v3.25.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (564) $ (3,051)
Less: Net Income from Discontinued Operations 0 458
Net Loss from Continuing Operations (564) (3,509)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Deferred Income Tax (Benefit) Expense (5) 28
Bad Debt Expense 0 2
Change in Fair Value of Derivative Liability (516) 0
Non-Cash Interest Expense, Net (18) (5)
Depreciation and Amortization 142 85
Amortization of Operating Lease Right-of-Use Asset 46 304
Stock-Based Compensation 39 110
Unrealized Gain on Investments 0 (417)
Change in Operating Assets and Liabilities:    
Accounts Receivable 8 163
Inventory 196 25
Prepaid Expenses & Other Current Assets 510 (165)
Other Assets (51) (1)
Accounts Payable & Accrued Liabilities (105) 1,172
Operating Lease Liabilities (46) (174)
Net Cash Used in Operating Activities - Continuing Operations (364) (2,382)
Net Cash Provided by Operating Activities - Discontinued Operations 0 1,649
NET CASH USED IN OPERATING ACTIVITIES (364) (733)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of Property and Equipment 0 (32)
Proceeds from Notes Receivable 94 0
Issuance of Notes Receivable (500) 0
Proceeds from Sale of Investments 0 1,300
Net Cash (Used in) Provided by Investing Activities - Continuing Operations (406) 1,268
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (406) 1,268
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Issuance of Notes Payable 300 0
Payments of Debt Principal (140) (29)
Net Cash Provided by (Used in) Financing Activities - Continuing Operations 160 (29)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 160 (29)
NET CHANGE IN CASH (610) 506
Cash at Beginning of Period 1,040 416
CASH AT END OF PERIOD 430 922
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:    
Cash Paid for Interest 60 73
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accretion of Mezzanine Equity $ 379 $ 0

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