v3.25.0.1
Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 11,874 $ 8,059
Investments 9,603 10,393
Accounts receivable, net 12,015 16,223
Inventory 3,974 4,782
Prepaid corporate taxes 32 62
Prepaid expenses 617 953
Deposits 1,910 1,717
Total current assets 40,853 43,042
Property and equipment, net 1,715 1,521
OTHER ASSETS:    
Intangible assets - customer lists, net 2,943 3,114
Other assets 23 23
Right of use asset - office leases 1,061 1,336
Total other assets 4,027 4,473
Total assets 46,595 49,036
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 3,875 4,745
Accrued payroll and related 1,211 2,568
Unearned revenue 854 1,116
Rewards program liability 3,350 875
Sales tax payable 227 344
Current portion of contingent earn-out liabilities 224 224
Current portion of installment payment liabilities 398 786
Current portion of lease liability 519 528
Total current liabilities 10,658 11,186
LONG-TERM LIABILITIES:    
Long-term contingent earn-out liabilities 763 763
Long-term installment payment liabilities 339 639
Long-term lease liability 550 798
Total long-term liabilities 1,652 2,200
Total liabilities 12,310 13,386
Commitments and contingencies (Note K)
STOCKHOLDER’S EQUITY:    
Preferred stock, $0.0001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively
Common stock, $0.0001 par value; 300,000,000 shares authorized, 18,589,086 and 18,539,000 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 2 2
Additional paid-in capital 38,433 38,263
Accumulated deficit (4,118) (2,602)
Accumulated other comprehensive loss (32) (13)
Total stockholders’ equity 34,285 35,650
Total liabilities and stockholders’ equity 46,595 49,036
Related Parties    
CURRENT ASSETS:    
Accounts receivable - related parties $ 828 $ 853

Source

PDF HTML
10-Q Filing
ZIP XLS HTML
XBRL