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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 6,906 $ 4,100
Accounts receivable 916 1,034
Prepaid expenses and other assets 2,858 356
Total current assets 10,680 5,490
Property and equipment:    
Equipment 2,740 2,517
Capitalized software development 890 0
Furniture and fixtures 43 43
Leasehold improvements 67 67
Property, Plant and Equipment, gross 3,740 2,627
Accumulated depreciation and amortization (1,994) (1,567)
Property and equipment, net 1,746 1,060
Finance leases, right-of-use assets, net 1,211 1,709
Operating leases, right-of-use assets, net 581 808
Other assets 137 166
Total noncurrent assets 3,675 3,743
TOTAL ASSETS 14,355 9,233
Current Liabilities:    
Accounts payable, trade 1,156 718
Accrued expenses 1,114 534
Finance lease liabilities, current portion 667 644
Operating lease liabilities, current portion 315 935
Notes payable, current portion 9,574
Deferred revenue 869 560
Total current liabilities 13,695 3,391
Noncurrent Liabilities:    
Notes payable, noncurrent portion 844 0
Finance lease liabilities, noncurrent portion 67 673
Operating lease liabilities, noncurrent portion 290 1,250
Total noncurrent liabilities 1,201 1,923
Commitments and Contingencies - See Note 9
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 – 20,883 in 2022 and 19,135 in 2021; Outstanding shares – 20,873 in 2022 and 19,125 in 2021 209 191
Common stock held in treasury, at cost – 10 shares (362) (362)
Additional paid-in capital 90,787 84,230
Accumulated deficit (91,132) (80,097)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ equity (541) 3,919
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 14,355 $ 9,233