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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 4,638 $ 6,555
Accounts receivable and unbilled revenue, net 1,784 1,830
Projects in process 8
Inventory 1,166 1,219
Prepaid expenses and other current assets 762 890
Total current assets 8,358 10,494
Investment in joint venture 3 3
Property and equipment, net 2,011 2,484
Operating lease right-of-use assets 728
Other assets 246 261
Total assets 11,346 13,242
Current liabilities:    
Accounts payable 401 501
Accrued payroll and employee benefits 1,112 902
Accrued expenses 93 265
Deferred revenues 66 75
Current portion of finance lease obligations 547 570
Current portion of operating lease obligations 427
Total current liabilities 2,646 2,313
Finance lease obligations, net of current portion 807 1,133
Operating lease obligations, net of current portion 266  
Total liabilities 3,719 3,446
Commitments and contingencies
Stockholders' equity:    
Series B Preferred stock, 54,425 shares authorized with par value $0.001 per share; 80 and 82 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively. (In the event of dissolution, each share of Series B Preferred stock has a liquidation preference equal to par value of $0.001 per share over the shares of common stock)
Common stock, 15,000,000 shares authorized with par value $0.001 per share; 8,800,577 and 8,800,313 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively. 9 9
Additional paid-in capital 197,507 197,507
Accumulated other comprehensive loss (611) (456)
Accumulated deficit (187,059) (185,222)
Total Neonode Inc. stockholders' equity 9,846 11,838
Noncontrolling interests (2,219) (2,042)
Total stockholders' equity 7,627 9,796
Total liabilities and stockholders' equity $ 11,346 $ 13,242