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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 49 $ 770
Restricted cash   500
Accounts receivable, net 1,833 3,516
Inventories 4,692 4,937
Income taxes receivable 239 320
Prepaid expenses 243 436
Total current assets 7,056 10,479
Property and equipment, net 1 7
Goodwill 0 1,710
Intangible assets, net 1,137 4,809
Operating lease right-of-use assets 2,491 2,735
Other assets 46 38
Assets of discontinued operations   1,091
Total assets 10,731 20,869
Current liabilities:    
Accounts payable 1,407 2,647
Accrued expenses 311 747
Current portion of long-term debt, net of debt issuance costs 3,384 1,000
Operating lease liabilities, current portion 270 251
Total current liabilities 5,372 4,645
Long-term debt, net of current portion and debt issuance costs   1,876
Operating lease liabilities, net of current 2,512 2,780
Other liabilities 27 27
Total liabilities 7,911 9,328
Shareholders’ equity:    
Preferred stock, no par value, authorized 20,000 shares; no shares issued and outstanding
Common Stock; $0.10 par value, authorized 50,000 shares; issued and outstanding 12,797 shares (2022) and 12,727 shares (2021) 1,280 1,273
Capital in excess of par 7,912 7,789
(Accumulated deficit) retained earnings (6,372) 2,479
Total shareholders’ equity 2,820 11,541
Total liabilities and shareholders’ equity $ 10,731 $ 20,869