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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net loss $ (8,486,000) $ (5,445,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 105,000 238,000
Provision for estimated cost of returns 1,301,000 1,820,000
Provision for inventory obsolescence 271,000
Credit losses 14,000 7,000
Operating lease impairment expense 3,878,000
Loss from disposal of property and equipment 3,000
Stock based compensation 36,000 138,000
Amortization of right of use assets 20,000 316,000
Change in net deferred tax assets 1,399,000
Changes in operating assets and liabilities:    
Accounts receivable 4,945,000 6,303,000
Due from banks (187,000)
Accounts receivable - related parties (145,000) 87,000
Inventories (38,000) (1,714,000)
Prepaid expenses and other current assets 69,000 (167,000)
Other non-current assets (64,000) (135,000)
Accounts payable (3,940,000) 560,000
Accrued expenses (771,000) (1,939,000)
Customer deposits (572,000)
Refunds due to customers (649,000) 577,000
Reserve for sales returns (1,217,000) (2,604,000)
Operating lease liabilities 291,000 (329,000)
Net cash used in operating activities (5,410,000) (614,000)
Cash flows from investing activities    
Purchase of property and equipment (6,000) (137,000)
Net cash used in investing activities (6,000) (137,000)
Cash flows from financing activities    
Proceeds from sale of stock, net of offering costs 1,640,000
Net payments on revolving lines of credit (1,761,000)
Other (42,000) (33,000)
Net cash used in financing activities (42,000) (154,000)
Net change in cash (5,458,000) (905,000)
Cash at beginning of year 6,703,000 2,795,000
Cash at end of period 1,245,000 1,890,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 40,000 24,000
Equipment purchased under capital lease $ 55,000