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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 63 $ 124
Restricted deposits 1,749 2,172
Escrow deposit 50 100
Accounts receivable, net of provisions for doubtful accounts of $20 and $22 at December 31, 2015 and March 31, 2016, respectively 5,551 6,389
Unbilled revenue 4,515 3,849
Inventory, net 602 506
Other current assets 1,857 1,633
Current assets - discontinued operations 316 1,079
Total current assets 14,703 15,852
Property and equipment, net 874 954
Severance assets 3,756 3,558
Restricted deposits 2,643 2,951
Goodwill 535 516
Other assets $ 354 470
Non-current assets - discontinued operations 29
Total assets $ 22,865 24,330
Current liabilities:    
Short-term bank credit and current maturities of long-term debt 1,902 1,916
Leap Tide loan payable, net of discount 1,940 $ 1,900
Director loans 375
Accounts payable 2,895 $ 2,346
Accrued payroll, payroll taxes and social benefits 2,118 1,320
Deferred revenue 4,078 5,251
Other current liabilities 2,651 2,260
Current liabilities - discontinued operations 2,000 1,827
Total current liabilities 17,959 16,820
Long-term liabilities:    
Accrued severance 5,222 4,984
Other long-term liabilities 822 849
Non-current liabilities - discontinued operations 16 19
Total long-term liabilities 6,060 5,852
Equity:    
Acorn Energy, Inc. shareholders Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; Issued –28,127,511 shares at December 31, 2015 and March 31, 2016 281 281
Additional paid-in capital 99,194 98,977
Warrants 1,600 1,597
Accumulated deficit (100,166) (97,191)
Treasury stock, at cost – 801,920 shares at December 31, 2015 and March 31, 2016 (3,036) (3,036)
Accumulated other comprehensive loss (244) (262)
Total Acorn Energy, Inc. shareholders’ equity (deficiency) (2,371) 366
Non-controlling interests 1,217 1,292
Total equity (deficiency) (1,154) 1,658
Total liabilities and equity $ 22,865 $ 24,330