v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash $ 735 $ 1,533
Accounts receivable, net of allowance of $31 and $77, respectively 3,635 2,162
Inventories, net 3,908 3,538
Prefunded insurance premiums from financing 128 199
Prepaid expenses and other current assets 1,311 948
Total current assets 9,717 8,380
Other assets 22 35
Fixed assets, net of accumulated depreciation of $435 and $422, respectively 95 108
Total assets 9,834 8,523
Current liabilities:    
Accounts payable 5,182 3,404
Accrued expenses 1,851 2,473
Revolving credit facility 1,277 291
Insurance premium financing 128 199
Total current liabilities 8,438 6,367
Total liabilities 8,438 6,367
Shareholders’ equity:    
Common stock, no par value: Authorized — 800,000,000 issued and outstanding shares — 115,865,227 shares and 115,865,227 shares, respectively 94,974 94,883
Accumulated other comprehensive income 223 222
Accumulated deficit (93,801) (92,949)
Total shareholders’ equity 1,396 2,156
Total liabilities and shareholders’ equity $ 9,834 $ 8,523