CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2020	Dec. 31, 2019
CURRENT ASSETS:
Cash	$ 2,158,000	$ 848,000
Accounts receivable, net	1,086,000	574,000
Inventories	280,000	184,000
Other current assets	444,000	272,000
Total current assets	3,968,000	1,878,000
PROPERTY AND EQUIPMENT, NET	460,000	431,000
OTHER ASSETS:
Operating lease right-of-use assets	358,000	519,000
Intangibles, net	15,904,000	16,658,000
Other assets	27,000	25,000
Total assets	20,717,000	19,511,000
CURRENT LIABILITIES:
Current maturities of long-term debt, less debt issuance costs	530,000	321,000
Current maturities of convertible notes, less debt discounts and debt issuance costs		142,000
Current maturities of finance lease liabilities	37,000	52,000
Current maturities of operating lease liabilities	219,000	209,000
Accounts payable	1,829,000	1,936,000
Accrued expenses	1,804,000	1,639,000
Deferred revenue	48,000	35,000
Total current liabilities	4,467,000	4,334,000
LONG TERM LIABILITIES:
Long-term debt, less current maturities and debt issuance costs	500,000	198,000
Finance lease liabilities, less current maturities	108,000	119,000
Operating lease liabilities, less current maturities	150,000	317,000
Common stock warrant liabilities	1,631,000	1,338,000
Total liabilities	6,856,000	6,306,000
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS? EQUITY:
Preferred stock - $0.01 par value, 15,000,000 shares authorized at September 30, 2020 and December 31, 2019, 47 shares issued and outstanding at September 30, 2020 and December 31, 2019, liquidation preference of $288 at September 30, 2020
Common stock, $0.01 par value, 150,000,000 shares authorized at September 30, 2020 and December 31, 2019, 16,676,916 and 7,898,117 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	167,000	79,000
Additional paid-in capital	83,362,000	74,065,000
Accumulated deficit	(69,695,000)	(60,939,000)
Total Precipio, Inc. stockholders' equity	13,834,000	13,205,000
Noncontrolling interest in joint venture	27,000
Total stockholders' equity	13,861,000	13,205,000
Total liabilities and stockholders' equity	$ 20,717,000	$ 19,511,000

The portion of the carrying value of long-term convertible note as of the balance sheet date that is scheduled to be repaid within one year or in the normal operating cycle if longer. Convertible note is a financial instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder.

No definition available.