Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 588 $ 1,200
Accounts Receivable 862 313
Inventory 2,952 1,939
Prepaid Expenses & Other Assets 691 498
Notes Receivable 625 625
Total Current Assets 5,718 4,575
Property, Equipment and Leasehold Improvements, Net 12,577 13,000
Intangible Assets, Net 1,734 2,859
Goodwill 3,585 3,585
Other Assets 14,646 16,279
Investments 0 210
TOTAL ASSETS 38,260 40,508
Current Liabilities:    
Accounts Payable 10,425 12,990
Accrued Liabilities 5,608 4,424
Current Lease Liabilities 2,133 1,996
Current Portion of Notes Payable 25,879 29,662
Income Taxes Payable 8,771 10,071
Total Current Liabilities 52,816 59,143
Noncurrent Liabilities:    
Notes Payable, Net of Discounts 6,642 4,814
Lease Liabilities 12,304 13,088
TOTAL LIABILITIES 71,762 77,045
COMMITMENTS AND CONTINGENCIES (Note 18) 0 0
STOCKHOLDERS’ DEFICIT:    
25,000,000 shares authorized; 14,071,431 and nil shares outstanding as of June 30, 2023 and December 31, 2022, respectively 1 0
990,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 772,483,465 and 679,513,554 shares outstanding as of June 30, 2023 and December 31, 2022, respectively 797 701
Treasury Stock: nil and 2,308,420 shares of common stock as of June 30, 2023 and December 31, 2022, respectively 0 (808)
Additional Paid-In Capital 406,781 403,619
Accumulated Deficit (441,081) (440,049)
TOTAL STOCKHOLDERS’ DEFICIT (33,502) (36,537)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 38,260 $ 40,508