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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,652,000 $ 7,280,000
Accounts receivable, net of allowance for doubtful accounts of $156,000 at March 31, 2022 and December 31, 2021 2,175,000 733,000
Inventories 5,893,000 5,373,000
Prepaid expenses and other current assets 1,474,000 1,578,000
Total current assets 13,194,000 14,964,000
Inventories non-current, net 1,197,000 1,709,000
Equipment and leasehold improvements, net 1,224,000 1,261,000
Right-of-use operating lease assets, net 525,000 571,000
Goodwill 781,000 781,000
Other intangible assets, net 1,310,000 1,318,000
Other assets 48,000 48,000
Total assets 18,279,000 20,652,000
Current liabilities:    
Accounts payable 1,866,000 1,280,000
Accrued payroll and related expenses 456,000 348,000
Deferred revenue – short-term 1,159,000 719,000
Notes Payable, Related Parties, Current 10,000,000  
Interest payable – related party 153,000 2,231,000
Convertible promissory note, net 1,000,000 813,000
Other current liabilities 843,000 957,000
Total current liabilities 15,477,000 6,348,000
Convertible promissory note – related party, net   9,245,000
Operating lease obligations – long-term 338,000 398,000
Deferred revenue – long-term 1,163,000 1,244,000
Other noncurrent liabilities 19,000 20,000
Total liabilities 16,997,000 17,255,000
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value; 2,000,000 shares authorized, none outstanding 0 0
Common stock, $0.001 par value; 350,000,000 shares authorized; 12,829,877 issued and outstanding (11,911,784 at December 31, 2021) 13,000 12,000
Additional paid in capital 258,614,000 268,447,000
Accumulated deficit (256,833,000) (264,662,000)
Accumulated other comprehensive loss 45,000 31,000
Total ThermoGenesis Holdings, Inc. stockholders’ equity 1,839,000 3,828,000
Noncontrolling interests (557,000) (431,000)
Total equity 1,282,000 3,397,000
Total liabilities and equity $ 18,279,000 $ 20,652,000