XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 52,000 $ 2,682,000
Trade accounts receivable, less allowances of $26 and $14, respectively 445,000 1,240,000
Inventories, net 5,476,000 7,866,000
Short-term deposits 592,000 712,000
Prepaid and other current assets 232,000 479,000
ERTC Funds, Current 445,000 445,000
Total current assets 7,242,000 13,424,000
Property and equipment, net 76,000 675,000
Operating lease, right-of-use asset 1,180,000 292,000
Total assets 8,498,000 14,391,000
Current liabilities:    
Accounts payable 2,204,000 2,235,000
Accrued liabilities 145,000 265,000
Accrued legal and professional fees 0 104,000
Accrued payroll and related benefits 261,000 718,000
Accrued sales commissions 76,000 57,000
Accrued warranty reserve 183,000 295,000
Deferred revenue 0 268,000
Operating lease liabilities 198,000 325,000
Finance lease liabilities 0 1,000
Promissory notes payable, net of discounts and loan origination fees 2,618,000 1,719,000
Related party promissory notes payable 814,000 0
Credit line borrowings, net of loan origination fees 1,447,000 2,169,000
Total current liabilities 7,946,000 8,156,000
Operating lease liabilities, net of current portion 1,029,000 26,000
Total liabilities 8,975,000 8,182,000
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $0.0001 per share: Authorized: 5,000,000 shares (3,300,000 shares designated as Series A Convertible Preferred Stock) at December 31, 2022 and December 31, 2021. Issued and outstanding: 876,447 shares at December 31, 2022 and December 31, 2021 0 0
Common stock, par value $0.0001 per share: Authorized: 50,000,000 shares at December 31, 2022 and December 31, 2021. Issued and outstanding: 9,848,438 shares at December 31, 2022 and 6,368,549 shares at December 31, 2021 1,000 0
Additional paid-in capital 148,545,000 144,953,000
Accumulated other comprehensive loss (3,000) (3,000)
Accumulated deficit (149,020,000) (138,741,000)
Total stockholders' (deficit) equity (477,000) 6,209,000
Total liabilities and stockholders' (deficit) equity $ 8,498,000 $ 14,391,000