XML 15 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 4,626,000 $ 10,258,000
Accounts receivable 688,000 531,000
Prepaid expenses and other current assets 1,573,000 977,000
Deposits on equipment 10,668,000 10,188,000
Current assets associated with discontinued operations 3,028,000
Total Current Assets 17,555,000 24,982,000
Other assets 1,065,000 1,121,000
Equity investment 750,000 750,000
Property, plant and equipment, net 87,048,000 44,597,000
Intangible assets, net 41,178,000 45,839,000
Operating lease right-of-use assets 323,000 405,000
Total Assets 147,919,000 117,694,000
Current Liabilities:    
Accounts payable 4,840,000 2,958,000
Accrued liabilities 2,923,000 2,859,000
Line of credit 1,000,000 1,000,000
Notes payable 10,450,000 7,121,000
Current portion of debt 7,526,000
Deferred revenue 307,000 316,000
Operating lease liability 196,000 184,000
Income taxes payable 2,000 2,000
Current liabilities associated with discontinued operations 1,243,000
Total Current Liabilities 27,244,000 15,683,000
Other liabilities 509,000 509,000
Long term debt 3,982,000
Operating lease liability 142,000 237,000
Deferred tax liability, net 9,476,000 10,277,000
Total Liabilities 41,353,000 26,706,000
Stockholders’ Equity:    
Common stock, par value $0.001 per share, authorized 75,000,000; 15,122,661 shares issued and 14,104,145 shares issued and outstanding as of June 30, 2022 and 14,769,699 shares issued and 13,754,206 shares issued and outstanding as of December 31, 2021 15,000 15,000
Additional paid-in capital 258,863,000 227,790,000
Accumulated deficit (138,517,000) (123,054,000)
Common stock in treasury, at cost, 1,018,516 shares at June 30, 2022 and 1,015,493 shares at December 31, 2021 (13,798,000) (13,764,000)
Total Stockholders’ Equity 106,566,000 90,988,000
Total Liabilities and Stockholders’ Equity 147,919,000 117,694,000
Series A Preferred Stock [Member]    
Stockholders’ Equity:    
Preferred stock, value $ 3,000 $ 1,000