Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets - Unaudited

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Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 12,394 $ 18,247
Trade accounts receivable, net of allowance of $49 and $54, respectively 2,509 2,513
Prepaid expenses and other current assets 1,312 1,247
Inventories, net 10,611 11,675
Total current assets 26,826 33,682
Property and equipment, net 3,009 3,515
Intangible assets, net 3,938 4,188
Goodwill 6,163 6,163
Other long-term assets 35 35
Total assets 39,971 47,583
Current liabilities:    
Accounts payable 831 778
Accrued liabilities 3,193 3,146
Current portion of long-term debt 19,766 19,070
Total current liabilities 23,790 22,994
Deferred rent 475 517
Long-term debt 2,779 3,061
Other long-term liabilities 177 134
Derivative liabilities $ 4,589 $ 13,970
Commitments and contingencies    
Stockholders’ equity (deficit):    
Common stock, $0.01 par value; 250,000,000 shares authorized; 65,758,131 and 26,353,666 shares issued at June 30, 2015 and December 31, 2014, respectively $ 658 $ 264
Additional paid-in capital 191,443 179,148
Accumulated deficit (183,940) (172,505)
Total stockholders’ equity 8,161 6,907
Total liabilities and stockholders’ equity $ 39,971 $ 47,583