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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 444 $ 1,609
Accounts receivable, net 264 466
Inventories, net 50 0
Other current assets 537 385
Assets held for sale 1,987 26,106
Total current assets 3,282 28,566
PROPERTY AND EQUIPMENT:    
Equipment 5,593 5,599
Furniture, fixtures & leasehold improvements 1,565 1,566
Property, plant and equipment, gross 7,158 7,165
Less: accumulated depreciation (6,899) (6,680)
Property, plant and equipment, net 259 485
OTHER ASSETS:    
Intangibles, net 1,170 751
Other assets 105 204
Assets 4,816 30,006
CURRENT LIABILITIES:    
Current maturities of long term debt 7,596 462
Accounts payable 3,781 3,898
Accrued compensation 321 377
Accrued expenses 3,734 2,045
Deferred revenue 217 298
Other current liabilities 1,068 1,068
Liabilities held for sale 264 3,838
Total current liabilities 16,981 11,986
LONG TERM LIABILITIES:    
Long term debt less current maturities 0 7,375
Common stock warrant liability 350 145
Other long-term liabilities 305 817
Accrued preferred stock dividend 0 3,130
Total liabilities 17,636 23,453
STOCKHOLDERS’ (DEFICIT) EQUITY:    
Preferred stock, $.01 par value, 15,000,000 shares authorized, 4,029,502 shares issued and outstanding 40 40
Common stock, $.01 par value, 150,000,000 shares authorized, 13,915,691 and 8,084,471 shares issued and outstanding, respectively [1] 139 81
Additional paid-in capital [1] 200,403 189,680
Accumulated other comprehensive income 10 340
Accumulated deficit (213,412) (183,588)
Total stockholders’ (deficit) equity (12,820) 6,553
Liabilities and equity $ 4,816 $ 30,006
[1] The common stock shares and additional paid-in capital for all periods presented reflect the one-for-twelve reverse stock split which took effect on January 27, 2014.