Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flow (Unaudited)

v3.24.3
Condensed Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (1,628) $ (3,393)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 146 309
Changes in operating assets and liabilities    
Accounts receivable (1,273) 648
Employee retention credit 2,000
Inventories 1,492 (3,695)
Prepaid expenses 284 1,687
Deposits (15)
Income tax receivable 787
Operating lease right-of-use asset 874 (2,863)
Accounts payable (1,416) 1,758
Customer deposits (868) (406)
Accrued expenses and other current liabilities 20 (53)
Operating lease liability (818) 2,939
Net cash used in operating activities (400) (3,084)
Cash flows from investing activities:    
Acquisition of property and equipment (18) (194)
Net cash used in investing activities (18) (194)
Cash flows from financing activities:    
Proceeds from advances from credit facility 423 3,310
Proceeds from notes payable, related party 8 233
Repayment of notes payable (64) (180)
Net cash provided by financing activities 367 3,363
Increase (decrease) in cash and cash equivalents (51) 85
Cash and cash equivalents, beginning of period 549 211
Cash and cash equivalents, end of period $ 498 $ 296