XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 7,018 $ 4,100
Accounts receivable 1,289 1,034
Prepaid expenses 784 356
Total current assets 9,091 5,490
Property and equipment:    
Equipment 2,643 2,517
Capitalized software development 350 0
Furniture and fixtures 43 43
Leasehold improvements 67 67
Property, plant and equipment, gross 3,103 2,627
Accumulated depreciation and amortization (1,850) (1,567)
Property and equipment, net 1,253 1,060
Finance leases, right-of-use assets, net 1,377 1,709
Operating leases, right-of-use assets, net 658 808
Other assets 163 166
Total noncurrent assets 3,451 3,743
TOTAL ASSETS 12,542 9,233
Current Liabilities:    
Accounts payable, trade 521 718
Accrued expenses 872 534
Finance lease liabilities, current portion 650 644
Operating lease liabilities, current portion 311 935
Notes payable, current portion 6,796 0
Deferred revenue 1,314 560
Total current liabilities 10,464 3,391
Notes payable, noncurrent portion 2,934 0
Finance lease liabilities, noncurrent portion 626 673
Operating lease liabilities, noncurrent portion 372 1,250
Total noncurrent liabilities 3,932 1,923
Commitments and Contingencies - See Note 8
Stockholders’ Equity:    
Preferred stock, $0.01 par value: Authorized shares – 5,000 Issued shares – 0 in 2022 and 2021 0 0
Common stock $0.01 par value: Authorized shares – 80,000; Issued shares – 19,745 in 2022 and 19,135 in 2021; Outstanding shares – 19,735 in 2022 and 19,125 in 2021 197 191
Common stock held in treasury, at cost – 10 shares (362) (362)
Additional paid-in capital 86,570 84,230
Accumulated deficit (88,216) (80,097)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ equity (1,854) 3,919
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 12,542 $ 9,233