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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 462 $ 247
Accounts receivable, net 2,902 3,028
Inventory, net 128 107
Prepaid expenses 148 40
Total current assets 3,640 3,422
Property and equipment, net 522 580
Deposits 55 55
Intangible assets, net 28 34
Total assets 4,245 4,091
Current Liabilities:    
Line of credit 2,171 2,771
Current portion of unsecured subordinated promissory notes 288 0
Current portion of capital leases 135 118
Accounts payable 2,521 2,879
Deferred revenue 0 54
Income taxes payable 103 94
Accrued payroll and payroll taxes 642 732
Deferred insurance reimbursement 880 880
Accrued expenses 199 217
Total current liabilities 6,939 7,745
Long-term portion of unsecured subordinated promissory notes 120 0
Obligation to issue common stock to private placement noteholders 255  
Capitalized leases, less current portion 88 136
Warranty liability 12 12
Total liabilities 7,414 7,893
Stockholders' Deficit:    
Preferred stock; $.001 par value, 10,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $.001 par value, 100,000,000 shares authorized, 32,048,484 (2017) and 31,271,234 (2016) shares issued and outstanding [1] 32 31
Paid-in capital [1] 6,310 6,032
Accumulated deficit (9,422) (9,776)
Total Zynex, Inc. stockholders’ deficit (3,080) (3,713)
Non-controlling interest (89) (89)
Total stockholders’ deficit (3,169) (3,802)
Total liabilities and stockholders’ deficit $ 4,245 $ 4,091
[1] Zynex issued restricted (144) common stock to investors and private placement agent in the first quarter of 2017.