Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,311 $ 1,098
Accounts Receivable - net of allowance for doubtful accounts of $1,053 and $1,139 at December 31, 2022 and December 31, 2021, respectively 2,620 4,163
Inventory 4,760 10,779
Prepaid expenses and other current assets 2,397 1,522
Total current assets 12,088 17,562
Property and equipment, net 4,099 31,284
Right of use assets, net 18,327 27,362
Other intangibles, net 2,544 42,202
Other assets 555 413
Total assets 37,613 118,823
Current liabilities:    
Accounts payable 4,314 2,307
Accrued payroll and benefits 363 350
Notes payable, current portion 3 282
Lease obligation, current portion 1,990 2,659
Convertible debentures 0 21,398
Other current liabilities 1,943 3,654
Total current liabilities 8,613 30,650
Notes payable 0 3
Lease obligation 17,522 31,340
Convertible debentures 0 0
Mortgage obligation 0 8,713
Total liabilities 26,135 70,706
STOCKHOLDERS' EQUITY    
Share capital 192,445 191,742
Accumulated deficit (180,967) (143,625)
Total stockholders' equity 11,478 48,117
Total liabilities and stockholders' equity $ 37,613 $ 118,823