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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 300 $ 3,015
Accounts receivable, net 211 530
Prepaid expenses and other assets 427 1,877
Total current assets 938 5,422
Property and equipment:    
Equipment 2,886 2,865
Capitalized software development 2,196 1,380
Furniture and fixtures 43 43
Leasehold improvements 78 78
Property and equipment, gross 5,203 4,366
Accumulated depreciation and amortization (2,674) (2,208)
Property and equipment, net 2,529 2,158
Finance leases, right-of-use assets, net 715 1,048
Operating leases, right-of-use assets, net 348 504
Other assets 147 143
Total noncurrent assets 3,739 3,853
TOTAL ASSETS 4,677 9,275
Current Liabilities:    
Accounts payable, trade 1,798 1,273
Accrued expenses 212 446
Finance lease liabilities, current portion 618 667
Operating lease liabilities, current portion 184 294
Notes payable 10,894 10,114
Deferred revenue 1,121 455
Total current liabilities 14,827 13,249
Noncurrent Liabilities:    
Finance lease liabilities, noncurrent portion 4 10
Operating lease liabilities, noncurrent portion 167 231
Total noncurrent liabilities 171 241
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 – 22,442 in 2023 and 21,198 in 2022; Outstanding shares – 22,432 in 2023 and 21,188 in 2022 224 212
Common stock held in treasury, at cost – 10 shares (362) (362)
Additional paid-in capital 94,049 92,304
Accumulated deficit (104,189) (96,326)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ deficit (10,321) (4,215)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 4,677 $ 9,275