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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash $ 2,286,000 $ 2,656,000
Accounts receivable, net 625,000 874,000
Inventories 472,000 350,000
Other current assets 476,000 324,000
Total current assets 3,859,000 4,204,000
PROPERTY AND EQUIPMENT, NET 513,000 277,000
OTHER ASSETS:    
Finance lease right-of-use assets, net 289,000 204,000
Operating lease right-of-use assets 253,000 306,000
Intangibles, net 15,429,000 15,667,000
Other assets 80,000 55,000
Total assets 20,423,000 20,713,000
CURRENT LIABILITIES:    
Current maturities of long-term debt, less debt issuance costs 30,000 648,000
Current maturities of finance lease liabilities 136,000 48,000
Current maturities of operating lease liabilities 186,000 225,000
Accounts payable 1,969,000 1,693,000
Accrued expenses 1,761,000 2,036,000
Deferred revenue 101,000 6,000
Total current liabilities 4,183,000 4,656,000
LONG TERM LIABILITIES:    
Long-term debt, less current maturities and debt issuance costs 180,000 362,000
Finance lease obligations, Non-current 112,000 116,000
Operating lease obligations, Non-current 77,000 92,000
Common stock warrant liabilities 1,313,000 1,325,000
Total liabilities 5,865,000 6,551,000
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock - $0.01 par value, 15,000,000 shares authorized at March 31, 2021 and December 31, 2020, 47 shares issued and outstanding at March 31, 2021 and December 31, 2020, liquidation preference of $271 at March 31, 2021
Common stock, $0.01 par value, 150,000,000 shares authorized at March 31, 2021 and December 31, 2020, 18,132,063 and 17,576,916 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 181,000 176,000
Additional paid-in capital 87,365,000 85,523,000
Accumulated deficit (73,016,000) (71,564,000)
Total Precipio, Inc. stockholders' equity 14,530,000 14,135,000
Noncontrolling interest in joint venture 28,000 27,000
Total stockholders' equity 14,558,000 14,162,000
Total liabilities and stockholders' equity $ 20,423,000 $ 20,713,000