Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income (Loss) $ (3,051) $ 410
Less: Net Income (Loss) from Discontinued Operations 4 (18)
Net Income (Loss) from Continuing Operations (3,055) 428
Adjustments to Reconcile Net Income (Loss) to Net Cash Used in Operating Activities:    
Deferred Income Tax Benefit 28 0
Bad Debt Expense (Recoveries) 2 (7)
Gain from Settlement of Liabilities 0 (1,507)
Realized Loss on Investments 0 61
Gain on Extinguishment of Debt 0 (3,026)
Non-Cash Interest (Income) Expense, Net (5) 326
Depreciation and Amortization 94 775
Amortization of Operating Lease Right-of-Use Asset 457 491
Stock-Based Compensation 110 455
Unrealized Gain on Investments (417) 0
Change in Operating Assets and Liabilities:    
Accounts Receivable 241 (349)
Inventory 37 (634)
Prepaid Expenses and Other Current Assets (119) 183
Other Assets (1) (64)
Accounts Payable and Accrued Expenses 2,002 832
Operating Lease Liabilities (350) (212)
Net Cash Used in Operating Activities - Continuing Operations (976) (2,248)
Net Cash Provided by Operating Activities - Discontinued Operations 27 36
NET CASH USED IN OPERATING ACTIVITIES (949) (2,212)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of Property and Equipment (9) (153)
Proceeds from Notes Receivable 0 634
Proceeds from Sale of Investments 1,300 149
Net Cash Provided by Investing Activities - Continuing Operations 1,291 630
Net Cash Provided by Investing Activities - Discontinued Operations 0 0
NET CASH PROVIDED BY INVESTING ACTIVITIES 1,291 630
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of Debt Principal (29) (224)
Proceeds from Issuance of Preferred Stock 0 1,970
Net Cash Provided by (Used in) Financing Activities - Continuing Operations (29) 1,746
Net Cash Used in Financing Activities - Discontinued Operations 0 0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (29) 1,746
NET CHANGE IN CASH 313 164
Cash at Beginning of Period 862 1,200
Cash Reclassed to Discontinued Operations 0 0
CASH AT END OF PERIOD 1,175 1,364
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:    
Cash Paid for Interest 490 179
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Reclass of Accrued Interest to Principal $ 0 $ 1,896