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CONSOLIDATED BALANCE SHEETS (Unaudited Consolidated Condensed) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 1,094 $ 2,186
Trade accounts receivable, less allowance for doubtful accounts of $298 for March 31, 2023, and $139 for December 31, 2022 4,380 4,734
Inventories, net 8,118 8,839
Prepaid expenses and other current assets 933 866
Total current assets 14,525 16,625
Equipment and leasehold improvements, net 8,235 7,949
Operating leases, right of use 8,714 8,978
Other assets, net 4 6
Total assets 31,478 33,558
Current liabilities:    
Line of credit, related party 6,892 7,282
Accounts payable 6,032 6,363
Current portion of long-term debt, related party 1,000
Current portion of deferred revenue 1,807 2,167
Accrued expenses 1,132 1,023
Total current liabilities 16,863 16,835
Long-term portion of operating lease obligations 9,751 9,823
Long-term debt, related party 1,000
Long-term portion of deferred revenue 35 21
Asset retirement obligations 232 230
Total long-term liabilities 10,018 11,074
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 shares authorized; 49,520,571 and 49,320,680 shares issued and outstanding on March 31, 2023 and December 31, 2022, respectively 495 493
Additional paid-in capital 105,534 105,226
Accumulated deficit (101,432) (100,070)
Total Shareholders’ equity 4,597 5,649
Total liabilities and shareholders’ equity $ 31,478 $ 33,558