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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash $ 13,223,000 $ 2,656,000
Accounts receivable, net 570,000 874,000
Inventories 680,000 350,000
Other current assets 617,000 324,000
Total current assets 15,090,000 4,204,000
PROPERTY AND EQUIPMENT, NET 813,000 277,000
OTHER ASSETS:    
Finance lease right-of-use assets, net 487,000 204,000
Operating lease right-of-use assets, net 144,000 306,000
Intangibles, net 14,955,000 15,667,000
Other assets 116,000 55,000
Total assets 31,605,000 20,713,000
CURRENT LIABILITIES:    
Current maturities of long-term debt, less debt issuance costs 26,000 648,000
Current maturities of finance lease liabilities 244,000 48,000
Current maturities of operating lease liabilities 93,000 225,000
Accounts payable 1,572,000 1,693,000
Accrued expenses 1,565,000 2,036,000
Deferred revenue 148,000 6,000
Total current liabilities 3,648,000 4,656,000
LONG TERM LIABILITIES:    
Long-term debt, less current maturities and debt issuance costs 167,000 362,000
Finance lease liabilities, less current maturities 187,000 116,000
Operating lease liabilities, less current maturities 57,000 92,000
Common stock warrant liabilities 1,629,000 1,325,000
Total liabilities 5,688,000 6,551,000
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock - $0.01 par value, 15,000,000 shares authorized at September 30, 2021 and December 31, 2020, 47 shares issued and outstanding at September 30, 2021 and December 31, 2020, liquidation preference of $331 at September 30, 2021
Common stock, $0.01 par value, 150,000,000 shares authorized at September 30, 2021 and December 31, 2020, 22,708,292 and 17,576,916 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 227,000 176,000
Additional paid-in capital 103,542,000 85,523,000
Accumulated deficit (77,889,000) (71,564,000)
Total Precipio, Inc. stockholders' equity 25,880,000 14,135,000
Noncontrolling interest in joint venture 37,000 27,000
Total stockholders' equity 25,917,000 14,162,000
Total liabilities and stockholders' equity $ 31,605,000 $ 20,713,000