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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 14,519 $ 14,907
Accounts receivable, net 12,130 3,776
Inventories 1,759 4,427
Prepaid and other current assets 2,837 2,061
Total current assets 31,245 25,171
Property and equipment, net 605 1,356
Intangibles 146 338
Deposits 75 69
Operating lease right-of-use assets, net 169 1,076
Total assets 32,240 28,010
Current liabilities    
Accounts payable and accrued expenses 4,058 2,874
Deferred revenue, current portion 1,172 1,492
Operating lease liabilities, current portion 174 303
Product warranties 508 187
Loan Payable 51
Total current liabilities 5,963 4,856
Loan payable   267
Operating lease liabilities   812
Deferred revenue, net of current portion 262 579
Total liabilities 6,225 6,514
Commitments and contingencies
Stockholders’ equity    
Preferred stock, 5,000,000 shares authorized and none issued and outstanding
Common stock, $0.01 par value – 50,000,000 authorized; 16,694,311 issued and 16,617,274 outstanding at December 31, 2021; 16,564,311 issued and 16,491,103 outstanding at December 31, 2020 167 166
Additional paid-in capital 44,115 43,701
Treasury stock, 77,037 and 73,208 shares at cost, at December 31, 2021 and 2020, respectively (325) (310)
Accumulated deficit (17,942) (22,061)
Total stockholders’ equity 26,015 21,496
Total liabilities and stockholders’ equity $ 32,240 $ 28,010