Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,098 $ 7,887
Accounts Receivable - net of allowance for doubtful accounts of $1,053 and $1,139 at December 31, 2022 and December 31, 2021, respectively 4,163 8,222
Inventory 10,779 13,343
Prepaid expenses and other current assets 1,522 1,976
Total current assets 17,562 31,428
Property and equipment, net 31,284 32,179
Right of use assets, net 27,362 32,600
Other intangibles, net 42,202 40,756
Other assets 413 416
Total assets 118,823 137,379
Current liabilities:    
Accounts payable 2,307 3,102
Accrued payroll and benefits 350 650
Notes payable, current portion 282 221
Lease obligation, current portion 2,659 2,444
Convertible debentures 21,398 0
Other current liabilities 3,654 3,706
Total current liabilities 30,650 10,123
Notes payable 3 28
Lease obligation 31,340 34,052
Convertible debentures 0 14,012
Mortgage obligation 8,713 8,857
Total liabilities 70,706 67,072
STOCKHOLDERS' EQUITY    
Share capital 191,742 189,368
Accumulated deficit (143,625) (119,061)
Total stockholders' equity 48,117 70,307
Total liabilities and stockholders' equity $ 118,823 $ 137,379