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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 667 $ 1,486
Accounts receivable 1,135 1,557
Inventories 6,056 3,241
Prepaid expenses 1,877 555
Other current assets 309 206
Total current assets 10,044 7,045
Property, plant and equipment, net 65,020 66,370
Intangible assets, net of accumulated amortization of $465 and $424, respectively 1,259 1,300
Other assets 3,095 3,095
Total assets 79,418 77,810
Current liabilities:    
Accounts payable 9,018 7,842
Current portion of long term debt 1,651 2,027
Short term borrowings 15,566 9,382
Mandatorily redeemable Series B convertible preferred stock 2,894 2,844
Accrued property taxes 3,401 2,648
Other current liabilities 2,801 2,473
Total current liabilities 35,331 27,216
Long term liabilities:    
Senior secured notes 67,866 61,631
EB-5 notes 34,000 33,000
Long term subordinated debt 5,748 5,674
Other long term liabilities 58 102
Total long term liabilities 107,672 100,407
Stockholders' deficit:    
Series B convertible preferred stock, $0.001 par value; 7,235 authorized; 1,328 shares issued and outstanding each period, respectively (aggregate liquidation preference of $3,984 respectively) 1 1
Common stock, $0.001 par value; 40,000 authorized; 19,710 and 19,858 shares issued and outstanding, respectively 20 20
Additional paid-in capital 83,785 83,441
Accumulated deficit (144,401) (129,887)
Accumulated other comprehensive loss (2,990) (3,388)
Total stockholders' deficit (63,585) (49,813)
Total liabilities and stockholders' deficit $ 79,418 $ 77,810