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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash $ 1,459 $ 2,030
Accounts receivable, net 5,488 4,228
Employee retention tax credit receivable 323 323
Inventory 460 430
Contract assets 2,369 480
Prepaid expenses and other current assets 183 358
Total current assets 10,282 7,849
Property, plant and equipment, net 2,763 2,968
Intangibles, net 68 72
Right-of-use operating lease assets 5,624 5,856
Right-of-use finance lease assets 60 103
Other assets 213 214
Total assets 19,010 17,062
Current liabilities:    
Accounts payable and accrued expenses 2,764 3,353
Contract liabilities 2,390 1,377
Short-term borrowings 182 0
Current operating lease liabilities 509 480
Current finance lease liabilities 37 74
Total current liabilities 5,882 5,284
Operating lease liability, long-term 5,873 6,136
Finance lease liability, long-term 24 24
Total liabilities 11,779 11,444
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, 24,500,000 shares authorized at $0.001 par value, 15,906,010 issued at June 30, 2024 and December 31, 2023 16 16
Additional paid-in capital 73,725 73,840
Treasury stock, 3,717,808 and 4,017,808 shares at June 30, 2024 and December 31, 2023, respectively, at cost (2,967) (3,135)
Accumulated deficit (63,543) (65,103)
Total stockholders' equity 7,231 5,618
Total liabilities and stockholders' equity $ 19,010 $ 17,062