Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Disaggregation of Revenue [Table Text Block]

A reconciliation of contract liabilities with customers for the year ended December 31, 2021, are presented below:

 

   

Balance at

December 31, 2020

(000’s)

   

Consideration Received

(000’s)

   

Recognized in Revenue

(000’s)

   

Balance at

December 31, 2021

(000’s)

 

Product revenue

  $ -     $ 414     $ (414

)

  $ -  

Service revenue

    -       64       (27

)

    37  

Total

  $ -     $ 478     $ (441

)

  $ 37  

 

Deferred Revenue, by Arrangement, Disclosure [Table Text Block]

The table below summarizes our deferred revenue as of December 31, 2021 and 2020:

 

   

December 31,

2021

(000’s)

   

December 31,

2020

(000’s)

 

Deferred revenue-current

  $ 32     $ -  

Deferred revenue-noncurrent

    5       -  

Total deferred revenue

  $ 37     $ -  

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Potentially dilutive securities excluded from the computation of basic and diluted net income (loss) per share are as follows:

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Series C convertible preferred stock

 

 

83,468

 

 

 

47,578

 

Options to purchase common stock

 

 

4,568,484

 

 

 

3,568,497

 

Warrants to purchase common stock

 

 

818,910

 

 

 

1,446,200

 

Restricted stock units to acquire common stock

 

 

141,250

 

 

 

218,334

 

Totals

 

 

5,612,112

 

 

 

5,280,609