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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 177 $ 3,015
Accounts receivable, net 450 530
Prepaid expenses and other assets 305 1,877
Total current assets 932 5,422
Property and equipment:    
Equipment 3,115 2,865
Capitalized software development 2,527 1,380
Furniture and fixtures 43 43
Leasehold improvements 78 78
Property and equipment, gross 5,763 4,366
Accumulated depreciation and amortization (2,921) (2,208)
Property and equipment, net 2,842 2,158
Finance leases, right-of-use assets, net 549 1,048
Operating leases, right-of-use assets, net 237 504
Other assets 161 143
Total noncurrent assets 3,789 3,853
TOTAL ASSETS 4,721 9,275
Current Liabilities:    
Accounts payable, trade 2,497 1,273
Accrued expenses 635 446
Finance lease liabilities, current portion 617 667
Operating lease liabilities, current portion 113 294
Notes payable, current portion 11,021 10,114
Deferred revenue 862 455
Total current liabilities 15,745 13,249
Noncurrent Liabilities:    
Finance lease liabilities, noncurrent portion 4 10
Operating lease liabilities, noncurrent portion 135 231
Notes payable, noncurrent portion 370 0
Total noncurrent liabilities 509 241
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 – 24,620 in 2023 and 21,198 in 2022; Outstanding shares – 24,610 in 2023 and 21,188 in 2022 246 212
Common stock held in treasury, at cost – 10 shares (362) (362)
Additional paid-in capital 96,026 92,304
Accumulated deficit (107,400) (96,326)
Accumulated other comprehensive loss (43) (43)
Total stockholders’ deficit (11,533) (4,215)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 4,721 $ 9,275