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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 3,071,000 $ 3,513,000
Accounts receivable, net of allowance for doubtful accounts of $281,000 ($274,000 at December 31, 2017) 1,814,000 1,687,000
Accounts receivable – related party 30,000 862,000
Inventories, net of reserves of $0 ($1,069,000 at December 31, 2017) 5,156,000 4,798,000
Prepaid expenses and other current assets 335,000 594,000
Total current assets 10,406,000 11,454,000
Restricted cash 1,000,000 1,000,000
Equipment, net 3,466,000 2,996,000
Goodwill 1,281,000 13,976,000
Intangible assets, net 7,039,000 21,629,000
Other assets 51,000 56,000
Total assets 23,243,000 51,111,000
Current liabilities:    
Accounts payable 2,048,000 2,079,000
Accrued payroll and related expenses 581,000 532,000
Deferred revenue 718,000 384,000
Related party payable 606,000
Other current liabilities 2,053,000 1,863,000
Total current liabilities 5,400,000 5,464,000
Long-term debt-related party 7,200,000 6,700,000
Noncurrent deferred tax liability 1,279,000 4,730,000
Derivative obligations 30,000 597,000
Other non-current liabilities 371,000 408,000
Total liabilities 14,280,000 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; 20,649,147 issued and outstanding (10,872,428 at December 31, 2017) 21,000 11,000
Paid in capital in excess of par 227,694,000 221,371,000
Accumulated deficit (217,337,000) (187,640,000)
Accumulated other comprehensive loss (15,000) (43,000)
Total Cesca Therapeutics Inc. stockholders’ equity 10,363,000 33,699,000
Noncontrolling interests (1,400,000) (487,000)
Total equity 8,963,000 33,212,000
Total liabilities and stockholders’ equity $ 23,243,000 $ 51,111,000