Intrusion (INTZ) 10-Q 15 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	May 10, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	0-20191
Entity Registrant Name	INTRUSION INC.
Entity Central Index Key	0000736012
Entity Tax Identification Number	75-1911917
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	101 East Park Blvd
Entity Address, Address Line Two	Suite 1200
Entity Address, City or Town	Plano
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75074
City Area Code	972
Local Phone Number	234-6400
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	INTZ
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		4,904,195

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 122	$ 139
Accounts receivable, net	256	364
Prepaid expenses and other assets	385	635
Total current assets	763	1,138
Property and Equipment:
Equipment	1,972	2,069
Capitalized software development	3,131	2,791
Leasehold improvements	15	15
Property and equipment	5,118	4,875
Accumulated depreciation and amortization	(2,105)	(1,955)
Property and equipment, net	3,013	2,920
Finance leases, right-of-use assets, net	216	382
Operating leases, right-of-use assets, net	1,569	1,637
Other assets	171	171
Total noncurrent assets	4,969	5,110
TOTAL ASSETS	5,732	6,248
Current Liabilities:
Accounts payable, trade	1,893	2,215
Accrued expenses	356	222
Finance leases liabilities, current portion	284	384
Operating leases liabilities, current portion	247	178
Notes payable	1,724	10,823
Deferred revenue	915	439
Total current liabilities	5,419	14,261
Noncurrent Liabilities:
Finance leases liabilities, noncurrent portion	2	3
Operating leases liability, noncurrent portion	1,480	1,539
Total noncurrent liabilities	1,482	1,542
Commitments and Contingencies – (See Note 5)
Stockholders’ Deficit:
Series A preferred stock $0.01 par value: Authorized shares – 20 issued and outstanding shares – 9 in 2024 and 0 in 2023	9,275	0
Common stock $0.01 par value: Authorized shares – 80,000; issued shares – 1,958 in 2024 and 1,791 in 2023; outstanding shares – 1,957 in 2024 and 1,790 in 2023	19	18
Common stock held in treasury, at cost – 1 share	(362)	(362)
Additional paid-in capital	101,875	101,049
Accumulated deficit	(111,933)	(110,217)
Accumulated other comprehensive loss	(43)	(43)
Total stockholders’ deficit	(1,169)	(9,555)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$ 5,732	$ 6,248

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Thousands	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	20	20
Preferred stock, shares issued	9	0
Preferred stock, shares issued	9
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	80,000	80,000
Common stock, shares issued	1,958	1,791
Common stock, shares outstanding	1,957	1,790
Common stock held in treasury shares	1	1

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 1,131	$ 1,309
Cost of revenue	226	313
Gross profit	905	996
Operating expenses:
Sales and marketing	1,177	1,738
Research and development	1,019	1,796
General and administrative	1,181	1,506
Operating loss	(2,472)	(4,044)
Interest expense	(228)	(285)
Interest accretion and amortization of debt issuance costs, net	990	(446)
Other (expense) income, net	(6)	41
Net loss	$ (1,716)	$ (4,734)
Net loss per share:
Basic	$ (0.94)	$ (4.49)
Diluted	$ (0.94)	$ (4.49)
Weighted average common shares outstanding:
Basic	1,865	1,054
Diluted	1,865	1,054

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($) shares in Thousands, $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Treasury Stock, Common [Member]	AOCI Attributable to Parent [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 0	$ 11	$ (362)	$ (43)	$ 92,505	$ (96,326)	$ (4,215)
Beginning balance, shares at Dec. 31, 2022	0	1,060	1
Stock-based compensation expense					94		94
Exercise of stock options					7		7
Exercise of stock options, shares		3
Public stock offering, net of fees					21		21
Tax withholdings related to stock-based compensation awards					(5)		(5)
Net loss						(4,734)	(4,734)
Ending balance, value at Mar. 31, 2023	$ 0	$ 11	$ (362)	(43)	92,622	(101,060)	(8,832)
Ending balance, shares at Mar. 31, 2023	0	1,063	1
Beginning balance, value at Dec. 31, 2023	$ 0	$ 18	$ (362)	(43)	101,049	(110,217)	(9,555)
Beginning balance, shares at Dec. 31, 2023	0	1,791	1
Stock-based compensation expense					142		142
Issuance of preferred stock to reduce note payable	$ 9,275						9,275
Issuance of preferred stock to reduce note payable, shares	9,275
Public stock offering, net of fees		$ 1			484		485
Public stock offering, net of fees, shares		115
Issuance of common stock to reduce note payable					200		200
Issuance of common stock to reduce note payable, shares		52
Net loss						(1,716)	(1,716)
Ending balance, value at Mar. 31, 2024	$ 9,275	$ 19	$ (362)	$ (43)	$ 101,875	$ (111,933)	$ (1,169)
Ending balance, shares at Mar. 31, 2024	9,275	1,958	1

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Activities:
Net loss	$ (1,716)	$ (4,734)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	438	397
Stock-based compensation	142	94
Noncash lease costs	83	77
Note 1 and 2 interest accretion up to the redemption common stock settlement amount and debt issuance costs	(990)	446
Other amortization of debt issuance costs	64	0
Other noncash interest	162	177
Changes in operating assets and liabilities:
Accounts receivable	108	60
Prepaid expenses and other assets	250	1,507
Accounts payable and accrued expenses	(126)	39
Operating lease liability	(5)	(86)
Deferred revenue	476	(289)
Net cash used in operating activities	(1,114)	(2,312)
Investing Activities:
Purchases of property and equipment	(64)	(4)
Capitalized software development	(363)	(297)
Net cash used in investing activities	(427)	(301)
Financing Activities:
Proceeds from notes payable	1,340	0
Principal payments on notes payable	(200)	0
Proceeds from public stock offering net of fees	485	21
Proceeds from stock options exercised	0	7
Tax withholdings related to stock-based compensation awards	0	(5)
Reduction of finance lease liability	(101)	(14)
Net cash provided by financing activities	1,524	9
Net decrease in cash and cash equivalents	(17)	(2,604)
Cash and cash equivalents at beginning of period	139	3,015
Cash and cash equivalents at end of period	122	411
SUPPLEMENTAL DISCLOSURE OF CASH FLOW ACTIVITIES:
Cash paid for interest	3	109
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Capitalized asset and capitalized software included in accounts payable	62	277
Common stock issued to reduce notes payable	200	0
Preferred stock issued to reduce notes payable	$ 9,275	$ 0

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure [Table]
Net Income (Loss)	$ (1,716)	$ (4,734)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024
Trading Arrangements, by Individual [Table]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Description of Business

Description of Business	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Description of Business	1. Description of Business Intrusion Inc. (together with its condensed consolidated subsidiaries, the “Company”, “Intrusion”, “Intrusion Inc.”, “we”, “us”, “our”, or similar terms) was organized in Texas in September 1983 and reincorporated in Delaware in October 1995. Our principal executive offices are located at 101 East Park Boulevard, Suite 1200, Plano, Texas 75074, and our telephone number is (972) 234-6400. Our website URL is www.intrusion.com. The Company develops, sells, and supports products that protect any-sized company or government organization by fusing advanced threat intelligence with real-time mitigation to kill cyberattacks as they occur – including Zero-Days. The Company markets and distributes the Company’s solutions through value-added resellers, managed service providers and a direct sales force. The Company’s end-user customers include United States (“U.S.”) federal government entities, state and local government entities, and companies ranging in size from mid-market to large enterprises. TraceCop (“TraceCop™”) Savant “Savant™ INTRUSION Shield

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	2. Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with Generally Accepted Accounting Principles in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Item 10-01 of Regulation S-X. Accordingly, they do not include all the information and disclosures required by GAAP for complete financial statements. All adjustments that, in the opinion of management, are necessary for a fair presentation of the results of operations for the interim periods have been made and are of a recurring nature unless otherwise disclosed herein. The results of operations for such interim periods are not necessarily indicative of the results of operations for a full year. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 1, 2024. All significant intercompany balances and transactions have been eliminated in consolidation. The Company calculates the fair value of its assets and liabilities which qualify as financial instruments and includes this additional information in the notes to condensed consolidated financial statements when the fair value is different from the carrying value of these financial instruments. The estimated fair value of accounts receivable, accounts payable and accrued expenses approximate their carrying amounts due to the relatively short maturity of these instruments. Notes payable and financing and operating leases approximate fair value as they bear market rates of interest. None of these instruments are held for trading purposes. Going Concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As of March 31, 2024, the Company had cash and cash equivalents of $ 0.1 4.7 1.3 0.5 5.7 2.6 2.5 0.6 2.4 million The audit opinion that accompanied the Company’s financial statements as of and for the year ended December 31, 2023, was qualified in that the Company’s auditors expressed substantial doubt about the Company’s ability to continue as a going concern. Reverse Stock Split The Company effected a reverse stock split of 1-for-20

Right-of-use Asset and Leasing

Right-of-use Asset and Leasing Liabilities	3 Months Ended
	Mar. 31, 2024
Right-of-use Asset And Leasing Liabilities
Right-of-use Asset and Leasing Liabilities	3. Right-of-use Asset and Leasing Liabilities The Company has operating and finance leases where it records the right-of-use assets and a related lease liability as required under the Financial Accounting Standard Board’s (“FASB”) Accounting Standards Codification (“ASC”) 842. The lease liabilities are determined by the net present value of total lease payments and amortized over the life of the lease. The Company’s leases are for the following types of assets: · Computer hardware and copy machines- The Company’s finance lease right-of-use assets consist of computer hardware and copy machines. These leases have a three-year life and are near completion. · Office space - The Company’s operating lease right-of-use assets include its rental agreements for its offices in Plano, TX, and a data service center in Allen, TX. The Plano offices operating lease expired on September 30, 2023. In October 2023, the Company signed a new lease with a term of eleven years and one month and commences upon completion of tenant improvements. The data service center operating lease liability has a life of one year and six months as of March 31, 2024. In accordance with ASC 842, the Company has elected practical expedients to combine lease and non-lease components, which consist principally of common area maintenance charges, for all classes of underlying assets and to exclude leases with an initial term of 12 months or less. As the implicit rate is not readily determinable for the Company's lease agreements, the Company uses an estimated incremental borrowing rate to determine the initial present value of lease payments. This discount rate for the leases approximates the federal reserve’s prime rate. For the three months ended March 21, 2024, and 2023, the Company had $ 5 86 0.1 14 Schedule of Items Appearing on the Unaudited Condensed Consolidated Statements of Operations (in thousands): Schedule of lease cost Three Months Ended March 31, 2024 March 31, 2023 Operating expense: Amortization Expense – Finance ROU $ 166 $ 166 Lease expense – Operating ROU $ 83 $ 77 Other expense: Interest Expense – Finance ROU $ – $ 6 Future minimum lease obligations consisted of the following as of March 31, 2024 (in thousands): Schedule of future minimum lease obligations Operating Finance Year ending December 31, ROU Leases ROU Leases Total Remaining 2024 $ 286 $ 283 $ 569 2025 256 3 259 2026 196 – 196 2027 165 – 165 2028 223 – 223 Thereafter 1,517 – 1,517 $ 2,643 $ 286 $ 2,929 Less Interest* (916 ) – $ 1,727 $ 286 * Interest is imputed for operating ROU leases and classified as lease expense and is included in operating expenses in the accompanying unaudited condensed consolidated statements of operations.

Notes Payable

Notes Payable	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Notes Payable	4. Notes Payable Security Purchase Agreement On March 10, 2022, Intrusion Inc. entered into an unsecured loan agreement (“SPA”) with Streeterville Capital, LLC (“Streeterville”) whereby the Company issued two separate promissory notes of $ 5.4 4.6 4.7 0.4 In March 2024, the Company entered into an agreement with Streeterville to exchange $ 0.2 52.2 9.3 9.3 thousand For the three months ended March 31, 2023 the Company recorded $0.4 million of interest expense, respectively in the condensed consolidated statement of operations associated with interest accretion and amortization of debt issue costs. As a result of exchanging $9.5 million principal in aggregate for equity, the Company reversed the interest accretion associated with the ability to stock-settle principal redemptions and wrote off the balance of unamortized debt issuance costs of $1.0 million for the three months ended March 31, 2024. Simple interest of $ 0.2 million Scott Notes Payable During the period ended March 2024, the Company entered into two separate note purchase agreements with the Company’s Chief Executive Officer, Anthony Scott. On January 2, 2024, Scott purchased a note payable in the principal amount of $ 1.1 1.0 weekly 40 June 15, 2024 7 0.2 On March 20, 2024, Scott purchased a second note payable in the principal amount of $ 343 340 nd On March 31, 2024, the balance outstanding under both notes was $ 1.2 16 65 thousand On April 19, 2024, Scott entered into a private placement subscription agreement to convert the aggregate outstanding balance of $ 1.1

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	5. Commitments and Contingencies The Company is periodically involved in various litigation claims asserted in the normal course of its business. The Company believes these actions are routine and incidental to the business. While the outcome of these actions cannot be predicted with certainty, the Company does not believe that any will have a material adverse impact on the Company’s business. Stockholder Derivative Claim On June 3, 2022, a verified stockholder derivative complaint was filed in U.S. District Court, District of Delaware (the “Court”) by the Plaintiff Stockholder on behalf of Intrusion against certain of the Company’s Defendants. Plaintiff alleges that Defendants through various actions breached their fiduciary duties, wasted corporate assets, and unjustly enriched Defendants by (a) incurring costs and expenses in connection with the ongoing SEC investigation, (b) incurring costs and expenses to defend the Company with respect to the consolidated class action, (c) settling class-wide liability with respect to the consolidated class action, as well as ancillary claims regarding sales of the Company’s common stock by certain of the Defendants. On September 28, 2023, the Company agreed to settle the claim. On October 2, 2023, public notice of the settlement was given. The settlement agreement provides in part for (i) an amendment to the Company’s Bylaws, committee Charters, and other applicable corporate policies to implement certain measures set forth more fully therein, to remain in effect for no less than three years; (ii) attorneys’ fees and expenses to plaintiff’s counsel of $ 0.3 In addition to these legal proceedings, the Company is subject to various other claims that may arise in the ordinary course of business. The Company does not believe that any claims exist where the outcome of such matters would have a material adverse effect on the Company’s condensed consolidated financial position, operating results, or cash flows. However, there can be no assurance such legal proceedings will not have a material impact on the Company’s future results.

Stockholder_s Equity

Stockholder’s Equity	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Stockholder’s Equity	6. Stockholder’s Equity Series A Preferred Stock On March 15, 2024, the Company filed a certificate of designation of preferences and rights (the “Certificate of Designation”) of Series A Preferred Stock (the “Series A Stock”), with the Secretary of State of Delaware, designating 20,000 0.01 Each share of Series A Stock shall accrue a rate of return on the Stated Value at the rate of 10% per year, compounded annually from the date of issuance and payable quarterly in cash or the issuance of additional shares of Series A Stock. Commencing on the one-year anniversary of the issuance date of each share of Series A Stock to the two-year anniversary, each share of Series A Stock shall accrue an automatic quarterly dividend, calculated on the Stated Value at a rate of 2.5% per quarter. For all periods following the two-year anniversary of the issuance date of each share of Series A Stock, the quarterly dividend shall be 5%. The quarterly dividend shall be payable quarterly in cash or the issuance of additional shares of Series A Stock. In the event the Company is unable to pay the Quarterly Dividend of Preferred Return in cash and no remaining shares of Series A Stock are available for issuance, the Quarterly Dividend and Preferred Return will continue to accrue until such time the Company can make payment. The Company classified the Series A Preferred Stock as equity as all events that could trigger redemption are fully within the Company’s control. On March 15, 2024, the Company entered into an Exchange Agreement with Streeterville Capital that exchanged $ 9.3 million 9,275 ATM Offering B. Riley Securities, Inc. acts as sales agent for the Company’s ATM program, which allows the Company to potentially sell up to $50.0 million of the Company’s common stock using a shelf registration statement on Form S-3 filed on August 5, 2021. On March 31, 2023, the date the Company filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2022, the Company became subject to the offering limits in General Instruction I.B.6 of Form S-3. As a result, the Company filed a prospectus supplement to the prospectus relating to the registration of offerings under the program that reduced the amount the Company may sell to aggregate proceeds of up to $15 million. For the period ended March 31, 2024, the Company received proceeds of approximately $0.5 million net of fees from the sale of common stock pursuant to the program. As of March 31, 2024, the Company has received proceeds of approximately $ 12.7 613 Common Stock Warrants On March 31, 2024, the Company had 60,641 435,926

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	7. Revenue Recognition The Company recognizes product revenue upon shipment or after meeting certain performance obligations. These products can include hardware, software subscriptions and consulting services. The Company also offers software on a subscription basis subject to software as a service (“SaaS”). Warranty costs have not been material. The Company recognizes sales of the Company’s datasets in accordance with FASB ASC Topic 606 whereby revenue from contracts with customers are recognized once the criteria under the five steps below have been met: i) identification of the contract with a customer; ii) identification of the performance obligations in the contract; iii) determination of the transaction price; iv) allocation of the transaction price to the separate performance obligations; and v) recognize revenue upon satisfaction of a performance obligation. Consulting services include reporting and are typically done monthly, and revenue is matched accordingly. Product sales may include maintenance and customer support allocated revenue in an arrangement using estimated selling prices of the delivered goods and services based on a selling price hierarchy using the relative selling price method. All product offering and service offering market values are readily determined based on current and prior stand-alone sales. The Company defers and recognizes maintenance, updates, and support revenue over the term of the contract period, which is generally one year. Normal payment terms offered to customers, distributors and resellers are net 30 days domestically. The Company does not offer payment terms that extend beyond one year and rarely does it extend payment terms beyond its normal terms. If certain customers do not meet its credit standards, the Company typically requires payment in advance to limit its credit exposure. With the Company’s newest product, INTRUSION Shield, INTRUSION Shield The Company utilizes the five-step process, mentioned above, per FASB ASC Topic 606 to recognize sales and will follow that directive, also, to define revenue items as individual and distinct. INTRUSION Shield · access to Intrusion’s proprietary software and database to detect and prevent unauthorized access to its clients’ information networks; · use of all software, associated media, printed materials, data, files, online documentation, and any equipment that Intrusion provides for customers to access the INTRUSION Shield · tech support, post contract customer support (PCS) includes daily program releases or corrections provided by Intrusion without additional charge. INTRUSION Shield The Company satisfies its performance obligation when the INTRUSION Shield The Company’s accounts receivable represents unconditional contract billings for sales per contracts with customers and are classified as current assets. As of March 31, 2024, and December 31, 2023, the Company had accounts receivable balances of $ 0.3 0.4 0.1 The Company classifies its contract assets as receivables because the Company generally has an unconditional right to payment for the Company’s sales or services performed at the end of the reporting period. Contract liabilities consist of cash payments in advance of the Company satisfying performance obligations and recognizing revenue. The Company currently classifies deferred revenue as a contract liability. The following table presents changes in the Company’s contract liability during the period ended March 31, 2024, and the year ended December 31, 2023 (in thousands): Schedule of contract liability March 31, 2024 December 31, 2023 Balance at beginning of period $ 439 $ 455 Additions 1,565 4,727 Revenue recognized (1,089 ) (4,743 ) Balance at end of period $ 915 $ 439

Capitalized Software Developmen

Capitalized Software Development	3 Months Ended
	Mar. 31, 2024
Extractive Industries [Abstract]
Capitalized Software Development	8. Capitalized Software Development The Company capitalizes internally developed software using the Agile software development methodology which allows the Company to accurately track, and record costs associated with new software development and enhancements. Pursuant to ASC Topic 350-40 Internal Use Software Accounting Capitalization, certain development costs related to the Company’s products during the application development stage are capitalized as part of property and equipment. Costs incurred in the preliminary stages of development are expensed as incurred. The preliminary stage includes such activities as conceptual formulation of alternatives, evaluation of alternatives, determination of existence of needed technology, and the final selection of alternatives. Once the application development stage is reached, internal and external costs are capitalized until the software is complete and ready for its intended use. Capitalized internal use software is amortized on a straight-line basis over its estimated useful life, which is generally three years.

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Mar. 31, 2024
Earnings Per Share [Abstract]
Net Loss Per Share	9. Net Loss Per Share The Company reports two separate net loss per share numbers, basic and diluted. Basic net loss attributable to common stockholders per share is computed by dividing net loss attributable to common stockholders for the period by the weighted average number of common shares outstanding for the period. Diluted net loss attributable to common stockholders per share is computed by dividing the net loss attributable to common stockholders for the period by the weighted average number of common shares and dilutive common stock equivalents outstanding for the period. The common stock equivalents include all common stock issuable upon exercise of outstanding warrants, options and vesting of restricted stock awards. The aggregate number of common stock equivalents excluded from the diluted loss per share calculation for the periods ended March 31, 2024, and 2023 totaled 183 46

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	10. Related Party Transactions On January 2, 2024, the Company entered into an invoice financing arrangement pursuant to a note purchase agreement with Anthony Scott, President, and Chief Executive Officer of the Company (“Scott”), according to which, among other things, Scott purchased from the Company a promissory note (the “Promissory Note”) in the aggregate principal amount of $ 1.1 1.0 40 7 On March 20, 2024, the Company entered into an additional invoice financing arrangement pursuant to a note purchase agreement with Scott, according to which, among other things, Scott purchased from the Company a second Promissory Note 2 in the aggregate principal amount of $ 343 340 April 19, 2024 See additional discussion regarding these transactions that occurred subsequent to March 31, 2024, below.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	11. Subsequent Events On April 3, 2024, the Company entered into an agreement with Streeterville to exchange 91 shares of Series A Preferred Stock with an aggregate stated value of $100 thousand for 32.2 thousand shares of common stock. The issuance of the exchange shares is pursuant to the exemption from the registration requirements afforded by Section 3(a)(9) of the Securities Act of 1933, as amended. On April 1, 2024, the Company’s Board of Directors approved entry into an inducement letter that provides, during the period beginning on April 2, 2024 and continuing through April 23, 2024, for the lowering of the exercise price of all outstanding warrants and, for each share of common stock exercised under the Warrants, providing the participating Warrant holder with a New Warrant for that same number of shares of common stock. The reduced exercise price of the Warrants is $3.04, which includes $0.13 per share that is attributable to the purchase price of the New Warrant. The New Warrant exercise price is $2.91 with an exercise period of five years. On April 8, 2024, certain holders of the Warrants exercised 181 thousand shares of the Company’s common stock resulting in gross proceeds of $0.6 million and the issuance of 186.5 thousand New Warrants. The issuance of New Warrants was undertaken pursuant to the exemption from registration provided in Rule 506(b) under Regulation D pursuant to the Securities Act of 1933, as amended. On April 22, 2024, entered into a private placement subscription agreement pursuant to which the Company sold to purchasers in an Offering an aggregate of 1.3 million shares of its common stock, each of which is coupled with a warrant to purchase two shares of common stock at an aggregate offering price of $1.95 per share. None of the shares of common stock or shares underlying the warrants have been registered for resale under the Securities Act of 1933 as amended. The Company received gross proceeds of approximately $2.6 million from this private placement subscription. On April 22, 2024, the Company announced that the Company believes it has stockholders’ equity above the $2.5 million requirement to regain compliance with the Nasdaq’s Listing Rule 5550(b)(1) as a result of the Offering, along with proceeds received from the warrant exercise inducement letters. The Company provided an update to the Nasdaq Hearings Panel on how it plans to maintain long-term compliance with the Equity Rule. On May 1, 2024, the Company received written notice from the Listing Qualifications Staff of the Nasdaq informing that it has regained compliance with the minimum bid price and equity requirements with the Nasdaq’s Listing Rule 5550(b)(1).

Right-of-use Asset and Leasin_2

Right-of-use Asset and Leasing Liabilities (Tables)	3 Months Ended
	Mar. 31, 2024
Right-of-use Asset And Leasing Liabilities
Schedule of lease cost	Schedule of lease cost Three Months Ended March 31, 2024 March 31, 2023 Operating expense: Amortization Expense – Finance ROU $ 166 $ 166 Lease expense – Operating ROU $ 83 $ 77 Other expense: Interest Expense – Finance ROU $ – $ 6
Schedule of future minimum lease obligations	Schedule of future minimum lease obligations Operating Finance Year ending December 31, ROU Leases ROU Leases Total Remaining 2024 $ 286 $ 283 $ 569 2025 256 3 259 2026 196 – 196 2027 165 – 165 2028 223 – 223 Thereafter 1,517 – 1,517 $ 2,643 $ 286 $ 2,929 Less Interest* (916 ) – $ 1,727 $ 286 * Interest is imputed for operating ROU leases and classified as lease expense and is included in operating expenses in the accompanying unaudited condensed consolidated statements of operations.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Schedule of contract liability	Schedule of contract liability March 31, 2024 December 31, 2023 Balance at beginning of period $ 439 $ 455 Additions 1,565 4,727 Revenue recognized (1,089 ) (4,743 ) Balance at end of period $ 915 $ 439

Basis of Presentation (Details

Basis of Presentation (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended
	Mar. 22, 2024	May 15, 2024	Mar. 31, 2024	Mar. 31, 2023
Subsidiary, Sale of Stock [Line Items]
Cash Equivalents, at Carrying Value			$ 100,000
[custom:WorkingCapital-0]			4,700,000
Proceeds from Notes Payable			1,340,000	$ 0
Cash			2,400,000
Reverse stock split	reverse stock split of 1-for-20
Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance of Common Stock		$ 5,700,000
Proceeds from Warrant Exercises		600,000
ATM Offering [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from Notes Payable			1,300,000
Proceeds from Issuance of Common Stock			$ 500,000
Private Placement [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance of Common Stock		2,600,000
A T M Sales [Member] | Subsequent Event [Member]
Subsidiary, Sale of Stock [Line Items]
Proceeds from Issuance of Common Stock		$ 2,500,000

Right-of-use Asset and Leasin_3

Right-of-use Asset and Leasing Liabilities (Details - Income Statement) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating expense:
Amortization Expense – Finance ROU	$ 166	$ 166
Lease expense – Operating ROU	83	77
Other expense:
Interest Expense – Finance ROU	$ 0	$ 6

Right-of-use Asset and Leasin_4

Right-of-use Asset and Leasing Liabilities (Details - Minimum obligation) $ in Thousands	Mar. 31, 2024 USD ($)
Operating and Finance total lease minimum obligation, Remaining 2024	$ 569
Operating and Finance total lease minimum obligation, 2025	259
Operating and Finance total lease minimum obligation, 2026	196
Operating and Finance total lease minimum obligation, 2027	165
Operating and Finance total lease minimum obligation, 2028	223
Operating and Finance total lease minimum obligation, Thereafter	1,517
Operating and Finance total lease minimum obligation liability	2,929
Operating Rou Leases [Member]
Operating ROU Leases, Remaining 2024	286
Operating ROU Leases, 2025	256
Operating ROU Leases, 2026	196
Operating ROU Leases, 2027	165
Operating ROU Leases, 2028	223
Operating ROU Leases, Thereafter	1,517
Operating ROU Leases Undiscounted Obligation	2,643
Operating ROU Leases, Less Interest	(916)	[1]
Operating ROU Leases	1,727
Finance Rou Leases [Member]
Finance ROU Leases, Remaining 2024	283
Finance ROU Leases, 2025	3
Finance ROU Leases, 2026	0
Finance ROU Leases, 2027	0
Finance ROU Leases, 2028	0
Finance ROU Leases, Thereafter	0
Finance ROU Leases Undiscounted Obligation	286
Finance ROU Leases, Less Interest	0	[1]
Finance ROU Leases	$ 286
[1]Interest is imputed for operating ROU leases and classified as lease expense and is included in operating expenses in the accompanying unaudited condensed consolidated statements of operations.

Right-of-use Asset and Leasin_5

Right-of-use Asset and Leasing Liabilities (Details Narrative) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Right-of-use Asset And Leasing Liabilities
Operating lease payments	$ 5	$ 86
Financing lease payments	$ 100	$ 14

Notes Payable (Details Narrativ

Notes Payable (Details Narrative) - USD ($)						1 Months Ended	3 Months Ended
	Apr. 19, 2024	Mar. 20, 2024	Jan. 02, 2024	Jun. 29, 2022	Mar. 10, 2022	Mar. 31, 2024	Mar. 31, 2024	Mar. 31, 2023	Jan. 11, 2023
Short-Term Debt [Line Items]
Proceeds from note payable							$ 1,340,000	$ 0
Repayment of notes payable							200,000	0
Scott Note Payable 1 [Member]
Short-Term Debt [Line Items]
Debt face amount			$ 1,100,000
Proceeds from note payable			$ 1,000,000
Payment frequency			weekly
Debt periodic payment			$ 40,000
Debt maturity date			Jun. 15, 2024
Interest rate			7%
Repayment of notes payable							200,000
Scott Note Payable 2 [Member]
Short-Term Debt [Line Items]
Debt face amount		$ 343,000
Proceeds from note payable		$ 340,000
Debt maturity date		Apr. 19, 2024
Scott Notes Payable [Member]
Short-Term Debt [Line Items]
Interest Expense, Debt							16,000
Notes Payable						$ 1,200,000	1,200,000
Amortization of debt issuance costs							65,000
Scott Notes Payable [Member] | Subsequent Event [Member]
Short-Term Debt [Line Items]
Debt converted, amount converted	$ 1,100,000
Streeterville Debt [Member]
Short-Term Debt [Line Items]
Interest Expense, Debt							$ 200,000	$ 200,000
Streeterville Debt [Member] | Common Stock [Member]
Short-Term Debt [Line Items]
Debt Conversion, Original Debt, Amount						$ 200,000
Debt Conversion, Converted Instrument, Shares Issued						52,200
Streeterville Debt [Member] | Series A Preferred Stock [Member]
Short-Term Debt [Line Items]
Debt Conversion, Original Debt, Amount						$ 9,300,000
Debt Conversion, Converted Instrument, Shares Issued						9,300
Streeterville Capital [Member]
Short-Term Debt [Line Items]
Unamortized Debt Issuance Expense									$ 400,000
Streeterville Capital [Member] | Tranche 1 [Member]
Short-Term Debt [Line Items]
Debt face amount					$ 5,400,000
Proceeds from Issuance of Debt					4,600,000
Streeterville Capital [Member] | Tranche 2 [Member]
Short-Term Debt [Line Items]
Debt face amount					$ 5,400,000
Streeterville Capital [Member] | Tranch 2 [Member]
Short-Term Debt [Line Items]
Proceeds from Issuance of Debt				$ 4,700,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) $ in Millions	Oct. 02, 2023 USD ($)
Attorney Fees And Expenses [Member]
Offsetting Assets [Line Items]
Litigation Settlement, Fee Expense	$ 0.3

Stockholder_s Equity (Details N

Stockholder’s Equity (Details Narrative) - USD ($)		3 Months Ended
	Mar. 15, 2024	Mar. 31, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Preferred Stock, Shares Authorized		20,000	20,000
Preferred Stock, Par or Stated Value Per Share		$ 0.01	$ 0.01
Exercise price $104.40 [Member]
Class of Stock [Line Items]
Warrants outstanding		60,641
Exercise price $12.00 [Member]
Class of Stock [Line Items]
Warrants outstanding		435,926
ATM Offering [Member]
Class of Stock [Line Items]
Proceeds from issuance of common stock		$ 12,700,000
Stock issued new, shares		613,000
Streeterville Capital [Member] | Exchange Agreement [Member]
Class of Stock [Line Items]
Debt converted, amount converted	$ 9,300,000
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Authorized		20,000
Preferred Stock, Par or Stated Value Per Share		$ 0.01
Series A Preferred Stock [Member] | Streeterville Capital [Member] | Exchange Agreement [Member]
Class of Stock [Line Items]
Debt converted, shares issued	9,275

Revenue Recognition (Details -

Revenue Recognition (Details - Contract liability) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Balance at beginning of period	$ 439	$ 455
Additions	1,565	4,727
Revenue recognized	(1,089)	(4,743)
Balance at end of period	$ 915	$ 439

Revenue Recognition (Details Na

Revenue Recognition (Details Narrative) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Accounts receivable	$ 0.3	$ 0.4
Allowance for credit losses	$ 0.1	$ 0.1

Net Loss Per Share (Details Nar

Net Loss Per Share (Details Narrative) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Earnings Per Share [Abstract]
Antidilutive shares	183	46

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($) $ in Thousands			3 Months Ended
	Mar. 20, 2024	Jan. 02, 2024	Mar. 31, 2024	Mar. 31, 2023
Short-Term Debt [Line Items]
Proceeds from Notes Payable			$ 1,340	$ 0
Scott Note Payable 1 [Member]
Short-Term Debt [Line Items]
Debt face amount		$ 1,100
Proceeds from Notes Payable		1,000
Debt Instrument, Periodic Payment		$ 40
Debt Instrument, Interest Rate During Period		7%
Maturity date		Jun. 15, 2024
Scott Note Payable 2 [Member]
Short-Term Debt [Line Items]
Debt face amount	$ 343
Proceeds from Notes Payable	$ 340
Maturity date	Apr. 19, 2024