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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 411 $ 3,015
Accounts receivable 470 530
Prepaid expenses and other assets 372 1,877
Total current assets 1,253 5,422
Property and Equipment:    
Equipment 2,890 2,865
Capitalized software development 1,934 1,380
Furniture and fixtures 43 43
Leasehold improvements 78 78
Property and equipment 4,945 4,366
Accumulated depreciation and amortization (2,440) (2,208)
Property and equipment, net 2,505 2,158
Finance leases, right-of-use assets, net 882 1,048
Operating leases, right-of-use assets, net 427 504
Other assets 141 143
Total noncurrent assets 3,955 3,853
TOTAL ASSETS 5,208 9,275
Current Liabilities:    
Accounts payable, trade 1,511 1,273
Accrued expenses 524 446
Finance leases liabilities, current portion 658 667
Operating leases liabilities, current portion 240 294
Notes payable 10,737 10,114
Deferred revenue 166 455
Total current liabilities 13,836 13,249
Noncurrent Liabilities:    
Finance leases liabilities, noncurrent portion 5 10
Operating leases liability, noncurrent portion 199 231
Total noncurrent liabilities 204 241
Commitments and Contingencies – (See Note 5)
Stockholders’ Deficit:    
Preferred Stock $0.01 par value: Authorized shares – 5,000 Issued shares – 0 in 2023 and 2022 0 0
Common stock $0.01 par value: Authorized shares – 80,000 Issued shares – 21,258 in 2023 and 21,198 in 2022 Outstanding shares – 21,248 in 2023 and 21,188 in 2022 212 212
Common stock held in treasury, at cost – 10 shares (362) (362)
Additional paid-in capital 92,421 92,304
Accumulated deficit (101,060) (96,326)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ deficit (8,832) (4,215)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 5,208 $ 9,275