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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 21,205,000 $ 30,657,000
Accounts receivable, trade, net of allowance for doubtful accounts of $68 and $0 at September 30, 2019 and December 31, 2018, respectively 4,313,000 3,045,000
Inventories 5,694,000 3,509,000
Prepaid expenses and other current assets 855,000 353,000
Total current assets 32,067,000 37,564,000
Property and equipment    
Leasehold improvements 1,599,000 1,284,000
Furniture and computer equipment 588,000 706,000
Manufacturing and other equipment 2,247,000 1,657,000
Subtotal 4,434,000 3,647,000
Less: Accumulated depreciation (2,298,000) (2,328,000)
Net property and equipment 2,136,000 1,319,000
Assets held for rent, net 2,976,000
Operating lease right-of-use assets 1,177,000
Investments 1,000,000 6,548,000
Intangible assets, net 16,485,000
Goodwill 28,351,000
Long-term deposits 36,000 36,000
Total assets 84,228,000 45,467,000
Current liabilities    
Accounts payable 1,570,000 720,000
Accrued expenses and other current liabilities 642,000 91,000
Accrued compensation 1,576,000 998,000
Lease liability - operating, current portion 771,000
Lease liability – financing, current portion 14,000
Deferred rent, current portion 130,000
Contingent consideration - current 371,000
Total current liabilities 4,944,000 1,939,000
Deferred rent, long-term 349,000
Long-term lease liability - operating 753,000
Long-term lease liability - financing 6,000
Other long-term liabilities 3,000 31,000
Contingent consideration – long-term 1,560,000
Total liabilities 7,266,000 2,319,000
Commitments and Contingencies (Note 11)
Shareholders’ equity    
Common stock, $0.001 par value; 150,000,000 shares authorized, 20,344,825 and 18,547,406 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 20,000 19,000
Additional paid-in capital 137,392,000 114,160,000
Accumulated deficit (60,450,000) (71,031,000)
Total shareholders’ equity 76,962,000 43,148,000
Total liabilities and shareholders’ equity $ 84,228,000 $ 45,467,000