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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 10,602,000 $ 15,385,000
Restricted cash 365,000 328,000
Accounts receivable, net 6,728,000 4,955,000
Inventory 3,944,000 3,058,000
Note receivable, current portion 340,000 340,000
Other current assets 1,238,000 1,270,000
Total current assets 23,217,000 25,336,000
Long-term assets    
Property and equipment, net 12,693,000 13,188,000
Right-of-use operating lease assets, net 9,283,000 9,584,000
Right-of-use financing lease assets, net 2,494,000 1,989,000
Goodwill 24,313,000 20,593,000
Intangible assets, net 25,830,000 17,239,000
Note receivable, long-term 227,000 482,000
Deposits 3,138,000 3,740,000
Total long-term assets 77,978,000 66,815,000
Total assets 101,195,000 92,151,000
Current liabilities    
Accounts payable and accrued expenses 5,773,000 5,139,000
Notes payable, current portion 1,000,000 1,000,000
Loan payable, current portion 78,000 75,000
Prepaid Advance liability, at fair value 11,621,000 0
Lease liability operating, short-term 1,914,000 1,261,000
Lease liability financing, short-term 855,000 547,000
Contract liabilities 3,200,000 3,604,000
Liability for ATD Holdback Shares, at fair value 698,000 0
Other current liabilities 5,467,000 5,610,000
Total current liabilities 30,606,000 17,236,000
Long-term Liabilities    
Notes payable, long-term 0 1,000,000
Loan payable, long-term 214,000 273,000
Lease liability operating, long-term 12,486,000 13,445,000
Lease liability financing, long-term 1,151,000 1,057,000
Contract liabilities, long-term 1,196,000 1,449,000
Deferred tax liability 65,000 65,000
Other non-current liabilities 587,000 587,000
Total long-term liabilities 30,255,000 41,545,000
Total liabilities 60,861,000 58,781,000
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.0001 par value, 2,000,000 authorized, 505,000 shares designated as Series A and 240,861 shares designated as Series B as of September 30, 2024 and December 31, 2023, respectively. No preferred stock was issued or outstanding as of September 30, 2024 or December 31, 2023, respectively. 0 0
Common stock, $0.0001 par value; 300,000,000 authorized shares; 91,114,540 and 69,273,334 shares issued as of September 30, 2024 and December 31, 2023, respectively; 90,955,020 and 69,176,826 shares outstanding as of September 30, 2024 and December 31, 2023, respectively. 9,000 7,000
Treasury stock, 159,520 and 96,508 shares as of September 30, 2024 and December 31, 2023, respectively. (711,000) (522,000)
Additional paid-in capital 280,774,000 232,568,000
Accumulated deficit (239,738,000) (198,683,000)
Total stockholders’ equity 40,334,000 33,370,000
Total liabilities and stockholders’ equity 101,195,000 92,151,000
The 2023 Promissory Notes [Member] | Nonrelated Party [Member]    
Long-term Liabilities    
Secured long term debt, net of debt discount 0 2,988,000
The 2023 Promissory Notes [Member] | Related Party [Member]    
Long-term Liabilities    
Secured long term debt, net of debt discount 0 6,351,000
The 2023 Revenue Sharing Notes [Member] | Nonrelated Party [Member]    
Long-term Liabilities    
Secured long term debt, net of debt discount 9,704,000 9,553,000
The 2023 Revenue Sharing Notes [Member] | Related Party [Member]    
Long-term Liabilities    
Secured long term debt, net of debt discount $ 4,852,000 $ 4,777,000