• Filing Date: 2021-03-31
  • Form Type: 10-K
  • Description: Annual report
v3.21.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 5,226,000 $ 1,096,000
Accounts receivable, net 3,910,000 4,212,000
Inventory 1,955,000 1,366,000
Assets held for sale - discontinued operations 342,000
Prepaid expenses and other current assets 1,359,000 460,000
Total current assets 12,450,000 7,476,000
Property, plant and equipment, net 4,146,000 4,328,000
Other investments 1,788,000 2,154,000
Investment, equity method 12,234,000
Marketable securities 9,136,000
Notes receivable 537,000 793,000
Non-current assets held for sale - discontinued operations 744,000 1,812,000
Other assets 384,000 50,000
Right-of-use assets 182,000 144,000
Goodwill 26,862,000 2,454,000
Other intangible assets, net 23,456,000 935,000
Total assets 91,919,000 20,146,000
Current liabilities:    
Accounts payable 1,482,000 1,492,000
Accrued expenses and deferred revenue 5,270,000 936,000
Other current liabilities 1,435,000 390,000
Current liabilities held for sale - discontinued operations 240,000 274,000
Revolving line of credit 500,000
Current portion of lease liability 167,000 123,000
Current portion of long-term debt, net 278,000 441,000
Total current liabilities 8,872,000 4,156,000
Long-term debt, net 1,976,000 2,310,000
Long term lease liability 15,000 19,000
Non-current liabilities held for sale - discontinued operations 505,000 807,000
Other long-term liabilities 507,000 507,000
Deferred tax liability, net 3,499,000 44,000
Commitments and contingencies (Note 15)  
Stockholders' equity    
Preferred stock, $.02 par value; 47,000 shares authorized, 43,000 shares issued and outstanding (0 on December 31, 2019); Liquidation value $1,000 per share, $43,000,000 aggregate. 1,000
Common stock, $.02 par value; 200,000,000 shares authorized, 5,836,000 shares issued and outstanding (1,206,000 on December 31, 2019) 116,000 24,000
Additional paid-in capital 174,380,000 115,560,000
Non-controlling interest in subsidiary 3,430,000
Accumulated deficit (101,382,000) (103,281,000)
Total stockholders' equity 76,545,000 12,303,000
Total liabilities and stockholders' equity $ 91,919,000 $ 20,146,000