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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash $ 302,000 $ 381,000
Accounts receivable, net 801,000 690,000
Inventories 149,000 197,000
Other current assets 181,000 525,000
Total current assets 1,433,000 1,793,000
PROPERTY AND EQUIPMENT, NET 464,000 496,000
OTHER ASSETS:    
Operating lease right-of-use assets 689,000  
Intangibles, net 19,028,000 19,291,000
Other assets 25,000 25,000
Total assets 21,639,000 21,605,000
CURRENT LIABILITIES:    
Current maturities of long-term debt, less debt issuance costs 161,000 263,000
Current maturities of convertible notes, less debt discounts and debt issuance costs 3,129,000 4,377,000
Current maturities of finance lease liabilities 58,000 57,000
Current maturities of operating lease liabilities 221,000  
Accounts payable 4,696,000 5,169,000
Accrued expenses 1,651,000 1,940,000
Deferred revenue 35,000 49,000
Other current liabilities   1,910,000
Total current liabilities 9,951,000 13,765,000
LONG TERM LIABILITIES:    
Long-term debt, less current maturities and debt issuance costs 238,000 253,000
Finance lease liabilities, less current maturities 140,000 155,000
Operating lease liabilities, less current maturities 470,000  
Common stock warrant liabilities 892,000 1,132,000
Derivative liabilities   62,000
Deferred tax liability 70,000 70,000
Other long-term liabilities 45,000 45,000
Total liabilities 11,806,000 15,482,000
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS? EQUITY:    
Preferred stock - $0.01 par value, 15,000,000 shares authorized at March 31, 2019 and December 31, 2018, 47 shares issued and outstanding at March 31, 2019 and December 31, 2018, liquidation preference at par value at March 31, 2019 and December 31, 2018
Common stock, $0.01 par value, 150,000,000 shares authorized at March 31, 2019 and December 31, 2018, 4,304,929 and 2,298,738 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively [1] 43,000 23,000
Additional paid-in capital [1] 59,138,000 53,796,000
Accumulated deficit (49,348,000) (47,696,000)
Total stockholders' equity 9,833,000 6,123,000
Liabilities and stockholders' equity $ 21,639,000 $ 21,605,000
[1] The common stock shares and additional paid-in capital for all periods presented reflect the one-for fifteen reverse stock split which took effect on April 26, 2019.