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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 16,495 $ 18,243
Restricted cash 352 144
Trade accounts receivable, net of allowance for credit losses and doubtful accounts of $510 and $552, respectively 8,600 7,154
Inventories 16,461 17,945
Prepaid and other current assets 424 844
Total current assets 42,332 44,330
Property and equipment, net 5,529 5,212
Right-of-use asset, net 1,033 1,258
Goodwill 3,205 3,205
Intangible assets, net 372 400
Other assets 242 287
Total Assets 52,713 54,692
Current Liabilities:    
Accounts payable 3,043 2,615
Accrued liabilities 4,538 4,349
Current portion of lease liability 479 462
Current portion of finance lease obligations 60 31
Line of credit 3,736 3,620
Total current liabilities 11,856 11,077
Long-term Liabilities:    
Lease liability, less current portion 598 842
Finance lease obligation, less current portion 213 103
Long-term debt, plus premium and less issuance costs 11,902 11,787
Total Liabilities 24,569 23,809
Commitments and Contingencies (note 11)
Stockholders’ Equity:    
Preferred stock, $0.000001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.000001 par value; 300,000,000 shares authorized; 87,313,701 shares issued and outstanding as of June 30, 2022 and 87,068,980 shares issued and outstanding as of December 31, 2021
Additional paid-in capital 267,252 266,068
Accumulated deficit (239,108) (235,185)
Total Stockholders’ Equity 28,144 30,883
Total Liabilities & Stockholders’ Equity $ 52,713 $ 54,692