Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 4,164,000 $ 5,447,000
Trade accounts receivable, net of allowance of $92 and $56, respectively 45,000 263,000
Prepaid expenses and other current assets 178,000 171,000
Inventories, net 69,000 52,000
Notes receivable, current portion 1,116,000 1,084,000
Total current assets 5,572,000 7,017,000
Inventories, net 665,000 624,000
Property and equipment, net 97,000 124,000
Intangible assets, net 45,000 46,000
Long-term note receivable, net of current portion 3,343,000 3,669,000
Operating lease right-of-use-asset 500,000  
Other long-term assets 35,000 35,000
Total assets 10,257,000 11,515,000
Current liabilities:    
Accounts payable 254,000 301,000
Accrued liabilities 797,000 838,000
Derivative liabilities, current portion 1,088,000 1,062,000
Current portion of operating lease liability 715,000 169,000
Other current liabilities 18,000 10,000
Total current liabilities 2,872,000 2,380,000
Derivative liabilities, net of current portion 500,000 504,000
Other long-term liabilities 115,000 232,000
Total liabilities 3,487,000 3,116,000
Commitments and contingencies
Stockholders' equity:    
Convertible preferred stock, $0.01 par value, 130,000,000 shares authorized; 4,074 shares issued and outstanding at March 31, 2019 and December 31, 2018.
Common stock, $0.01 par value, 250,000,000 shares authorized; 21,793,641 shares issued and outstanding at March 31, 2019 and December 31, 2018. 218,000 218,000
Additional paid-in capital 237,462,000 237,462,000
Accumulated deficit (230,910,000) (229,281,000)
Total stockholders' equity 6,770,000 8,399,000
Total liabilities and stockholders' equity $ 10,257,000 $ 11,515,000