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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 457 $ 49
Accounts receivable, net 975 1,833
Inventories 2,940 3,457
Income taxes receivable   239
Prepaid expenses 462 243
Total current assets 4,834 5,821
Intangible assets, net 1,081 1,137
Operating lease right-of-use assets 2,428 2,491
Other assets 46 47
Assets of discontinued operations   1,235
Total assets 8,389 10,731
Current liabilities:    
Accounts payable 1,030 1,407
Accrued expenses 215 311
Current portion of long-term debt, net of debt issuance costs 1,205 3,384
Operating lease liabilities, current portion 275 270
Total current liabilities 2,725 5,372
Operating lease liabilities, net of current 2,441 2,512
Other liabilities 27 27
Total liabilities 5,193 7,911
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 (2023) and 12,797 shares (2022) 1,280 1,280
Capital in excess of par 7,919 7,912
Accumulated deficit (6,003) (6,372)
Total shareholders’ equity 3,196 2,820
Total liabilities and shareholders’ equity $ 8,389 $ 10,731