XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 4,318 $ 4,581
Accounts receivable, net 1,539 1,452
Inventory, net 2,314 1,864
Prepaid expenses and other current assets 266 276
Total current assets 8,437 8,173
Property and equipment, net 89 91
Operating lease right-of-use assets 1,250
Intangible assets, net 569 590
Goodwill 759 748
License and supply agreement, net 871 938
Other assets 39 18
TOTAL ASSETS 12,014 10,558
Current liabilities:    
Secured revolving credit facility 1,021 991
Current portion of secured note payable 203 195
Accounts payable 915 836
Accrued expenses 601 396
Current portion of contingent consideration 329 236
Current portion of operating lease liabilities 223
Total current liabilities 3,292 2,654
Secured note payable, net of current portion 730 843
Contingent consideration, net of current portion 163 263
Operating lease liabilities, net of current portion 1,023
TOTAL LIABILITIES 5,208 3,760
COMMITMENTS AND CONTINGENCIES (Note 16)
STOCKHOLDERS' EQUITY    
Preferred stock, $.001 par value; 5,000,000 shares authorized at June 30, 2019 and December 31, 2018; no shares issued and outstanding at June 30, 2019 and December 31, 2018.
Common stock, $.001 par value; 40,000,000 and 10,000,000 shares authorized at June 30, 2019 and December 31, 2018, respectively; 7,672,816 and 7,179,514 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively. 8 7
Additional paid-in capital 130,169 127,873
Accumulated other comprehensive income 70 71
Accumulated deficit (126,444) (124,153)
Subtotal 3,803 3,798
Noncontrolling interest 3,003 3,000
TOTAL STOCKHOLDERS' EQUITY 6,806 6,798
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,014 $ 10,558