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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 502 $ 1,899
Accounts receivable, net 2,589 1,598
Inventory, net 12,073 10,544
Prepaid expenses 5,957 7,202
Other current assets 397 342
Total current assets 21,518 21,585
Property and equipment, net 2,523 9,488
Operating lease right-of-use assets 13,398 3,717
Finance lease right-of-use-assets 184 190
Intangible assets, net 15,076 15,460
Goodwill 37,991 37,991
Other assets – long term 1,099 98
Total assets 91,789 88,529
Current liabilities:    
Accounts payable 2,790 3,739
Accrued interest 203 288
Accrued liabilities 981 1,037
Accrued liabilities – related party 86
Accrued payroll 1,069 927
Contract liabilities, current 4,512 3,816
Accrued warranty liability - current 473 473
Operating lease liabilities - current 1,729 1,102
Finance lease liabilities - current 65 61
Related party note deposit 100  
Current portion of long-term debt; net of unamortized discounts and debt issuance costs 1,101 13,577
Total current liabilities 13,023 25,106
Debt – long term 16,811 12,273
Contract liabilities – long term 108 108
Operating lease liabilities – long term 11,855 2,771
Finance lease liabilities – long term 112 120
Total liabilities 41,909 40,378
Commitments and contingencies (Note 15)
Stockholders’ Equity    
Preferred stock, $0.0001 par value, 100,000,000 shares authorized Series A Cumulative Redeemable Perpetual Preferred Stock, 690,000 shares designated, 320,000 shares issued and outstanding as of March 31, 2022 and December 2021
Common stock, $0.0001 par value, 300,000,000 shares authorized; 83,770,939 and 81,985,140 shares issued and 83,737,605 and 81,951,806 shares outstanding as of March 31, 2022 and December 2021, respectively 8 8
Additional paid-in capital 267,606 266,013
Treasury stock, at cost, 33,334 shares as of March 31, 2022 and December 2021 (50) (50)
Accumulated deficit (217,707) (217,843)
Accumulated other comprehensive income 23 23
Total Stockholders’ Equity 49,880 48,151
Total Liabilities and Stockholders’ Equity $ 91,789 $ 88,529