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CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 6,255 $ 12,560
Accounts receivable, net of reserves of $167 in both 2017 and 2016, respectively 873 1,242
Restricted cash 350 350
Inventories, net 4,107 3,725
Other current assets 500 870
Total current assets 12,085 18,747
Property and equipment, net 3,611 1,157
Other assets 2,008 2,336
Intangibles, net 8,145 8,447
Goodwill 3,922 3,922
Total assets 29,771 34,609
Current liabilities:    
Accounts payable and accrued expenses 6,196 5,872
Current portion of long-term obligations, net of discount 6,686 6,629
Total current liabilities 12,882 12,501
Deferred revenues 109 97
Long-term deferred rent and other 17 17
Long-term obligations, net of discount, less current portion 9,400 11,008
Total liabilities 22,408 23,623
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Series A 3.6% convertible preferred stock, $0.001 par value; 5,000,000 shares authorized; 13,500 shares issued; no shares outstanding in 2017 and 2016 0 0
Common stock, $0.001 par value; 75,000,000 shares authorized; 23,767,423 and 21,707,890 shares issued and outstanding in 2017 and 2016, respectively 24 22
Additional paid-in capital 392,748 388,769
Accumulated other comprehensive income 1,198 1,258
Accumulated deficit (386,607) (379,063)
Total stockholders’ equity 7,363 10,986
Total liabilities and stockholders’ equity $ 29,771 $ 34,609