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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 5,854,000 $ 4,177,000
Accounts receivable, net of allowance for doubtful accounts of $4,000 ($149,000 at December 31, 2022) 955,000 1,865,000
Inventories 3,426,000 3,334,000
Prepaid expenses and other current assets 734,000 1,508,000
Total current assets 10,969,000 10,884,000
Inventories, non-current 778,000 1,003,000
Equipment and leasehold improvements, net 1,931,000 1,254,000
Right-of-use operating lease assets, net 315,000 372,000
Goodwill 781,000 781,000
Intangible assets, net 1,278,000 1,286,000
Other assets 256,000 256,000
Total assets 19,751,000 19,386,000
Current liabilities:    
Accounts payable 934,000 820,000
Accrued payroll and related expenses 445,000 399,000
Deferred revenue – short-term 729,000 782,000
Convertible promissory note – related party 6,499,000 5,777,000
Interest payable – related party 111,000 1,492,000
Convertible promissory note, net 423,000 962,000
Other current liabilities 1,330,000 1,277,000
Total current liabilities 10,471,000 11,509,000
Operating lease obligations – long-term 54,000 131,000
Deferred revenue – long-term 835,000 911,000
Other noncurrent liabilities 18,000 17,000
Total liabilities 14,739,000 16,063,000
Commitments and Contingencies  
Stockholders’ equity:    
Common stock, $0.001 par value; 350,000,000 shares authorized; 1,535,869 issued and outstanding (1,037,138 at December 31, 2022) 2,000 1,000
Additional paid in capital 277,253,000 270,377,000
Accumulated deficit (271,279,000) (266,193,000)
Accumulated other comprehensive loss 105,000 111,000
Total ThermoGenesis Holdings, Inc. stockholders’ equity 6,081,000 4,296,000
Noncontrolling interests (1,069,000) (973,000)
Total equity 5,012,000 3,323,000
Total liabilities and equity 19,751,000 19,386,000
Lease Agreement with Z3 Investment LLC [Member]    
Current assets:    
Right-of-use operating lease assets, net 3,443,000 3,550,000
Current liabilities:    
Operating lease obligations – long-term $ 3,361,000 $ 3,495,000