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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 231 $ 1,486
Accounts receivable 1,004 1,557
Inventories 2,784 3,241
Prepaid expenses 698 555
Other current assets 213 206
Total current assets 4,930 7,045
Property, plant and equipment, net 65,670 66,370
Intangible assets, net of accumulated amortization of $444 and $424, respectively 1,280 1,300
Other assets 3,097 3,095
Total assets 74,977 77,810
Current liabilities:    
Accounts payable 7,812 7,842
Current portion of long term debt 1,575 2,027
Short term borrowings 11,280 9,382
Mandatorily redeemable Series B convertible preferred stock 2,869 2,844
Accrued property taxes 2,947 2,648
Other current liabilities 2,518 2,473
Total current liabilities 29,001 27,216
Long term liabilities:    
Senior secured notes 64,524 61,631
EB-5 notes 33,500 33,000
Long term subordinated debt 5,711 5,674
Other long term liabilities 80 102
Total long term liabilities 103,815 100,407
Stockholders' deficit:    
Series B convertible preferred stock, $0.001 par value; 7,235 authorized; 1,328 and 1,328 shares issued and outstanding each period, respectively (aggregate liquidation preference of $3,984 and $3,984, respectively) 1 1
Common stock, $0.001 par value; 40,000 authorized; 19,696 and 19,858 shares issued and outstanding, respectively 20 20
Additional paid-in capital 83,573 83,441
Accumulated deficit (138,414) (129,887)
Accumulated other comprehensive loss (3,019) (3,388)
Total stockholders' deficit (57,839) (49,813)
Total liabilities and stockholders' deficit $ 74,977 $ 77,810