Annual report pursuant to Section 13 and 15(d) 12-31-2014

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 18,247us-gaap_CashAndCashEquivalentsAtCarryingValue $ 2,279us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash   392us-gaap_RestrictedCashAndCashEquivalents
Trade accounts receivable, net of allowance of $54 and $49, respectively 2,513us-gaap_AccountsReceivableNetCurrent 2,817us-gaap_AccountsReceivableNetCurrent
Prepaid expenses and other current assets 1,247us-gaap_PrepaidExpenseAndOtherAssetsCurrent 1,575us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred offering costs   2,763us-gaap_DeferredOfferingCosts
Inventories, net 11,675us-gaap_InventoryNet 10,084us-gaap_InventoryNet
Total current assets 33,682us-gaap_AssetsCurrent 19,910us-gaap_AssetsCurrent
Property and equipment, net 3,515us-gaap_PropertyPlantAndEquipmentNet 3,531us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 4,188us-gaap_IntangibleAssetsNetExcludingGoodwill 4,688us-gaap_IntangibleAssetsNetExcludingGoodwill
Goodwill 6,163us-gaap_Goodwill 6,163us-gaap_Goodwill
Other long-term assets 35us-gaap_OtherAssetsNoncurrent 35us-gaap_OtherAssetsNoncurrent
Total assets 47,583us-gaap_Assets 34,327us-gaap_Assets
Current liabilities:    
Accounts payable 778us-gaap_AccountsPayableCurrent 3,377us-gaap_AccountsPayableCurrent
Accrued liabilities 3,146us-gaap_AccruedLiabilitiesCurrent 3,711us-gaap_AccruedLiabilitiesCurrent
Current portion of long-term debt 19,070us-gaap_LongTermDebtCurrent 17,925us-gaap_LongTermDebtCurrent
Total current liabilities 22,994us-gaap_LiabilitiesCurrent 25,013us-gaap_LiabilitiesCurrent
Deferred rent 517us-gaap_DeferredRentCreditNoncurrent 575us-gaap_DeferredRentCreditNoncurrent
Long-term debt 3,061us-gaap_LongTermDebtNoncurrent  
Other long-term liabilities 134us-gaap_OtherLiabilitiesNoncurrent 134us-gaap_OtherLiabilitiesNoncurrent
Derivative liabilities 13,970us-gaap_DerivativeLiabilitiesNoncurrent 210us-gaap_DerivativeLiabilitiesNoncurrent
Commitments and contingencies      
Convertible preferred stock, $0.01 par value, 130,000,000 shares authorized; 0 and 80,910,394 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively; aggregate liquidation value of $0 and $149,692 at December 31, 2014 and December 31, 2013, respectively   161,456us-gaap_TemporaryEquityCarryingAmountAttributableToParent
Stockholders’ equity (deficit):    
Common stock, $0.01 par value; 250,000,000 shares authorized; 26,353,666 and 597,675 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively 264us-gaap_CommonStockValue 6us-gaap_CommonStockValue
Additional paid-in capital / (capital deficiency) 179,148us-gaap_AdditionalPaidInCapitalCommonStock (13,144)us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated deficit (172,505)us-gaap_RetainedEarningsAccumulatedDeficit (139,923)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders’ equity (deficit) 6,907us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest (153,061)us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities, convertible preferred stock and stockholders’ equity (deficit) $ 47,583us-gaap_LiabilitiesAndStockholdersEquity $ 34,327us-gaap_LiabilitiesAndStockholdersEquity