XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS (Unaudited Consolidated Condensed) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 1,077 $ 957
Trade accounts receivable, less allowance for doubtful accounts of $9 for both June 30, 2021 and December 31, 2020 3,396 2,932
Inventories, net 5,621 4,340
Prepaid expenses and other current assets 720 606
Total current assets 10,814 8,835
Equipment and leasehold improvements, net 3,429 2,868
Operating leases, right of use 1,785 1,827
Other assets, net 9 10
 Total assets 16,037 13,540
Current liabilities:    
Line of credit, bank 500
Line of credit, related party 2,310 2,155
Current portion of long-term debt, related party 1,000 500
Current portion of finance lease obligations 158 177
Current portion of operating lease obligations 499 431
Accounts payable 2,623 2,126
Deferred revenue 441 411
Accrued expenses 954 484
Total current liabilities 7,985 6,784
Long-term portion of finance lease obligations 36 110
Long-term portion of operating lease obligations 1,523 1,651
Long-term convertible loan, related party 1,097
PPP Loan (SBA) 952
Asset retirement obligations 218 214
Total long-term liabilities 1,777 4,024
Contingent liabilities
Shareholders’ equity:    
Preferred stock, $.01 par value, 24,088 shares authorized, and no shares issued and outstanding
Common stock, $.01 par value, 55,000,000 shares authorized; 48,460,347 and 38,221,292 shares issued and outstanding on June 30, 2021 and December 31, 2020, respectively 485 382
Additional paid-in capital 104,206 102,117
Accumulated deficit (98,416) (99,767)
Total Shareholders’ equity 6,275 2,732
  $ 16,037 $ 13,540