Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,787 $ 5,447
Account and other receivables, net of allowance of $0 and $56, respectively 136 263
Prepaid expenses and other current assets 310 171
Inventories 106 52
Notes receivable, current portion 1,724 1,084
Total current assets 4,063 7,017
Inventories 533 624
Property and equipment, net 190 124
Intangible assets, net 41 46
Long-term note receivable, net of current portion 1,944 3,669
Operating lease right of use asset 2,341
Other long-term assets 35 35
Total assets 9,147 11,515
Current liabilities:    
Accounts payable 191 301
Accrued liabilities 1,266 838
Current portion of long term debt 6
Derivative liabilities, current portion 220 1,062
Current portion of operating lease liability 360 169
Other current liabilities 23 10
Total current liabilities 2,066 2,380
Operating lease liability, net of current portion 1,867
Derivative liabilities, net of current portion 504
Other long-term liabilities 232
Long term debt, net of current portion 12
Total liabilities 3,945 3,116
Commitments and contingencies
Stockholders' equity:    
Convertible preferred stock, $0.01 par value, 130,000,000 shares authorized; 249 and 4,074 shares issued and outstanding at December 31, 2019 and 2018, respectively.
Common stock, $0.01 par value, 250,000,000 shares authorized; 2,434,009 and 726,455 shares issued and outstanding at December 31, 2019 and 2018, respectively. 24 7
Additional paid-in capital 239,256 237,673
Accumulated deficit (234,078) (229,281)
Total stockholders' equity 5,202 8,399
Total liabilities and stockholders' equity $ 9,147 $ 11,515