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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,041 $ 2,789
Restricted cash, current 378 1,052
Contract receivables, net of allowance for credit loss 10,697 10,064
Prepaid expenses and other current assets 569 2,165
Total current assets 13,685 16,070
Equipment, software and leasehold improvements, net 648 772
Software development costs, net 698 574
Goodwill 5,362 6,299
Intangible assets, net 1,287 1,687
Restricted cash - long term 1,081 535
Operating lease right-of-use assets, net 518 506
Other assets 42 53
Total assets 23,321 26,496
Current liabilities:    
Current portion of long-term note 1,445 3,038
Accounts payable 2,346 1,262
Accrued expenses 1,832 2,084
Accrued compensation 1,790 1,071
Billings in excess of revenue earned 4,215 4,163
Accrued warranty 265 370
Income taxes payable 1,629 1,774
Derivative liabilities 1,538 603
Other current liabilities 987 1,286
Total current liabilities 16,047 15,651
Long-term note, less current portion 942 310
Operating lease liabilities noncurrent 315 160
Other noncurrent liabilities 168 144
Total liabilities 17,472 16,265
Commitments and contingencies (Note 16)
Stockholders' equity:    
Preferred stock $0.01 par value; 2,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock $0.01 par value; 60,000,000 shares authorized, 2,648,085 and 2,404,681 shares issued, 2,488,194 and 2,244,790 shares outstanding, respectively 26 24
Additional paid-in capital 85,196 83,127
Accumulated deficit (76,455) (69,927)
Accumulated other comprehensive income 81 6
Treasury stock at cost, 159,891 shares (2,999) (2,999)
Total stockholders' equity 5,849 10,231
Total liabilities and stockholders' equity $ 23,321 $ 26,496