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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash $ 15,701,000 $ 2,656,000
Accounts receivable, net 443,000 874,000
Inventories 556,000 350,000
Other current assets 280,000 324,000
Total current assets 16,980,000 4,204,000
PROPERTY AND EQUIPMENT, NET 571,000 277,000
OTHER ASSETS:    
Finance lease right-of-use assets, net 508,000 204,000
Operating lease right-of-use assets, net 199,000 306,000
Intangibles, net 15,192,000 15,667,000
Other assets 90,000 55,000
Total assets 33,540,000 20,713,000
CURRENT LIABILITIES:    
Current maturities of long-term debt, less debt issuance costs 25,000 648,000
Current maturities of finance lease liabilities 248,000 48,000
Current maturities of operating lease liabilities 143,000 225,000
Accounts payable 1,821,000 1,693,000
Accrued expenses 1,343,000 2,036,000
Deferred revenue 58,000 6,000
Total current liabilities 3,638,000 4,656,000
LONG TERM LIABILITIES:    
Long-term debt, less current maturities and debt issuance costs 174,000 362,000
Finance lease liabilities, less current maturities 199,000 116,000
Operating lease liabilities, less current maturities 64,000 92,000
Common stock warrant liabilities 2,207,000 1,325,000
Total liabilities 6,282,000 6,551,000
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock - $0.01 par value, 15,000,000 shares authorized at June 30, 2021 and December 31, 2020, 47 shares issued and outstanding at June 30, 2021 and December 31, 2020, liquidation preference of $427 at June 30, 2021
Common stock, $0.01 par value, 150,000,000 shares authorized at June 30, 2021 and December 31, 2020, 22,707,063 and 17,576,916 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 227,000 176,000
Additional paid-in capital 103,029,000 85,523,000
Accumulated deficit (76,029,000) (71,564,000)
Total Precipio, Inc. stockholders' equity 27,227,000 14,135,000
Noncontrolling interest in joint venture 31,000 27,000
Total stockholders' equity 27,258,000 14,162,000
Total liabilities and stockholders' equity $ 33,540,000 $ 20,713,000