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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 623 $ 124
Restricted deposits 2,172
Escrow deposit 100
Accounts receivable, net of provisions for doubtful accounts of $20 and $34 at December 31, 2015 and June 30, 2016, respectively 432 6,389
Unbilled revenue 3,849
Inventory, net 230 506
Other current assets 837 1,633
Current assets – discontinued operations 51 1,079
Total current assets 2,173 15,852
Investment in DSIT 5,416
Property and equipment, net 253 954
Escrow deposit 579
Severance assets 3,558
Restricted deposits 2,951
Goodwill 516
Other assets 211 470
Non-current assets – discontinued operations 29
Total assets 8,632 24,330
Current liabilities:    
Short-term debt and current maturities of long-term debt 123 1,916
Leap Tide loan payable, net of discount 1,900
Accounts payable 587 2,346
Accrued payroll, payroll taxes and social benefits 540 1,320
Deferred revenue 1,853 5,251
Other current liabilities 609 2,260
Current liabilities – discontinued operations 1,729 1,827
Total current liabilities 5,441 16,820
Long-term liabilities:    
Accrued severance 4,984
Other long-term liabilities 668 849
Due to DSIT 978
Non-current liabilities – discontinued operations 16 19
Total long-term liabilities 1,662 5,852
Commitments and contingencies
Equity:    
Acorn Energy, Inc. shareholders Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; Issued –28,127,511 and 30,124,494 shares at December 31, 2015 and June 30, 2016, respectively 301 281
Additional paid-in capital 99,912 98,977
Warrants 1,600 1,597
Accumulated deficit (97,730) (97,191)
Treasury stock, at cost – 801,920 shares at December 31, 2015 and June 30, 2016 (3,036) (3,036)
Accumulated other comprehensive loss (242) (262)
Total Acorn Energy, Inc. shareholders' equity 805 366
Non-controlling interests 724 1,292
Total equity 1,529 1,658
Total liabilities and equity $ 8,632 $ 24,330