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Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 275,000 $ 1,248,000
Accounts receivable, net 388,000 397,000
Investment in lease, net-current portion 27,000
Inventory, net 479,000 591,000
Prepaid expenses and other current assets 95,000 228,000
Total current assets 1,264,000 2,464,000
Property and equipment, net 70,000 12,000
Investment in lease, net-less current portion 61,000
License and supply agreement, net 1,262,000 1,473,000
Other asset 21,000 21,000
Total assets 2,678,000 3,970,000
Current liabilities:    
Accounts payable 585,000 652,000
Accrued expenses 240,000 237,000
Deferred revenue, current portion 70,000 70,000
Total current liabilities 895,000 959,000
Unsecured long-term note payable, net of debt issuance costs and debt discount of $349 838,000
Long-term portion of deferred revenue 278,000 347,000
Total liabilities 2,011,000 1,306,000
Commitments and Contingencies (Note 13)
Stockholders' equity:    
Preferred stock, $.001 par value; 5,000,000 shares authorized at December 31, 2016 and 2015; no shares issued and outstanding at December 31, 2016 and 2015.
Common stock, $.001 par value; 90,000,000 shares authorized at December 31, 2016 and 2015; 49,782,797 and 48,580,355 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively. 50,000 49,000
Additional paid-in capital 120,835,000 119,797,000
Accumulated other comprehensive income 67,000 71,000
Accumulated deficit (120,285,000) (117,253,000)
Total stockholders' equity 667,000 2,664,000
Total liabilities and stockholders' equity $ 2,678,000 $ 3,970,000