XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 832,000 $ 1,202,000
Accounts receivable, net of allowance for doubtful accounts of $25 at March 31, 2022 and December 31, 2021. 314,000 383,000
Inventory, net 24,000 25,000
Other current assets 110,000 215,000
Total Current Assets 1,280,000 1,825,000
Property and equipment, net 74,000 79,000
Other assets 149,000 149,000
Operating lease right-of-use assets 808,000 847,000
Goodwill 3,416,000 3,416,000
Total Assets 5,727,000 6,316,000
Current Liabilities:    
Accounts payable 937,000 837,000
Deferred revenue 955,000 1,204,000
Accrued expense 1,555,000 1,518,000
Operating lease liabilities, current portion 495,000 496,000
Derivative liabilities 6,024,000 5,292,000
Note payable, current portion 1,603,000 524,000
Total Current Liabilities 11,569,000 9,871,000
Operating lease liabilities, net of current portion 686,000 802,000
Pension obligation 1,955,000 1,976,000
Total Liabilities 14,210,000 12,649,000
Shareholders’ Deficit:    
Common Stock, $0.01 par value, 2,000,000,000 shares authorized; 347,281,946 and 347,240,045 shares issued at March 31, 2022 (unaudited) and December 31, 2021, respectively, and 347,275,242 and 347,233,341 shares outstanding at March 31, 2022 (unaudited) and December 31, 2021, respectively. 3,471,000 3,471,000
Additional paid-in capital 185,956,000 187,148,000
Treasury stock, at cost 6,704 shares (64,000) (64,000)
Accumulated other comprehensive loss (1,375,000) (1,396,000)
Accumulated deficit (206,951,000) (204,253,000)
Total Shareholders’ Deficit (18,961,000) (15,092,000)
Total Liabilities, Mezzanine Equity and Shareholders’ Deficit 5,727,000 6,316,000
Mezzanine Equity Series D Convertible Redeemable Preferred Stock [Member]    
Current Liabilities:    
Series D Convertible Redeemable Preferred Stock, $0.01 par value, 26,000 shares designated; 24,115 and 23,862 issued at March 31, 2022 (unaudited) and December 31, 2021, respectively, and 23,469 and 23,216 shares outstanding at March 31, 2022 (unaudited) and December 31, 2021, respectively; liquidation preference of $23,469 and $23,216 at March 31, 2022 (unaudited) and December 31, 2021, respectively. 10,478,000 8,759,000
Series B Preferred Stock [Member]    
Shareholders’ Deficit:    
Series B Convertible Redeemable Preferred Stock, $0.01 par value, 750,000 shares designated; 389,400 shares issued and 239,400 shares outstanding at March 31, 2022 (unaudited) and December 31, 2021; liquidation preference $620 and $607 at March 31, 2022 (unaudited) and December 31, 2021, respectively. $ 2,000 $ 2,000