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, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 10,613 $ 11,485
Trade accounts receivable, net of allowance of $22 and $49, respectively 1,270 2,660
Prepaid expenses and other current assets 375 229
Inventories, net 7,851 9,131
Total current assets 20,109 23,505
Property and equipment, net 1,816 2,472
Intangible assets, net 3,312 3,687
Goodwill 6,163 6,163
Other long-term assets 35 35
Total assets 31,435 35,862
Current liabilities:    
Accounts payable 693 643
Accrued liabilities 3,874 3,421
Current portion of lease liability 19
Current portion of long-term debt 8,432 16,365
Derivative liabilities, current portion 5,822
Total current liabilities 18,840 20,429
Deferred rent 348 432
Long-term debt
Lease liability, net of current portion 33
Other long-term liabilities 163 171
Derivative liabilities, net of current portion 548 598
Total liabilities 19,932 21,630
Commitments and contingencies (Note 10)
Stockholders' equity:    
Convertible preferred stock, $0.01 par value, 130,000,000 shares authorized; 0 shares issued and outstanding at September 30, 2016 and December 31, 2015
Common stock, $0.01 par value; 250,000,000 shares authorized; 2,200,208 and 907,187 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 22 9
Additional paid-in capital 221,657 210,760
Accumulated deficit (210,176) (196,537)
Total stockholders' equity 11,503 14,232
Total liabilities and stockholders' equity $ 31,435 $ 35,862