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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 247 $ 230
Accounts receivable, net 1,643 1,991
Inventories 3,655 3,415
Prepaid expenses and other current assets 82 154
Total current assets 5,627 5,790
Property and equipment, net 1,964 2,091
In-process research and development 4,620 4,620
Trademarks, trade names 1,240 1,240
Goodwill 2,453 2,453
Other assets 384 245
Total assets 16,288 16,439
Current liabilities:    
Secured lines of credit and current portion of long-term debt 1,905 2,555
Account payable and accrued expenses 3,995 4,134
Advances - related parties 95 110
Total current liabilities 5,995 6,799
Long-term debt, net of current portion 853 1,209
Total liabilities $ 6,848 $ 8,008
Commitments and contingencies    
Stockholders’ equity :    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 198,355 and 373,355 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively (liquidation value of all classes of preferred stock $1,121 and $2,871 as of June 30, 2015 and December 31, 2014, respectively) $ 962 $ 1,487
Common stock, $0.001 par value; 3.5 billion shares authorized, 20,391,206 and 19,427,331 issued and outstanding as of June 30, 2015 and December 31, 2014, respectively 20 19
Additional paid-in capital 7,784 5,763
Treasury Stock (327) (327)
Accumulated other comprehensive loss (309) (149)
Retained earnings 1,310 1,638
Total stockholders' equity 9,440 8,431
Total liabilities and stockholders' equity $ 16,288 $ 16,439