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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash $ 6,555 $ 5,796
Accounts receivable and unbilled revenues, net 1,830 1,010
Projects in process 1
Inventory 1,219 1,154
Prepaid expenses and other current assets 890 1,836
Total current assets 10,494 9,797
Investment in joint venture 3 3
Property and equipment, net 2,484 3,327
Other assets 261
Total assets 13,242 13,127
Current liabilities:    
Accounts payable 501 509
Accrued payroll and employee benefits 902 1,081
Accrued expenses 265 177
Deferred revenues 75 1,248
Current portion of capital lease obligations 570 568
Total current liabilities 2,313 3,583
Capital lease obligation, net of current portion 1,133 1,681
Total liabilities 3,446 5,264
Commitments and contingencies
Stockholders’ equity    
Series B Preferred stock, 54,425 shares authorized with par value of $0.001; 82 and 83 shares issued and outstanding at December 31, 2018 and 2017, respectively. (In the event of dissolution, each share of Series B Preferred stock has a liquidation preference equal to par value of $0.001 over the shares of common stock)
Common stock, 10,000,000 shares authorized, with par value of $0.001; 8,800,313 and 5,859,414 shares issued and outstanding at December 31, 2018 and 2017, respectively 9 6
Additional paid-in capital 197,507 192,861
Accumulated other comprehensive loss (456) (99)
Accumulated deficit (185,222) (183,745)
Total Neonode Inc. stockholders’ equity 11,838 9,023
Noncontrolling interests (2,042) (1,160)
Total stockholders’ equity 9,796 7,863
Total liabilities and stockholders’ equity $ 13,242 $ 13,127