Quarterly report [Sections 13 or 15(d)]

Condensed Statements of Cash Flow (Unaudited)

v3.25.3
Condensed Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (5,621) $ (1,628)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 51 146
Inventory write-down 1,967
Impairment of right-of-use assets and lease deposits 455
Changes in operating assets and liabilities    
Accounts receivable 1,297 (1,273)
Employee retention credit 2,000
Inventories 34 1,492
Prepaid expenses (16) 284
Income tax receivable 787
Operating lease right-of-use asset 920 874
Accounts payable 1,099 (1,416)
Accrued interest added to notes payable-related party 8
Customer deposits 115 (868)
Accrued expenses and other current liabilities 119 20
Operating lease liability (1,017) (818)
Net cash provided by (used in) operating activities (589) (400)
Cash flows from investing activities:    
Acquisition of property and equipment (18)
Net cash used in investing activities (18)
Cash flows from financing activities:    
Proceeds from advances from credit facility 423
Proceeds from notes payable-related party 240 8
Repayment of advances from credit facility (145)  
Repayment of notes payable (64)
Net cash provided by financing activities 95 367
Increase in cash and cash equivalents (494) (51)
Cash and cash equivalents, beginning of period 498 549
Cash and cash equivalents, end of period 4 498
Supplemental Cash Flow Information:    
Interest paid 606 598
Taxes Paid
Supplemental non-cash investing and financing activities:    
Issuance of common stock to director for accrued fees $ 8