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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 316 $ 781
Accounts receivable, net 3,585 3,550
Prepaid expenses and other current assets 600 926
Total Current Assets 4,501 5,257
Property and equipment, net 40 65
Intangible assets, net 4,510 6,069
Goodwill 19,645 19,645
Operating lease right-of-use asset 367 0
Other assets 137 528
Total Assets 29,200 31,564
Current Liabilities    
Accounts payable and accrued expenses 10,317 10,967
Other liabilities 1,838 1,598
Deferred revenue 737 1,162
PPP Loan and other loans 0 1,387
Total Current Liabilities 17,851 23,070
Operating lease liability 319 0
Total Liabilities 43,271 38,288
Stockholders’ Deficit    
Common stock, par value $0.01, 324,000,000 shares authorized, 150,444,636 and 149,810,383 issued and 149,619,461 and 148,985,208 outstanding at December 31, 2022 and December 31, 2021, respectively 1,504 1,498
Treasury stock, at cost; 825,175 shares at December 31, 2022 and December 31, 2021, respectively (220) (220)
Additional paid-in-capital 98,797 98,129
Accumulated deficit (114,269) (106,144)
Accumulated other comprehensive income 117 12
Total stockholders’ deficit (14,071) (6,724)
Total liabilities and stockholders’ deficit 29,200 31,564
10% Convertible Promissory Notes    
Current Liabilities    
Interest payable, related party 31 23
Notes payable, related party, current 68 0
Notes payable, related party, noncurrent 0 54
Centre Lane Senior Secured Credit Facility    
Current Liabilities    
Interest payable, related party 0 617
Notes payable, related party, current 4,860 7,316
Notes payable, related party, noncurrent 25,101 15,164
Series A-1 Preferred Stock    
Stockholders’ Deficit    
Preferred stock, issued 0 0
Series B-1 Preferred Stock    
Stockholders’ Deficit    
Preferred stock, issued 0 0
Series E Preferred Stock    
Stockholders’ Deficit    
Preferred stock, issued 0 1
Series F Preferred Stock    
Stockholders’ Deficit    
Preferred stock, issued $ 0 $ 0