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
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 11,268 $ 18,247
Trade accounts receivable, net of allowance of $49 and $54, respectively 2,376 2,513
Prepaid expenses and other current assets 1,171 1,247
Inventories, net 9,700 11,675
Total current assets 24,515 33,682
Property and equipment, net 2,668 3,515
Intangible assets, net 3,812 4,188
Goodwill 6,163 6,163
Other long-term assets 35 35
Total assets 37,193 47,583
Current liabilities:    
Accounts payable 912 778
Accrued liabilities 3,114 3,146
Current portion of long-term debt 19,973 19,070
Total current liabilities 23,999 22,994
Deferred rent 454 517
Long-term debt 0 3,061
Other long-term liabilities 174 134
Derivative liabilities $ 14,283 $ 13,970
Commitments and contingencies
Stockholders’ equity (deficit):    
Common stock, $0.01 par value; 250,000,000 shares authorized; 78,936,372 and 26,353,666 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively $ 789 $ 264
Additional paid-in capital 191,566 179,148
Accumulated deficit (194,072) (172,505)
Total stockholders’ equity (deficit) (1,717) 6,907
Total liabilities and stockholders’ equity (deficit) $ 37,193 $ 47,583