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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 15,035 $ 4,538
Restricted cash 385 278
Investments 1,182 713
Accounts receivable, net of allowances of $1.2 million and $0.8 million, respectively 15,910 15,811
Inventories, net 10,287 8,525
Other current assets 1,977 1,998
Total current assets 44,776 31,863
Property and equipment, net 8,853 8,918
Operating lease right-of-use assets, net 5,346 4,494
Intangible assets, net 14,642 15,072
Goodwill 6,046 6,046
Other assets 1,528 1,659
Total assets 81,191 68,052
Current liabilities:    
Accounts payable 5,196 4,277
Accrued liabilities 3,608 2,445
Accrued compensation 3,192 3,051
Accrued warranty 420 569
Billings in excess of costs and estimated profit 15 312
Deferred revenue 2,975 2,457
Short-term debt 13,334 12,869
Operating lease liabilities 1,422 1,253
Finance lease liabilities 559 588
Total current liabilities 30,721 27,821
Deferred tax liabilities 998 72
Operating lease liabilities, net of current portion 3,996 3,299
Finance lease liabilities, net of current portion 639 706
Other liabilities 386 412
Total liabilities 36,740 32,310
Commitments and contingencies
Stockholders’ Equity:    
Common stock, $0.0001 par value: 30,000,000 shares authorized; 15,029,410 and 5,805,916 shares issued and outstanding (net of treasury shares) at March 31, 2022 and December 31, 2021, respectively 1 0
Treasury stock, at cost; 258,849 shares at March 31, 2022 and December 31, 2021, respectively (5,728) (5,728)
Additional paid-in capital 162,860 150,451
Accumulated deficit (131,670) (127,969)
Total stockholders’ equity 25,463 16,754
Total liabilities, mezzanine equity and stockholders’ equity 81,191 68,052
Series A Preferred Stock    
Stockholders’ Equity:    
Preferred stock 18,988 18,988
Series C Preferred Stock    
Stockholders’ Equity:    
Preferred stock $ 0 $ 0