v3.21.2
Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 7,706 $ 1,646
Accounts receivable 3,520 1,190
Inventories, net 8,598 9,094
Prepaid expenses 4,116 358
Income tax receivable 787 2,357
Total current assets 24,727 14,645
Other assets:    
Operating lease right-of-use assets, net 1,079 1,563
Property and equipment, net 1,091 1,497
Deposits 94 94
Total assets 26,991 17,799
Current liabilities    
Accounts payable 209 311
Customer deposits 962 703
Accrued expenses and other current liabilities 1,252 1,142
Current portion of operating lease liabilities 708 670
Current portion of notes payable 240 267
Current portion of PPP loan payable 1,429
Total current liabilities 3,371 4,522
Notes payable, net of current portion 329 510
Operating lease liabilities, net of current portion 454 990
PPP loan payable, net of current portion 286
Total liabilities 4,154 6,308
Commitments and Contingencies  
Stockholders’ Equity    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value, 50,000,000 shares authorized, 12,805,680 shares issued and 12,788,203 shares outstanding on September 30, 2021 and 11,768,158 shares issued and 11,750,681 shares outstanding on December 31, 2020 1 1
Additional paid-in capital 36,816 23,643
Accumulated deficit (13,940) (12,113)
Treasury Stock, at cost (17,477 shares) (40) (40)
Total stockholders’ equity 22,837 11,491
Total liabilities and stockholders’ equity $ 26,991 $ 17,799

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