Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 3,293 $ 4,455
Accounts receivable, net 4,325 4,354
Inventories, net 3,825 6,611
Prepaid expenses and other current assets 771 812
Total Current Assets 12,214 16,232
Fixed assets, net 179 230
Right-of-use assets, operating leases 92 120
Goodwill 405
Other assets 195 155
Total Assets 13,085 16,737
Current Liabilities    
Accounts payable 6,108 6,928
Accrued and other liabilities 1,361 2,085
Credit facility, net 1,582 1,741
Term loan, net 2,881
Operating lease liability 59 57
Total Current Liabilities 9,110 13,692
Non-current Liabilities    
Operating lease liability 37 67
Total Non-current Liabilities 37 67
Total Liabilities 9,147 13,759
Stockholders’ Equity    
Common Stock, $0.001 par value, 200,000,000 shares authorized, 916,329 & 729,026 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 1 1
Additional paid-in capital 325,455 324,319
Accumulated deficit (321,518) (321,342)
Total Stockholders’ Equity 3,938 2,978
Total Liabilities and Stockholders’ Equity $ 13,085 $ 16,737