating lease obligations, current 464 560
Customer deposits and deferred revenue 1,446 2,113
Total current liabilities 6,832 9,002
Operating lease obligations, net of current portion 1,317 1,507
Deferred tax liabilities 872 978
Total liabilities 9,021 11,487
Commitments and contingencies (See Note 10)
Stockholders’ equity    
Preferred stock – $0.00001 par value per share: 10,000,000 shares authorized on June 30, 2022, and December 31, 2021; -0- shares issued and outstanding as of June 30, 2022, and December 31, 2021, respectively
Common stock, – $0.00001 par value per share, 100,000,000 shares authorized, 47,380,614 and 45,825,089 shares issued and 47,377,955 and 45,822,430 outstanding at June 30, 2022, and December 31, 2021, respectively
Additional paid-in capital 344,732 343,746
Accumulated other comprehensive income (1,436) (297)
Treasury stock, at cost – 2,659 shares as of June 30, 2022, and December 31, 2021, respectively (277) (277)
Accumulated deficit (291,832) (286,539)
Total stockholders’ equity 51,187 56,633
Total liabilities and stockholders’ equity $ 60,208 $ 68,120