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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Used in Operating Activities    
Net Income (Loss) $ 4,892,000 $ (2,298,000)
Adjustments to Reconcile Net Income (Loss) to Net Cash    
Stock based compensation 4,487,000 288,000
Amortization of debt discount 219,000 613,000
Change in fair market value of warrant liability (18,523,000)
Deferred tax liability (527,000)
Non-cash interest expense (paid-in kind) 1,238,000
Provision for doubtful accounts 52,000
Depreciation and amortization 297,000 192,000
Loss on disposal of property and equipment 116,000 62,000
Changes in Assets and Liabilities    
Accounts receivable (1,577,000) (1,217,000)
Inventories (1,966,000) (5,946,000)
Prepaid expenses (196,000) (502,000)
Prepaid inventory 299,000 2,425,000
Other current assets (129,000) (637,000)
Other assets 308,000 274,000
Income taxes payable (11,000)
Accounts payable and accrued expenses 6,465,000 (4,119,000)
Customer deposits 180,000 293,000
Total Adjustments (8,730,000) (8,812,000)
Net Cash Used in Operating Activities (3,838,000) (11,110,000)
Cash Flows From Investing Activities    
Purchase of property and equipment (589,000) (4,524,000)
Net Cash Used in Investing Activities (589,000) (4,524,000)
Cash Flows From Financing Activities    
Proceeds from public offering, net 597,000
Proceeds from note payable, related party 1,000,000
Proceeds from exercise of public warrants 747,000
Proceeds from exercise of options 93,000 111,000
Net Cash Provided by Financing Activities 2,437,000 111,000
Net Decrease in Cash and Restricted Cash (1,990,000) (15,523,000)
Beginning cash and restricted cash 17,781,000 28,630,000
Ending cash and restricted cash 15,791,000 13,107,000
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest 2,003 658
Supplemental Non-Cash Items    
Receivable of options exercised 2,000
Purchases of property and equipment, not yet paid 352,000
Cashless exercise of liability classified warrants $ 10,167,000