Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 1,364 $ 1,200
Accounts Receivable 669 313
Inventory 2,558 1,939
Prepaid Expenses & Other Assets 310 498
Notes Receivable 625 625
Total Current Assets 5,526 4,575
Property, Equipment and Leasehold Improvements, Net 12,878 13,000
Intangible Assets, Net 2,296 2,859
Goodwill 3,585 3,585
Other Assets 15,181 16,279
Investments 0 210
TOTAL ASSETS 39,466 40,508
Current Liabilities:    
Accounts Payable 11,957 12,990
Accrued Liabilities 2,089 4,424
Current Lease Liabilities 2,128 1,996
Current Portion of Notes Payable 11,711 29,662
Income Taxes Payable 10,729 10,071
Total Current Liabilities 38,614 59,143
Noncurrent Liabilities:    
Notes Payable, Net of Discounts 21,848 4,814
Lease Liabilities 12,706 13,088
TOTAL LIABILITIES 73,168 77,045
COMMITMENTS AND CONTINGENCIES (Note 18) 0 0
STOCKHOLDERS’ DEFICIT:    
25,000,000 shares authorized, 14,074,431 and nil shares outstanding as of March 31, 2023 and December 31, 2022, respectively 1 0
990,000,000 shares authorized as of March 31, 2023 and December 31, 2022; 691,886,374 and 679,513,556 shares outstanding as of March 31, 2023 and December 31, 2022, respectively 717 701
Treasury Stock: 3,808,412 and 2,308,412 shares of common stock as of March 31, 2023 and December 31, 2022, respectively (810) (808)
Additional Paid-In Capital 406,029 403,619
Accumulated Deficit (439,639) (440,049)
TOTAL STOCKHOLDERS’ DEFICIT (33,702) (36,537)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 39,466 $ 40,508