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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 30,657 $ 6,663
Accounts receivable, trade, net of allowance for doubtful accounts of $0 and $6 at December 31, 2018 and 2017, respectively 3,045 1,021
Inventories 3,509 1,847
Prepaid expenses and other current assets 353 400
Total current assets 37,564 9,931
Property and equipment    
Leasehold improvements 1,284 1,284
Furniture and computer equipment 706 682
Manufacturing and other equipment 1,657 1,149
Subtotal 3,647 3,115
Less: Accumulated depreciation (2,328) (2,009)
Net property and equipment 1,319 1,106
Investment in SAVSU 6,548 1,070
Long-term deposits 36 36
Total assets 45,467 12,143
Current liabilities    
Accounts payable 720 691
Accrued expenses and other current liabilities 91 201
Accrued compensation 998 491
Deferred rent, current portion 130 130
Total current liabilities 1,939 1,513
Deferred rent, long-term 349 492
Other long-term liabilities 31 46
Total liabilities 2,319 2,051
Commitments and Contingencies (Note 8)
Shareholders’ equity    
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 0 and 4,250 shares issued and outstanding at December 31, 2018 and 2017, respectively
Common stock, $0.001 par value; 150,000,000 shares authorized, 18,547,406 and 14,021,422 shares issued and outstanding at December 31, 2018 and 2017, respectively 19 14
Additional paid-in capital 114,160 84,036
Accumulated deficit (71,031) (73,958)
Total shareholders’ equity 43,148 10,092
Total liabilities and shareholders’ equity $ 45,467 $ 12,143