Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 2,872,000	$ 3,513,000
Accounts receivable, net of allowance for doubtful accounts of $277,000 ($274,000 at December 31, 2017)	1,549,000	1,687,000
Accounts receivable – related party	100,000	862,000
Inventories, net of reserves of $840,000 ($1,069,000 at December 31, 2017)	5,221,000	4,798,000
Prepaid expenses and other current assets	557,000	594,000
Total current assets	10,299,000	11,454,000
Restricted cash	1,000,000	1,000,000
Equipment, net	3,265,000	2,996,000
Goodwill	13,976,000	13,976,000
Intangible assets, net	21,590,000	21,629,000
Other assets	51,000	56,000
Total assets	50,181,000	51,111,000
Current liabilities:
Accounts payable	2,415,000	2,079,000
Accrued payroll and related expenses	441,000	532,000
Deferred revenue	722,000	384,000
Related party payable	606,000	606,000
Other current liabilities	2,211,000	1,863,000
Total current liabilities	6,395,000	5,464,000
Long-term debt-related party	7,200,000	6,700,000
Noncurrent deferred tax liability	4,730,000	4,730,000
Derivative obligations	338,000	597,000
Other non-current liabilities	398,000	408,000
Total liabilities	19,061,000	17,899,000
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value; 2,000,000 shares authorized, none outstanding
Common stock, $0.001 par value; 350,000,000 shares authorized; 11,482,064 issued and outstanding (10,872,428 at December 31, 2017)	11,000	11,000
Paid in capital in excess of par	222,721,000	221,371,000
Accumulated deficit	(190,679,000)	(187,640,000)
Accumulated other comprehensive loss	(36,000)	(43,000)
Total Cesca Therapeutics Inc. stockholders’ equity	32,017,000	33,699,000
Noncontrolling interests	(897,000)	(487,000)
Total equity	31,120,000	33,212,000
Total liabilities and stockholders’ equity	$ 50,181,000	$ 51,111,000