Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 505 $ 905
Accounts receivable, net 12,887 15,143
Other current assets 401 340
Due from MSAs 4,797 5,006
Total current assets 18,590 21,394
Equity method investments 273 310
Fixed assets 66 76
Operating lease right of use asset, net 617 672
Finance lease right of use asset, net 305 382
Intangibles, net 293 390
Goodwill 1,025 1,025
Total assets 21,169 24,249
Current liabilities    
Accounts payable and accrued liabilities 3,615 2,919
Current portion of debt 2,620 965
Current portion of lease liability 524 550
Current portion of acquisition liability 306 306
Other current liabilities 136 231
Total current liabilities 7,201 4,971
Lease liability, net of current portion 826 964
Debt, net of current portion 10,429 11,874
Acquisition liability 102 179
Deferred tax liability, net 1,170 796
Total liabilities 19,728 18,784
Commitments and contingencies (Note 8)
SHAREHOLDERS' EQUITY    
Common stock: $0.001 par value; 9,000,000 shares authorized; 1,101,098 and 1,051,098 shares issued and outstanding, as of March 31, 2023 and December 31, 2022, respectively 22 21
Additional paid-in capital 50,289 50,000
Accumulated deficit (48,870) (44,556)
Total shareholders' equity 1,441 5,465
Total liabilities and shareholders' equity $ 21,169 $ 24,249