XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 8,503 $ 4,538
Restricted cash 846 278
Investments in equity securities 3,180 47
Lumber derivative contracts 0 666
Accounts receivable, net of allowances of $0.9 million and $0.8 million, respectively 13,754 15,811
Inventories, net 13,065 8,525
Other current assets 3,069 1,998
Total current assets 42,417 31,863
Property and equipment, net 8,499 8,918
Operating lease right-of-use assets, net 4,823 4,494
Intangible assets, net 13,782 15,072
Goodwill 6,046 6,046
Other assets 1,408 1,659
Total assets 76,975 68,052
Current liabilities:    
Accounts payable 6,094 4,277
Accrued liabilities 4,307 2,445
Accrued compensation 3,395 3,051
Accrued warranty 247 569
Lumber derivative contracts 635 0
Billings in excess of costs and estimated profit 0 312
Deferred revenue 3,801 2,457
Short-term debt 11,852 12,869
Operating lease liabilities 1,443 1,253
Finance lease liabilities 460 588
Total current liabilities 32,234 27,821
Deferred tax liabilities 298 72
Operating lease liabilities, net of current portion 3,463 3,299
Finance lease liabilities, net of current portion 459 706
Other liabilities 312 412
Total liabilities 36,766 32,310
Commitments and contingencies (Note 9)
Preferred stock, $0.0001 par value: 10,000,000 shares authorized: Series A Preferred Stock, 8,000,000 shares authorized, liquidation preference ($10.00 per share), 1,915,637 shares issued and outstanding at December 31, 2021. (Liquidation preference: $18,988,390 as of December 31, 2021.)   18,988
Stockholders’ Equity:    
Common stock, $0.0001 par value: 30,000,000 shares authorized; 15,138,732 and 5,805,916 shares issued and outstanding (net of treasury shares) at September 30, 2022 and December 31, 2021, respectively 1 0
Treasury stock, at cost; 258,849 shares at September 30, 2022 and December 31, 2021, respectively (5,728) (5,728)
Additional paid-in capital 162,078 150,451
Accumulated deficit (135,130) (127,969)
Total stockholders’ equity 40,209 16,754
Total liabilities, mezzanine equity and stockholders’ equity 76,975 68,052
Series A Preferred Stock    
Stockholders’ Equity:    
Preferred stock, $0.0001 par value 18,988  
Series C Preferred Stock    
Stockholders’ Equity:    
Preferred stock, $0.0001 par value $ 0 $ 0