XML 37 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 7,849,000 $ 15,506,000
Accounts receivable, net of reserves of $1,566,000 and of $1,445,000 in 2014 and 2013, respectively 532,000 4,152,000
Inventories, net 5,020,000 3,694,000
Other current assets 1,245,000 1,225,000
Total current assets 14,646,000 24,577,000
Property and equipment, net 1,571,000 1,054,000
Restricted cash and cash equivalents 350,000 350,000
Other assets 2,291,000 2,812,000
Intangibles, net 9,534,000 9,345,000
Goodwill 3,922,000 3,922,000
Total assets 32,314,000 42,060,000
Current liabilities:    
Accounts payable and accrued expenses 5,739,000 6,077,000
Current portion of long-term obligations, net of discount 5,477,000 3,191,000
Termination fee obligation 0 400,000
Puregraft divestiture obligation 158,000 547,000
Joint Venture purchase obligation 2,817,000 4,691,000
Warrant liability 287,000 0
Total current liabilities 14,478,000 14,906,000
Deferred revenues 168,000 212,000
Long-term deferred rent and other 629,000 710,000
Long-term obligations, net of discount, less current portion 20,332,000 23,100,000
Total liabilities 35,607,000 38,928,000
Commitments and contingencies      
Stockholders' (deficit) equity:    
Preferred stock, $0.001 par value; 5,000,000 shares authorized; -0- shares issued and outstanding in 2014 and 2013 0 0
Common stock, $0.001 par value; 145,000,000 shares authorized; 83,574,164 and 71,305,375 shares issued and outstanding in 2014 and 2013, respectively 83,000 71,000
Additional paid-in capital 328,684,000 303,710,000
Accumulated other comprehensive income 457,000 256,000
Accumulated deficit (332,517,000) (300,905,000)
Total stockholders' (deficit) equity (3,293,000) 3,132,000
Total liabilities and stockholders' (deficit) equity $ 32,314,000 $ 42,060,000