Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 2,350 $ 5,580
Accounts receivable, net 2,861 2,760
Inventory, net 2,631 2,702
Prepaid expenses and other current assets 451 735
Total current assets 8,293 11,777
Improvements and equipment, net 1,956 2,092
Intangible assets, net 27,290 28,498
Goodwill, net 11,959 11,959
Other assets 229 173
Total assets 49,727 54,499
Current Liabilities:    
Accounts payable 2,311 2,612
Accrued expenses and other current liabilities 4,672 5,286
Contingent consideration, current 0 675
Senior secured term loan, net 11,745 11,541
Warrant liability 672 20
Total current liabilities 19,400 20,134
Contingent consideration, long-term 500 1,141
Deferred tax liability 752 749
Other long-term liabilities 338 385
Total liabilities 20,990 22,409
Commitments and Contingencies
Stockholders’ Equity    
Preferred Stock, par value $0.001 per share, 1,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock, par value $0.001 per share, 95,000,000 shares authorized; 36,122,025 and 29,669,036 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 36 30
Additional paid-in capital 160,002 156,363
Accumulated deficit (131,301) (124,303)
Total stockholders' equity 28,737 32,090
Total liabilities and stockholders’ equity $ 49,727 $ 54,499