Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 5,447,000 $ 539,000
Trade accounts receivable, net of allowance of $56 and $63, respectively 263,000 1,240,000
Prepaid expenses and other current assets 171,000 190,000
Inventories 52,000 117,000
Notes receivable, current portion 1,084,000
Current assets held for sale 1,585,000
Total current assets 7,017,000 3,671,000
Inventories, net 624,000 675,000
Property and equipment, net 124,000 218,000
Intangible assets, net 46,000
Goodwill 6,163,000
Long-term note receivable, net of current portion 3,669,000
Other long-term assets 35,000 35,000
Long-term assets held for sale 1,228,000
Long-term intangible assets held for sale 2,651,000
Total assets 11,515,000 14,641,000
Current liabilities:    
Accounts payable 301,000 1,732,000
Accrued liabilities 838,000 2,682,000
Debt 605,000
Derivative liabilities, current portion 1,062,000 896,000
Deferred rent, current portion 169,000
Other current liabilities 10,000
Current liabilities held for sale 2,356,000
Total current liabilities 2,380,000 8,271,000
Deferred rent 179,000
Derivative liabilities, net of current portion 504,000 461,000
Other long-term liabilities 232,000 288,000
Total liabilities 3,116,000 9,199,000
Stockholders' equity:    
Convertible preferred stock, $0.01 par value, 130,000,000 shares authorized; 4,074 and 0 shares issued and outstanding at December 31, 2018 and 2017, respectively.
Common stock, $0.01 par value, 250,000,000 shares authorized; 21,793,641 and 3,028,065 shares issued and outstanding at December 31, 2018 and 2017, respectively. 218,000 30,000
Additional paid-in capital 237,462,000 226,041,000
Accumulated deficit (229,281,000) (220,629,000)
Total stockholders' equity 8,399,000 5,442,000
Total liabilities and stockholders' equity $ 11,515,000 $ 14,641,000