Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flow (Unaudited)

v3.23.2
Condensed Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net loss $ (1,549) $ (1,859)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 226 264
Changes in operating assets and liabilities    
Accounts receivable (1,488) 249
Inventories (2,229) (2,968)
Prepaid expenses 1,579 (380)
Decrease in operating lease right-of-use asset 454 334
Accounts payable 1,199 (193)
Customer deposits (591) 2,588
Accrued expenses and other current liabilities 11 8
Decrease in operating lease liability (416) (354)
Net cash used in operating activities (2,804) (2,311)
Cash flows from investing activities:    
Acquisition of property and equipment (194) (15)
Net cash used in investing activities (194) (15)
Cash flows from financing activities:    
Proceeds from advances from credit facility 3,044
Proceeds from notes payable, related party 160
Repayment of notes payable (125) (119)
Net cash provided by (used in) financing activities 3,079 (119)
Increase (decrease) in cash and cash equivalents 81 (2,445)
Cash and cash equivalents, beginning of period 211 5,101
Cash and cash equivalents, end of period $ 292 $ 2,656