Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 6,816 $ 434
Marketable debt securities, available for sale 1,639 926
Escrow receivable 4,812
Accounts receivable, net 3,155 2,010
Inventory, net 3,039 1,459
Prepaid expenses and other current assets 1,238 304
Total current assets 15,887 9,945
Property, plant and equipment, net of accumulated depreciation of $5,021 and $6,252, respectively 3,578 2,329
Secured promissory note receivable, net 2,750
Prepaid expenses, net of current portion 2,084  
Right-of-use asset, net 4,731
Intangible asset, net of accumulated amortization of $73 1,234
Goodwill 901
Other assets 240
TOTAL ASSETS 31,405 12,274
Current liabilities    
Accounts payable 3,771 432
Accrued advertising and other allowances 463 92
Lease liabilities 329
Other current liabilities 1,731 409
Total current liabilities 6,294 933
Non-current liabilities:    
Deferred revenue, net of current portion 162 110
Unsecured convertible promissory notes, net 9,991
Lease liabilities, net of current portion 4,402
Total non-current liabilities 14,555 110
Total liabilities 20,849 1,043
COMMITMENTS AND CONTINGENCIES  
Stockholders' equity    
Preferred stock authorized 1,000,000, $.0005 par value, no shares issued
Common stock authorized 50,000,000, $.0005 par value, issued 28,256,275 and 28,225,615 shares, respectively 14 14
Additional paid-in capital 61,674 60,215
Accumulated deficit (3,631) (1,506)
Treasury stock, at cost, 16,652,022 and 16,652,022 shares, respectively (47,490) (47,490)
Accumulated comprehensive loss (11) (2)
Total stockholders' equity 10,556 11,231
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 31,405 $ 12,274