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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 10,347 $ 5,475
Trade receivables, net of allowance of $116 and $131, respectively 3,476 3,297
Contract assets, net of allowance of $85 and $0, respectively 342 318
Inventories 382 679
Equipment financing receivables, net of allowance of $56 and $0, respectively 856 635
Contract costs 1,345 841
Prepaid expenses 508 431
Other current assets 35 674
Total current assets 17,291 12,350
Long-term equipment financing receivables, net of allowance of $115 and $0, respectively 1,768 1,255
Property and equipment, net 670 3,315
Operating lease right-of-use assets 1,009 1,081
Intangible assets, net 23,556 26,725
Goodwill 9,454 9,454
Contract costs, net of current portion 2,273 1,304
Other long-term assets 139 150
Total Assets 56,160 55,634
Current liabilities:    
Accounts payable 769 1,206
Accrued expenses 5,951 4,890
Finance leases 75 95
Notes payable 457 420
Operating lease liabilities 566 363
Income tax payable 53 79
Contract liabilities 2,390 3,338
Total current liabilities 10,261 10,391
Contract liabilities, net of current portion 198 247
Finance leases, net of current portion 23 98
Notes payable, net of current portion 592 2,605
Line of credit 0 82
Operating lease liabilities, net of current portion 473 752
Total liabilities 11,547 14,175
Stockholders' equity:    
Preferred stock, par value $0.001 per share - authorized 5,000,000 shares; none issued 0 0
Common stock, par value $0.001 per share - authorized 50,000,000 shares, 26,130,218 shares issued and outstanding as of December 31, 2023 and 25,670,773 shares issued and outstanding as of December 31, 2022 26 26
Additional paid-in capital 132,888 129,192
Accumulated deficit (88,467) (87,946)
Accumulated other comprehensive income 166 187
Total stockholders' equity 44,613 41,459
Total Liabilities and Stockholders' Equity $ 56,160 $ 55,634