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CONSOLIDATED BALANCE SHEETS (Unaudited Consolidated Condensed) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 510 $ 657
Trade accounts receivable, less allowance for doubtful accounts of $301 for September 30, 2022, and $60 for December 31, 2021 5,368 3,937
Inventories, net 9,596 6,095
Prepaid expenses and other current assets 979 910
Total current assets 16,453 11,599
Equipment and leasehold improvements, net 6,535 4,712
Operating leases, right of use 11,056 12,075
Other assets, net 6 8
Total assets 34,050 28,394
Current liabilities:    
Line of credit, related party 5,358 1,351
Current portion of finance lease obligations 11 105
Current portion of operating lease obligations 1,182 589
Accounts payable 5,396 3,566
Current portion of deferred revenue 800 783
Accrued expenses 1,347 946
Total current liabilities 14,094 7,340
Long-term portion of finance lease obligations 6
Long-term portion of operating lease obligations 10,740 11,700
Long-term debt, related party 1,000 1,000
Long-term portion of deferred revenue 569 661
Asset retirement obligations 228 222
Total long-term liabilities 12,537 13,589
Contingent liabilities
Shareholders’ equity:    
Preferred stock, $.01 par value, 24,088 shares authorized, and no shares issued and outstanding
Common stock, $.01 par value, 60,000,000 and 55,000,000 shares authorized; 49,216,180 and 48,893,573 shares issued and outstanding on September 30, 2022 and December 31, 2021, respectively 492 489
Additional paid-in capital 105,012 104,423
Accumulated deficit (98,085) (97,447)
Total Shareholders’ equity 7,419 7,465
Total liabilities and shareholders’ equity $ 34,050 $ 28,394