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Note 16 - Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Quarterly Financial Information [Table Text Block]
   
Balance Sheet
March 31, 2018
 
(In thousands, except share and per share data)
 
As Previously Reported
   
Adjustments
     
As Restated
 
Assets
                         
Current assets
                         
Cash and cash equivalents
  $
7,033
    $
-
 
 
  $
7,033
 
Accounts receivable, trade, net of allowance for doubtful accounts of $6 at March 31, 2018
   
1,043
     
-
 
 
   
1,043
 
Inventories
   
1,837
     
-
 
 
   
1,837
 
Prepaid expenses and other current assets
   
331
     
-
 
 
   
331
 
Total current assets
   
10,244
     
-
 
 
   
10,244
 
                           
Property and equipment, net
   
 
     
-
 
 
   
 
 
Leasehold improvements
   
1,284
     
-
 
 
   
1,284
 
Furniture and computer equipment
   
692
     
-
 
 
   
692
 
Manufacturing and other equipment
   
1,195
     
-
 
 
   
1,195
 
Subtotal
   
3,171
     
-
 
 
   
3,171
 
Less: Accumulated depreciation
   
(2,084
)    
-
 
 
   
(2,084
)
Net property and equipment
   
1,087
     
-
 
 
   
1,087
 
Investment in SAVSU
   
926
     
-
 
 
   
926
 
Long-term deposits
   
36
     
-
 
 
   
36
 
Total assets
  $
12,293
    $
-
 
 
  $
12,293
 
                           
Liabilities and Shareholders’ Equity
                         
Current liabilities
                         
Accounts payable
   
586
     
-
 
 
   
586
 
Accrued expenses and other current liabilities
   
204
     
-
 
 
   
204
 
Accrued compensation
   
392
     
-
 
 
   
392
 
Deferred rent, current portion
   
130
     
-
 
 
   
 
 
Total current liabilities
   
1,312
     
-
 
 
   
1,312
 
Deferred rent, long-term
   
457
     
-
 
 
   
457
 
Warrant liability
   
-
     
14,725
 
(a)
   
14,725
 
Other long-term liabilities
   
52
     
-
 
 
   
52
 
Total liabilities
   
1,821
     
14,725
 
 
   
16,546
 
                           
Commitments and Contingencies
                         
                           
Shareholders’ equity (deficit)
                         
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 4,250 shares issued and outstanding at March 31, 2018
   
-
     
-
 
 
   
-
 
Common stock, $0.001 par value; 150,000,000 shares authorized, 14,145,413 shares issued and outstanding at March 31, 2018
   
14
     
-
 
 
   
14
 
Additional paid-in capital
   
84,518
     
(20,501
)
(a)
   
64,017
 
Accumulated deficit
   
(74,060
)    
5,776
 
(a)
   
(68,284
)
Total shareholders’ equity (deficit)
   
10,472
     
(14,725
)
 
   
(4,253
)
Total liabilities and shareholders’ equity
  $
12,293
    $
-
 
 
  $
12,293
 
   
Balance Sheet
June 30, 2018
 
(In thousands, except share and per share data)
 
As Previously Reported
   
Adjustments
     
As Restated
 
Assets
                         
Current assets
                         
Cash and cash equivalents
  $
14,167
    $
-
 
 
  $
14,167
 
Accounts receivable, trade, net of allowance for doubtful accounts of $0 at June 30, 2018
   
2,166
     
-
 
 
   
2,166
 
Inventories
   
2,122
     
-
 
 
   
2,122
 
Prepaid expenses and other current assets
   
352
     
-
 
 
   
352
 
Total current assets
   
18,807
     
-
 
 
   
18,807
 
                           
Property and equipment, net
   
 
     
-
 
 
   
 
 
Leasehold improvements
   
1,284
     
-
 
 
   
1,284
 
Furniture and computer equipment
   
693
     
-
 
 
   
693
 
Manufacturing and other equipment
   
1,230
     
-
 
 
   
1,230
 
Subtotal
   
3,207
     
-
 
 
   
3,207
 
Less: Accumulated depreciation
   
(2,163
)    
-
 
 
   
(2,163
)
Net property and equipment
   
1,044
     
-
 
 
   
1,044
 
Investment in SAVSU
   
1,900
     
-
 
 
   
1,900
 
Long-term deposits
   
36
     
-
 
 
   
36
 
Total assets
  $
21,787
    $
-
 
 
  $
21,787
 
                           
Liabilities and Shareholders’ Equity
                         
Current liabilities
                         
Accounts payable
   
843
     
-
 
 
   
843
 
Accrued expenses and other current liabilities
   
173
     
-
 
 
   
173
 
Accrued compensation
   
518
     
-
 
 
   
518
 
Deferred rent, current portion
   
130
     
-
 
 
   
 
 
Total current liabilities
   
1,664
     
-
 
 
   
1,664
 
Deferred rent, long-term
   
423
     
-
 
 
   
423
 
Warrant liability
   
-
     
32,599
 
(a)
   
32,599
 
Other long-term liabilities
   
45
     
-
 
 
   
45
 
Total liabilities
   
2,132
     
32,599
 
 
   
34,731
 
                           
Commitments and Contingencies
                         
                           
Shareholders’ equity (deficit)
                         
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 4,250 shares issued and outstanding at June 30, 2018
   
-
     
-
 
 
   
-
 
Common stock, $0.001 par value; 150,000,000 shares authorized, 16,107,505 shares issued and outstanding at June 30, 2018
   
16
     
-
 
 
   
16
 
Additional paid-in capital
   
92,654
     
(10,892
)
(a)
   
81,762
 
Accumulated deficit
   
(73,015
)    
(21,707
)
(a)
   
(94,722
)
Total shareholders’ equity (deficit)
   
19,655
     
(32,599
)
 
   
(12,944
)
Total liabilities and shareholders’ equity
  $
21,787
    $
-
 
 
  $
21,787
 
   
Balance Sheet
September 30, 2018
 
(In thousands, except share and per share data)
 
As Previously Reported
   
Adjustments
     
As Restated
 
Assets
                         
Current assets
                         
Cash and cash equivalents
  $
32,381
    $
-
 
 
  $
32,381
 
Accounts receivable, trade, net of allowance for doubtful accounts of $0 at September 30, 2018
   
2,699
     
-
 
 
   
2,699
 
Inventories
   
2,911
     
-
 
 
   
2,911
 
Prepaid expenses and other current assets
   
298
     
-
 
 
   
298
 
Total current assets
   
38,289
     
-
 
 
   
38,289
 
                           
Property and equipment, net
   
 
     
-
 
 
   
 
 
Leasehold improvements
   
1,284
     
-
 
 
   
1,284
 
Furniture and computer equipment
   
706
     
-
 
 
   
706
 
Manufacturing and other equipment
   
1,511
     
-
 
 
   
1,511
 
Subtotal
   
3,501
     
-
 
 
   
3,501
 
Less: Accumulated depreciation
   
(2,234
)    
-
 
 
   
(2,234
)
Net property and equipment
   
1,267
     
-
 
 
   
1,267
 
Investment in SAVSU
   
6,857
     
-
 
 
   
6,857
 
Long-term deposits
   
36
     
-
 
 
   
36
 
Total assets
  $
46,449
    $
-
 
 
  $
46,449
 
                           
Liabilities and Shareholders’ Equity
                         
Current liabilities
                         
Accounts payable
   
1,090
     
-
 
 
   
1,090
 
Accrued expenses and other current liabilities
   
162
     
-
 
 
   
162
 
Accrued compensation
   
713
     
-
 
 
   
713
 
Deferred rent, current portion
   
130
     
-
 
 
   
 
 
Total current liabilities
   
2,095
     
-
 
 
   
2,095
 
Deferred rent, long-term
   
386
     
-
 
 
   
386
 
Warrant liability
   
-
     
50,425
 
(a)
   
50,425
 
Other long-term liabilities
   
38
     
-
 
 
   
38
 
Total liabilities
   
2,519
     
50,425
 
 
   
52,944
 
                           
Commitments and Contingencies
                         
                           
Shareholders’ equity (deficit)
                         
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 4,250 shares issued and outstanding at September 30, 2018
   
-
     
-
 
 
   
-
 
Common stock, $0.001 par value; 150,000,000 shares authorized, 18,237,425 shares issued and outstanding at September 30, 2018
   
18
     
-
 
 
   
18
 
Additional paid-in capital
   
115,776
     
(3,021
)
(a)
   
112,755
 
Accumulated deficit
   
(71,864
)    
(47,404
)
(a)
   
(119,268
)
Total shareholders’ equity (deficit)
   
43,930
     
(50,425
)
 
   
(6,495
)
Total liabilities and shareholders’ equity
  $
46,449
    $
-
 
 
  $
46,449
 
   
Balance Sheet
March 31, 2019
 
(In thousands, except share and per share data)
 
As Previously Reported
   
Adjustments
     
As Restated
 
Assets
                         
Current assets
                         
Cash and cash equivalents
  $
31,824
    $
-
 
 
  $
31,824
 
Accounts receivable, trade, net of allowance for doubtful accounts of $0 at March 31, 2019
   
2,927
     
-
 
 
   
2,927
 
Inventories
   
4,060
     
-
 
 
   
4,060
 
Prepaid expenses and other current assets
   
346
     
-
 
 
   
346
 
Total current assets
   
39,157
     
-
 
 
   
39,157
 
                           
Property and equipment, net
                         
Leasehold improvements
   
1,284
     
-
 
 
   
1,284
 
Furniture and computer equipment
   
704
     
-
 
 
   
704
 
Manufacturing and other equipment
   
1,803
     
-
 
 
   
1,803
 
Subtotal
   
3,791
     
-
 
 
   
3,791
 
Less: Accumulated depreciation
   
(2,424
)    
-
 
 
   
(2,424
)
Net property and equipment
   
1,367
     
-
 
 
   
1,367
 
Operating lease right-of-use assets
   
1,196
     
-
 
 
   
1,196
 
Investment in SAVSU
   
6,317
     
-
 
 
   
6,317
 
Long-term deposits
   
36
     
-
 
 
   
36
 
Total assets
  $
48,073
    $
-
 
 
  $
48,073
 
                           
Liabilities and Shareholders’ Equity
                         
Current liabilities
                         
Accounts payable
   
1,264
     
-
 
 
   
1,264
 
Accrued expenses and other current liabilities
   
142
     
-
 
 
   
142
 
Accrued compensation
   
630
     
-
 
 
   
630
 
Lease liability - operating, current position
   
651
     
-
 
 
   
651
 
Lease liability - financing, current position
   
14
     
-
 
 
   
14
 
Total current liabilities
   
2,701
     
-
 
 
   
2,701
 
Long-term lease liability - operating
   
980
     
-
 
 
   
980
 
Long-term lease liability - financing
   
13
     
-
 
 
   
13
 
Warrant liability
   
-
     
48,106
 
(a)
   
48,106
 
Other long-term liabilities
   
13
     
-
 
 
   
13
 
Total liabilities
   
3,707
     
48,106
 
 
   
51,813
 
                           
Commitments and Contingencies
                         
                           
Shareholders’ equity (deficit)
                         
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 0 shares issued and outstanding at March 31, 2019
   
-
     
-
 
 
   
-
 
Common stock, $0.001 par value; 150,000,000 shares authorized, 18,717,095 shares issued and outstanding at March 31, 2019
   
19
     
-
 
 
   
19
 
Additional paid-in capital
   
114,951
     
(1,154
)
(a)
   
113,797
 
Accumulated deficit
   
(70,604
)    
(46,952
)
(a)
   
(117,556
)
Total shareholders’ equity (deficit)
   
44,366
     
(48,106
)
 
   
(3,740
)
Total liabilities and shareholders’ equity
  $
48,073
    $
-
 
 
  $
48,073
 
   
Balance Sheet
June 30, 2019
 
(In thousands, except share and per share data)
 
As Previously Reported
   
Adjustments
     
As Restated
 
Assets
                         
Current assets
                         
Cash and cash equivalents
  $
19,617
    $
-
 
 
  $
19,617
 
Accounts receivable, trade, net of allowance for doubtful accounts of $26 at June 30, 2019
   
3,832
     
-
 
 
   
3,832
 
Inventories
   
5,306
     
-
 
 
   
5,306
 
Prepaid expenses and other current assets
   
384
     
-
 
 
   
384
 
Total current assets
   
29,139
     
-
 
 
   
29,139
 
                           
Property and equipment, net
                         
Leasehold improvements
   
1,284
     
-
 
 
   
1,284
 
Furniture and computer equipment
   
577
     
-
 
 
   
577
 
Manufacturing and other equipment
   
1,733
     
-
 
 
   
1,733
 
Subtotal
   
3,594
     
-
 
 
   
3,594
 
Less: Accumulated depreciation
   
(2,276
)    
-
 
 
   
(2,276
)
Net property and equipment
   
1,318
     
-
 
 
   
1,318
 
Operating lease right-of-use assets
   
1,079
     
-
 
 
   
1,079
 
Investment in SAVSU
   
6,100
     
-
 
 
   
6,100
 
Intangible assets, net
   
4,446
     
(430
)
(c)
   
4,016
 
Goodwill
   
9,524
     
(9
)
(b),(c)
   
9,515
 
Long-term deposits
   
136
     
-
 
 
   
136
 
Total assets
  $
51,742
    $
(439
)
 
  $
51,303
 
                           
Liabilities and Shareholders’ Equity
                         
Current liabilities
                         
Accounts payable
   
876
     
-
 
 
   
876
 
Accrued expenses and other current liabilities
   
204
     
-
 
 
   
204
 
Accrued compensation
   
963
     
-
 
 
   
963
 
Lease liability - operating, current position
   
665
     
-
 
 
   
665
 
Lease liability - financing, current position
   
14
     
-
 
 
   
14
 
Contingent consideration - current
   
371
     
70
 
(b)
   
441
 
Total current liabilities
   
3,093
     
70
 
 
   
3,163
 
Long-term lease liability - operating
   
806
     
-
 
 
   
806
 
Long-term lease liability - financing
   
10
     
-
 
 
   
10
 
Warrant liability
   
-
     
44,194
 
(a)
   
44,194
 
Other long-term liabilities
   
7
     
-
 
 
   
7
 
Contingent consideration - long-term
   
1,560
     
(509
)
(b)
   
1,051
 
Total liabilities
   
5,476
     
43,755
 
 
   
49,231
 
                           
Commitments and Contingencies
                         
                           
Shareholders’ equity (deficit)
                         
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 0 shares issued and outstanding at June 30, 2019
   
-
     
-
 
 
   
-
 
Common stock, $0.001 par value; 150,000,000 shares authorized, 18,898,609 shares issued and outstanding at June 30, 2019
   
19
     
-
 
 
   
19
 
Additional paid-in capital
   
116,013
     
(656
)
(a)
   
115,357
 
Accumulated deficit
   
(69,766
)    
(43,538
)
(a),(d)
   
(113,304
)
Total shareholders’ equity (deficit)
   
46,266
     
(44,194
)
 
   
2,072
 
Total liabilities and shareholders’ equity
  $
51,742
    $
(439
)
 
  $
51,303
 
   
Balance Sheet
September 30, 2019
 
(In thousands, except share and per share data)
 
As Previously Reported
   
Adjustments
     
As Restated
 
Assets
                         
Current assets
                         
Cash and cash equivalents
  $
21,205
    $
-
 
 
  $
21,205
 
Accounts receivable, trade, net of allowance for doubtful accounts of $68 at September 30, 2019
   
4,313
     
-
 
 
   
4,313
 
Inventories
   
5,694
     
-
 
 
   
5,694
 
Prepaid expenses and other current assets
   
855
     
-
 
 
   
855
 
Total current assets
   
32,067
     
-
 
 
   
32,067
 
                           
Property and equipment, net
   
 
     
-
 
 
   
 
 
Leasehold improvements
   
1,599
     
-
 
 
   
1,599
 
Furniture and computer equipment
   
588
     
-
 
 
   
588
 
Manufacturing and other equipment
   
2,247
     
-
 
 
   
2,247
 
Subtotal
   
4,434
     
-
 
 
   
4,434
 
Less: Accumulated depreciation
   
(2,298
)    
-
 
 
   
(2,298
)
Net property and equipment
   
2,136
     
-
 
 
   
2,136
 
Assets held for rent, net
   
2,976
     
 
 
 
   
2,976
 
Operating lease right-of-use assets
   
1,177
     
-
 
 
   
1,177
 
Investment in SAVSU
   
1,000
     
-
 
 
   
1,000
 
Intangible assets, net
   
16,485
     
(430
)
(c)
   
16,055
 
Goodwill
   
28,351
     
(9
)
(b),(c)
   
28,342
 
Long-term deposits
   
36
     
-
 
 
   
36
 
Total assets
  $
84,228
    $
(439
)
 
  $
83,789
 
                           
Liabilities and Shareholders’ Equity
                         
Current liabilities
                         
Accounts payable
   
1,570
     
-
 
 
   
1,570
 
Accrued expenses and other current liabilities
   
642
     
-
 
 
   
642
 
Accrued compensation
   
1,576
     
-
 
 
   
1,576
 
Lease liability - operating, current position
   
771
     
-
 
 
   
771
 
Lease liability - financing, current position
   
14
     
-
 
 
   
14
 
Contingent consideration - current
   
371
     
70
 
(b)
   
441
 
Total current liabilities
   
4,944
     
70
 
 
   
5,014
 
Long-term lease liability - operating
   
753
     
-
 
 
   
753
 
Long-term lease liability - financing
   
6
     
-
 
 
   
6
 
Warrant liability
   
-
     
41,771
 
(a)
   
41,771
 
Other long-term liabilities
   
3
     
-
 
 
   
3
 
Contingent consideration - long-term
   
1,560
     
(509
)
(b)
   
1,051
 
Total liabilities
   
7,266
     
41,332
 
 
   
48,598
 
                           
Commitments and Contingencies
                         
                           
Shareholders’ equity (deficit)
                         
Preferred stock, $0.001 par value; 1,000,000 shares authorized, Series A, 4,250 shares designated, and 0 shares issued and outstanding at September 30, 2019
   
 
     
-
 
 
   
-
 
Common stock, $0.001 par value; 150,000,000 shares authorized, 20,344,825 shares issued and outstanding at June 30, 2019
   
20
     
-
 
 
   
20
 
Additional paid-in capital
   
137,392
     
814
 
(a)
   
138,206
 
Accumulated deficit
   
(60,450
)    
(42,585
)
(a),(d)
   
(103,035
)
Total shareholders’ equity (deficit)
   
76,962
     
(41,771
)
 
   
35,191
 
Total liabilities and shareholders’ equity
  $
84,228
    $
(439
)
 
  $
83,789
 
(In thousands, except per share and share data
)
 
Statement of Operations
Three Months Ending March 31, 2018
 
   
As Previously Reported
   
Adjustments
     
As Restated
 
Revenue
  $
3,815
    $
-
 
 
  $
3,815
 
                           
Operating expenses
                         
Cost of revenue
   
1,364
     
-
 
 
   
1,364
 
Research and development
   
346
     
-
 
 
   
346
 
Sales and marketing
   
612
     
-
 
 
   
612
 
General and administrative
   
1,353
     
-
 
 
   
1,353
 
Total operating expenses
   
3,675
     
-
 
 
   
3,675
 
Operating income (loss)
   
140
     
-
 
 
   
140
 
                           
Other income (expenses)
                         
Change in fair value of warrant liability
   
-
     
4,870
 
(a)
   
4,870
 
Interest income
   
8
     
-
 
 
   
8
 
Interest expense
   
(1
)    
-
 
 
   
(1
)
Loss from equity-method investment in SAVSU
   
(144
)    
-
 
 
   
(144
)
Total other income (expenses)
   
(137
)    
4,870
 
 
   
4,733
 
                           
Net income (loss)
   
3
     
4,870
 
 
   
4,873
 
Less: Preferred stock dividends
   
(106
)    
-
 
 
   
(106
)
Net income (loss) attributable to common stockholders
  $
(103
)   $
4,870
 
 
  $
4,767
 
                           
                           
Net income (loss) attributable to common stockholders:
                         
Basic
  $
(103
)   $
3,250
 
 
  $
3,147
 
Diluted
  $
(103
)   $
(179
)
 
  $
(282
)
Earnings per share attributable to common stockholders:
                         
Basic
  $
(0.01
)   $
0.23
 
 
  $
0.22
 
Diluted
  $
(0.01
)   $
(0.01
)
 
  $
(0.02
)
Weighted average shares used to compute earnings per share attributable to common stockholders:
                         
Basic
   
14,098,610
     
-
 
 
   
14,098,610
 
Diluted
   
14,098,610
     
-
 
 
   
14,098,610
 
(In thousands, except per share and share data)
 
Statement of Operations
Three Months Ending June 30, 2018
   
Statement of Operations
Six Months Ending June 30, 2018
 
   
As Previously Reported
   
Adjustments
     
As Restated
   
As Previously Reported
   
Adjustments
     
As Restated
 
Revenue
  $
5,178
    $
-
 
 
  $
5,178
    $
8,993
    $
-
 
 
  $
8,993
 
                                                     
Operating expenses
                                                   
Cost of revenue
   
1,537
     
-
 
 
   
1,537
     
2,901
     
-
 
 
   
2,901
 
Research and development
   
325
     
-
 
 
   
325
     
671
     
-
 
 
   
671
 
Sales and marketing
   
641
     
-
 
 
   
641
     
1,253
     
-
 
 
   
1,253
 
General and administrative
   
1,390
     
-
 
 
   
1,390
     
2,744
     
-
 
 
   
2,744
 
Total operating expenses
   
3,893
     
-
 
 
   
3,893
     
7,569
     
-
 
 
   
7,569
 
Operating income (loss)
   
1,285
     
-
 
 
   
1,285
     
1,424
     
-
 
 
   
1,424
 
                                                     
Other income (expenses)
                                                   
Change in fair value of warrant liability
   
-
     
(27,485
)
(a)
   
(27,485
)    
-
     
(22,615
)
(a)
   
(22,615
)
Interest income
   
32
     
-
 
 
   
32
     
41
     
-
 
 
   
41
 
Interest expense
   
(1
)    
-
 
 
   
(1
)    
(1
)    
-
 
 
   
(1
)
Loss from equity-method investment in SAVSU
   
(177
)    
-
 
 
   
(177
)    
(321
)    
-
 
 
   
(321
)
Total other income (expenses)
   
(146
)    
(27,485
)
 
   
(27,631
)    
(281
)    
(22,615
)
 
   
(22,896
)
                                                     
Net income (loss)
   
1,139
     
(27,485
)
 
   
(26,346
)    
1,143
     
(22,615
)
 
   
(21,472
)
Less: Preferred stock dividends
   
(93
)    
-
 
 
   
(93
)    
(200
)    
-
 
 
   
(200
)
Net income (loss) attributable to common stockholders
   
1,046
     
(27,485
)
 
   
(26,439
)    
943
     
(22,615
)
 
   
(21,672
)
                                                     
                                                     
Net income (loss) attributable to common stockholders:
                                                   
Basic
  $
1,046
    $
(27,485
)
 
  $
(26,439
)   $
943
    $
(22,614
)
 
  $
(21,672
)
Diluted
  $
1,046
    $
(27,485
)
 
  $
(26,439
)   $
943
    $
(22,614
)
 
  $
(21,672
)
Earnings per share attributable to common stockholders:
                                                   
Basic
  $
0.07
    $
(1.81
)
 
  $
(1.74
)   $
0.06
    $
(1.54
)
 
  $
(1.48
)
Diluted
  $
0.05
    $
(1.79
)
 
  $
(1.74
)   $
0.05
    $
(1.53
)
 
  $
(1.48
)
Weighted average shares used to compute earnings per share attributable to common stockholders:
                                                   
Basic
   
15,180,169
     
-
 
 
   
15,180,169
     
14,642,378
     
-
 
 
   
14,642,378
 
Diluted
   
20,374,358
     
(5,194,189
)
 
   
15,180,169
     
19,063,595
     
(4,421,217
)
 
   
14,642,378
 
(In thousands, except per share and share data)
 
Statement of Operations
Three Months Ending September 30, 2018
   
Statement of Operations
Nine Months Ending September 30, 2018
 
   
As Previously Reported
   
Adjustments
     
As Restated
   
As Previously Reported
   
Adjustments
     
As Restated
 
Revenue
  $
5,293
    $
-
 
 
  $
5,293
    $
14,286
    $
-
 
 
  $
14,286
 
                                                     
Operating expenses
                                                   
Cost of revenue
   
1,606
     
-
 
 
   
1,606
     
4,507
     
-
 
 
   
4,507
 
Research and development
   
312
     
-
 
 
   
312
     
983
     
-
 
 
   
983
 
Sales and marketing
   
725
     
-
 
 
   
725
     
1,978
     
-
 
 
   
1,978
 
General and administrative
   
1,455
     
-
 
 
   
1,455
     
4,199
     
-
 
 
   
4,199
 
Total operating expenses
   
4,098
     
-
 
 
   
4,098
     
11,667
     
-
 
 
   
11,667
 
Operating income (loss)
   
1,195
     
-
 
 
   
1,195
     
2,619
     
-
 
 
   
2,619
 
                                                     
Other income (expenses)
                                                   
Change in fair value of warrant liability
   
-
     
(25,696
)
(a)
   
(25,696
)    
-
     
(48,311
)
(a)
   
(48,311
)
Interest income
   
80
     
-
 
 
   
80
     
121
     
-
 
 
   
121
 
Interest expense
   
(1
)    
-
 
 
   
(1
)    
(4
)    
-
 
 
   
(4
)
Loss from equity-method investment in SAVSU
   
(43
)    
-
 
 
   
(43
)    
(363
)    
-
 
 
   
(363
)
Total other income (expenses)
   
36
     
(25,696
)
 
   
(25,660
)    
(246
)    
(48,311
)
 
   
(48,557
)
                                                     
Net income (loss)
   
1,231
     
(25,696
)
 
   
(24,465
)    
2,373
     
(48,311
)
 
   
(45,938
)
Less: Preferred stock dividends
   
(80
)    
-
 
 
   
(80
)    
(279
)    
-
 
 
   
(279
)
Net income (loss) attributable to common stockholders
   
1,151
     
(25,696
)
 
   
(24,545
)    
2,094
     
(48,311
)
 
   
(46,217
)
                                                     
                                                     
Net income (loss) attributable to common stockholders:
                                                   
Basic
  $
1,151
    $
(25,696
)
 
  $
(24,545
)   $
2,094
    $
(48,311
)
 
  $
(46,217
)
Diluted
  $
1,151
    $
(25,696
)
 
  $
(24,545
)   $
2,094
    $
(48,311
)
 
  $
(46,217
)
Earnings per share attributable to common stockholders:
                                                   
Basic
  $
0.07
    $
(1.49
)
 
  $
(1.42
)   $
0.13
    $
(3.11
)
 
  $
(2.98
)
Diluted
  $
0.05
    $
(1.47
)
 
  $
(1.42
)   $
0.10
    $
(3.08
)
 
  $
(2.98
)
Weighted average shares used to compute earnings per share attributable to common stockholders:
                                                   
Basic
   
17,273,412
     
-
 
 
   
17,273,412
     
15,529,026
     
-
 
 
   
15,529,026
 
Diluted
   
23,656,633
     
(6,383,221
)
 
   
17,273,412
     
21,051,219
     
(5,522,193
)
 
   
15,529,026
 
(In thousands, except per share and share data)
 
Statement of Operations
Three Months Ending March 31, 2019
 
   
As Previously Reported
   
Adjustments
     
As Restated
 
Revenue
  $
5,770
    $
-
 
 
  $
5,770
 
                           
Operating expenses
                         
Cost of revenue
   
1,647
     
-
 
(e)
   
1,647
 
Research and development
   
372
     
(13
)
(d),(e)
   
359
 
Sales and marketing
   
848
     
(11
)
(d),(e)
   
837
 
General and administrative
   
2,204
     
(51
)
(d)
   
2,153
 
Acquisition Costs
   
208
     
-
 
 
   
208
 
Total operating expenses
   
5,279
     
(75
)
 
   
5,204
 
Operating income (loss)
   
491
     
75
 
 
   
566
 
                           
Other income (expenses)
                         
Change in fair value of warrant liability
   
-
     
(19,663
)
(a)
   
(19,663
)
Interest income
   
171
     
-
 
 
   
171
 
Interest expense
   
(3
)    
-
 
 
   
(3
)
Loss from equity-method investment in SAVSU
   
(232
)    
-
 
 
   
(232
)
Total other income (expenses)
   
(64
)    
(19,663
)
 
   
(19,727
)
                           
Income (loss) before provision for income taxes
   
427
     
(19,588
)
 
   
(19,161
)
Income taxes
   
-
     
-
 
 
   
-
 
Net income (loss)
   
427
     
(19,588
)
 
   
(19,161
)
                           
Net income (loss) attributable to common stockholders:
                         
Basic
  $
427
    $
(19,588
)
 
  $
(19,161
)
Diluted
  $
427
    $
(19,588
)
 
  $
(19,161
)
Earnings per share attributable to common stockholders:
                         
Basic
  $
0.02
    $
(1.05
)
 
  $
(1.03
)
Diluted
  $
0.02
    $
(1.05
)
 
  $
(1.03
)
Weighted average shares used to compute earnings per share attributable to common stockholders:
                         
Basic
   
18,648,397
     
-
 
 
   
18,648,397
 
Diluted
   
24,358,475
     
(5,710,078
)
 
   
18,648,397
 
(In thousands, except per share and share data)
 
Statement of Operation
Three Months Ending June 30, 2019
   
Statement of Operations
Six Months Ending June 30, 2019
 
   
As Previously Reported
   
Adjustments
     
As Restated
   
As Previously Reported
   
Adjustments
     
As Restated
 
Revenue
  $
6,701
    $
-
 
 
  $
6,701
    $
12,471
    $
-
 
 
  $
12,471
 
                                                     
Operating expenses
                                                   
Cost of product revenue (exclusive of intangible assets amortization)
   
1,958
     
10
 
(d),(e)
   
1,968
     
3,606
     
10
 
(d),(e)
   
3,616
 
Research and development
   
739
     
(48
)
(d),(e)
   
691
     
1,111
     
(61
)
(d),(e)
   
1,050
 
Sales and marketing
   
928
     
17
 
(d),(e)
   
945
     
1,776
     
6
 
(d),(e)
   
1,782
 
General and administrative
   
2,118
     
89
 
(d)
   
2,207
     
4,321
     
38
 
(d)
   
4,359
 
Amort of Intangibles
   
-
     
104
 
(e)
   
104
     
-
     
104
 
(e)
   
104
 
Acquisition Costs
   
39
     
-
 
 
   
39
     
247
     
-
 
 
   
247
 
Total operating expenses
   
5,782
     
172
 
 
   
5,954
     
11,061
     
97
 
 
   
11,158
 
Operating income (loss)
   
919
     
(172
)
 
   
747
     
1,410
     
(97
)
 
   
1,313
 
                                                     
Other income (expenses)
                                                   
Change in fair value of warrant liability
   
-
     
3,586
 
(a)
   
3,586
     
-
     
(16,077
)
(a)
   
(16,077
)
Interest income
   
137
     
-
 
 
   
137
     
307
     
-
 
 
   
307
 
Interest expense
   
(1
)    
-
 
 
   
(1
)    
(4
)    
-
 
 
   
(4
)
Other Expense
   
-
     
-
 
 
   
-
     
-
     
-
 
 
   
-
 
Loss from equity-method investment in SAVSU
   
(217
)    
-
 
 
   
(217
)    
(448
)    
-
 
 
   
(448
)
Gain on Acquisition of SAVSU
   
-
     
-
 
 
   
-
     
-
     
-
 
 
   
-
 
Total other income (expenses)
   
(81
)    
3,586
 
 
   
3,505
     
(145
)    
(16,077
)
 
   
(16,222
)
                                                     
Income (loss) before provision for income taxes
   
838
     
3,414
 
 
   
4,252
     
1,265
     
(16,174
)
 
   
(14,909
)
Income taxes
   
-
     
-
 
 
   
-
     
-
     
-
 
 
   
-
 
Net income (loss)
   
838
     
3,414
 
 
   
4,252
     
1,265
     
(16,174
)
 
   
(14,909
)
                                                     
                                                     
Net income (loss) attributable to common stockholders:
                                                   
Basic
  $
838
    $
2,587
 
 
  $
3,425
    $
1,265
    $
(16,174
)
 
  $
(14,909
)
Diluted
  $
838
    $
(293
)
 
  $
545
    $
1,265
    $
(16,174
)
 
  $
(14,909
)
Earnings per share attributable to common stockholders:
                                                   
Basic
  $
0.04
    $
0.14
 
 
  $
0.18
    $
0.07
    $
(0.87
)
 
  $
(0.80
)
Diluted
  $
0.03
    $
(0.01
)
 
  $
0.02
    $
0.05
    $
(0.85
)
 
  $
(0.80
)
Weighted average shares used to compute earnings per share attributable to common stockholders:
                                                   
Basic
   
18,819,459
     
-
 
 
   
18,819,459
     
18,734,401
     
-
 
 
   
18,734,401
 
Diluted
   
24,539,299
     
-
 
 
   
24,539,299
     
24,439,959
     
(5,705,558
)
 
   
18,734,401
 
(In thousands, except per share and share data)
 
Statement of Operations
Three Months Ending September 30, 2019
   
Statement of Operations
Nine Months Ending September 30, 2019
 
   
As Previously Reported
   
Adjustments
     
As Restated
   
As Previously Reported
   
Adjustments
     
As Restated
 
Revenue
  $
6,604
    $
-
 
 
  $
6,604
    $
19,075
    $
-
 
 
  $
19,075
 
                                                     
Operating expenses
                                                   
Cost of product and rental revenue (exclusive of intangible assets amortization)
   
2,084
     
10
 
(d),(e)
   
2,094
     
5,690
     
20
 
(d),(e)
   
5,710
 
Research and development
   
1,309
     
(277
)
(d),(e)
   
1,032
     
2,420
     
(338
)
(d),(e)
   
2,082
 
Sales and marketing
   
1,259
     
(9
)
(d),(e)
   
1,250
     
3,035
     
(3
)
(d),(e)
   
3,032
 
General and administrative
   
2,258
     
90
 
(d)
   
2,348
     
6,579
     
128
 
(d)
   
6,707
 
Amort of Intangibles
   
-
     
361
 
(e)
   
361
     
-
     
465
 
(e)
   
465
 
Acquisition Costs
   
291
     
-
 
 
   
291
     
538
     
-
 
 
   
538
 
Total operating expenses
   
7,201
     
175
 
 
   
7,376
     
18,262
     
272
 
 
   
18,534
 
Operating income (loss)
   
(597
)    
(175
)
 
   
(772
)    
813
     
(272
)
 
   
541
 
                                                     
Other income (expenses)
                                                   
Change in fair value of warrant liability
   
-
     
1,128
 
(a)
   
1,128
     
-
     
(14,949
)
(a)
   
(14,949
)
Interest income
   
110
     
-
 
 
   
110
     
417
     
-
 
 
   
417
 
Interest expense
   
(1
)    
-
 
 
   
(1
)    
(5
)    
-
 
 
   
(5
)
Other Expense
   
(13
)    
-
 
 
   
(13
)    
(13
)    
-
 
 
   
(13
)
Loss from equity-method investment in SAVSU
   
(291
)    
-
 
 
   
(291
)    
(739
)    
-
 
 
   
(739
)
Gain on Acquisition of SAVSU
   
10,108
     
-
 
 
   
10,108
     
10,108
     
-
 
 
   
10,108
 
Total other income (expenses)
   
9,913
     
1,128
 
 
   
11,041
     
9,768
     
(14,949
)
 
   
(5,181
)
                                                     
Income (loss) before provision for income taxes
   
9,316
     
953
 
 
   
10,269
     
10,581
     
(15,221
)
 
   
(4,640
)
Income taxes
   
-
     
-
 
 
   
-
     
-
     
-
 
 
   
-
 
Net income (loss)
   
9,316
     
953
 
 
   
10,269
     
10,581
     
(15,221
)
 
   
(4,640
)
                                                     
                                                     
Net income (loss) attributable to common stockholders:
                                                   
Basic
  $
9,316
    $
(936
)
 
  $
8,380
    $
10,581
    $
(15,221
)
 
  $
(4,640
)
Diluted
   
9,316
     
(454
)
 
   
8,862
     
10,581
     
(15,221
)
 
   
(4,640
)
Earnings per share attributable to common stockholders:
                                                   
Basic
  $
0.47
    $
(0.05
)
 
  $
0.42
    $
0.55
    $
(0.79
)
 
  $
(0.24
)
Diluted
  $
0.37
    $
(0.02
)
 
  $
0.35
    $
0.43
    $
(0.67
)
 
  $
(0.24
)
Weighted average shares used to compute earnings per share attributable to common stockholders:
                                                   
Basic
   
19,735,364
     
-
 
 
   
19,735,364
     
19,071,722
     
-
 
 
   
19,071,722
 
Diluted
   
25,343,112
     
-
 
 
   
25,343,112
     
24,705,424
     
(5,633,702
)
 
   
19,071,722
 
   
Three Months Ended March 30, 2018
 
(In thousands)
 
As Previously Reported
   
Adjustments
     
Restated
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
   
 
 
 
Net income
  $
3
    $
4,870
 
(a)
  $
4,873
 
Adjustments to reconcile net income to net cash provided by operating activities
                         
Depreciation
   
78
     
-
 
 
   
78
 
Stock-based compensation
   
373
     
-
 
 
   
373
 
Amortization of deferred rent related to lease incentives
   
(32
)    
-
 
 
   
(32
)
Amortization of debt discount
   
-
     
-
 
 
   
-
 
Loss from equity method investment in SAVSU
   
144
     
-
 
 
   
144
 
Change in fair value of warrant liability
   
-
     
(4,870
)
(a)
   
(4,870
)
                           
Change in operating assets and liabilities
                         
(Increase) Decrease in
                         
Accounts receivable, trade, net
   
(23
)    
-
 
 
   
(23
)
Inventories
   
10
     
-
 
 
   
10
 
Prepaid expenses and other current assets
   
12
     
-
 
 
   
12
 
(Increase) Decrease in
                         
Accounts payable
   
(69
)    
-
 
 
   
(69
)
Accrued compensation and other current liabilities
   
(101
)    
-
 
 
   
(101
)
Deferred rent
   
(3
)    
-
 
 
   
(3
)
Net cash provided by operating activities
   
392
     
-
 
 
   
392
 
                           
Cash flows from investing activities
 
 
 
 
 
 
 
 
   
 
 
 
Purchase of property and equipment
   
(41
)    
-
 
 
   
(41
)
Net cash used in investing activities
   
(41
)    
-
 
 
   
(41
)
                           
Cash flows from financing activities
 
 
 
 
 
 
 
 
   
 
 
 
Payments on equipment loan
   
(2
)    
-
 
 
   
(2
)
Payments on capital lease obligation
   
(3
)    
-
 
 
   
(3
)
Proceeds from exercise of common stock options and warrants
   
130
     
-
 
 
   
130
 
Payments of preferred stock dividends
   
(106
)    
-
 
 
   
(106
)
Net cash provided by financing activities
   
19
     
-
 
 
   
19
 
                           
Net increase (decrease) in cash and cash equivalents
   
370
     
-
 
 
   
370
 
                        -  
Cash and cash equivalents – beginning of period
   
6,663
     
-
 
 
   
6,663
 
Cash and cash equivalents – end of year
  $
7,033
    $
-
 
 
  $
7,033
 
Non-cash investing and financing activities
                         
Stock issued for services provided in prior period included in liabilities at year-end
  $
36
    $
-
 
 
  $
36
 
Purchase of equipment with debt
   
18
     
-
 
 
   
18
 
Series A preferred stock dividends accrued not yet paid
   
106
     
-
 
 
   
106
 
Reclassification of warrant liabilities to equity upon exercise
  $
-
    $
29
 
 
  $
29
 
   
Six Months Ended June 30, 2018
 
(In thousands
)
 
As Previously Reported  
 
 
Adjustments
     
Restated
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
   
 
 
 
Net income (loss)
  $
1,143
    $
(22,615
)
(a)
  $
(21,472
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
                         
Depreciation
   
161
     
-
 
 
   
161
 
Stock-based compensation
   
748
     
-
 
 
   
748
 
Stock issued for services
                         
Amortization of deferred rent related to lease incentives
   
(63
)    
-
 
 
   
(63
)
Loss from equity method investment in SAVSU
   
321
     
-
 
 
   
321
 
Change in fair value of warrant liability
   
-
     
22,615
 
(a)
   
22,615
 
                           
Change in operating assets and liabilities
                         
(Increase) Decrease in
                         
Accounts receivable, trade, net
   
(1,145
)    
-
 
 
   
(1,145
)
Inventories
   
(275
)    
-
 
 
   
(275
)
Prepaid expenses and other current assets
   
(103
)    
-
 
 
   
(103
)
Accounts payable
   
168
     
-
 
 
   
168
 
Accrued compensation and other current liabilities
   
6
     
-
 
 
   
6
 
Deferred rent
   
(6
)    
-
 
 
   
(6
)
Net cash provided by operating activities
   
955
     
-
 
 
   
955
 
                           
Cash flows from investing activities
 
 
 
 
 
 
 
 
   
 
 
 
Investment in equity investment SAVSU
   
(1,000
)    
-
 
 
   
(1,000
)
Purchase of property and equipment
   
(61
)    
-
 
 
   
(61
)
Net cash used in investing activities
   
(1,061
)    
-
 
 
   
(1,061
)
                           
Cash flows from financing activities
 
 
 
 
 
 
 
 
   
 
 
 
Payments on equipment loan
   
(5
)    
-
 
 
   
(5
)
Payments on capital lease obligation
   
(7
)    
-
 
 
   
(7
)
Proceeds from exercise of common stock options and warrants
   
8,899
     
-
 
 
   
8,899
 
Payments of preferred stock dividends
   
(213
)    
-
 
 
   
(213
)
Payments for redemption of preferred stock
   
(1,063
)    
-
 
 
   
(1,063
)
Net cash provided by financing activities
   
7,611
     
-
 
 
   
7,611
 
                           
Net increase (decrease) in cash and cash equivalents
   
7,505
     
-
 
 
   
7,505
 
                        -  
Cash and cash equivalents – beginning of period
   
6,663
     
-
 
 
   
6,663
 
Cash and cash equivalents – end of year
  $
14,168
    $
-
 
 
  $
14,168
 
Non-cash investing and financing activities
                         
Series A preferred stock dividends accrued not yet paid
  $
93
    $
-
 
 
  $
93
 
Stock issued for services provided in prior period included in liabilities at year-end
   
36
     
-
 
 
   
36
 
Receivables converted to equity investment in SAVSU
   
150
     
-
 
 
   
150
 
Purchase of equipment with debt
   
18
     
-
 
 
   
18
 
Purchase of property and equipment not yet paid
   
20
     
-
 
 
   
20
 
Reclassification of warrant liabilities to equity upon exercise
  $
-
    $
9,639
 
 
  $
9,639
 
   
Nine Months Ended September 30, 2018
 
(In thousands)
 
As Previously Reported
   
Adjustments
     
Restated
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
   
 
 
 
Net income (loss)
  $
2,373
    $
(48,311
)
(a)
  $
(45,938
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
                         
Depreciation
   
245
     
-
 
 
   
245
 
Stock-based compensation
   
1,131
     
-
 
 
   
1,131
 
Stock issued for services
                         
Write off of deferred financing costs
                         
Amortization of deferred rent related to lease incentives
   
(95
)    
-
 
 
   
(95
)
Loss from equity method investment in SAVSU
   
363
     
-
 
 
   
363
 
Change in fair value of warrant liability
   
-
     
48,311
 
(a)
   
48,311
 
                           
Change in operating assets and liabilities
                         
(Increase) Decrease in
                         
Accounts receivable, trade, net
   
(1,678
)    
-
 
 
   
(1,678
)
Inventories
   
(1,064
)    
-
 
 
   
(1,064
)
Prepaid expenses and other current assets
   
(49
)    
-
 
 
   
(49
)
Accounts payable
   
343
     
-
 
 
   
343
 
Accrued compensation and other current liabilities
   
205
     
-
 
 
   
205
 
Deferred rent
   
(11
)    
-
 
 
   
(11
)
Net cash provided by operating activities
   
1,763
     
-
 
 
   
1,763
 
                           
Cash flows from investing activities
 
 
 
 
 
 
 
 
   
 
 
 
Investment in equity investment SAVSU
   
(6,000
)    
-
 
 
   
(6,000
)
Purchase of property and equipment
   
(339
)    
-
 
 
   
(339
)
Net cash used in investing activities
   
(6,339
)    
-
 
 
   
(6,339
)
                           
Cash flows from financing activities
 
 
 
 
 
 
 
 
   
 
 
 
Proceeds from private equity transaction
   
20,000
     
-
 
 
   
20,000
 
Payments on equipment loan
   
(9
)    
-
 
 
   
(9
)
Payments on capital lease obligation
   
(10
)    
-
 
 
   
(10
)
Proceeds from exercise of common stock options and warrants
   
11,725
     
-
 
 
   
11,725
 
Payments of preferred stock dividends
   
(306
)    
-
 
 
   
(306
)
Payments for redemption of preferred stock
   
(1,063
)    
-
 
 
   
(1,063
)
Deferred costs related to security issuance
   
(43
)    
-
 
 
   
(43
)
Net cash provided by financing activities
   
30,294
     
-
 
 
   
30,294
 
                           
Net increase (decrease) in cash and cash equivalents
   
25,718
     
-
 
 
   
25,718
 
                        -  
Cash and cash equivalents – beginning of period
   
6,663
     
-
 
 
   
6,663
 
Cash and cash equivalents – end of year
  $
32,381
    $
-
 
 
  $
32,381
 
Non-cash investing and financing activities
                         
Series A preferred stock dividends accrued not yet paid
  $
80
    $
-
 
 
  $
80
 
Stock issued for services provided in prior period included in liabilities at year-end
   
36
     
-
 
 
   
36
 
Receivables converted to equity investment in SAVSU
   
150
     
-
 
 
   
150
 
Purchase of equipment with debt
   
18
     
-
 
 
   
18
 
Legal fees for private equity transaction not yet paid
   
43
     
-
 
 
   
43
 
Purchase of property and equipment not yet paid
   
49
     
-
 
 
   
49
 
Reclassification of warrant liabilities to equity upon exercise
  $
-
    $
17,509
 
 
  $
17,509
 
   
Three Months Ended March 30, 2019
 
(In thousands)
 
As Previously Reported
   
Adjustments
     
Restated
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
   
 
 
 
Net income (loss)
  $
427
    $
(19,588
)
(a)
  $
(19,161
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
                         
Depreciation
   
98
     
-
 
 
   
98
 
Stock-based compensation
   
606
     
(75
)
(d)
   
531
 
Amortization of operating lease liability
   
(43
)    
-
 
 
   
(43
)
Interest expense - finance type lease
   
2
     
-
 
 
   
2
 
Loss from equity method investment in SAVSU
   
232
     
-
 
 
   
232
 
Change in fair value of warrant liability
   
-
     
19,663
 
(a)
   
19,663
 
                           
Change in operating assets and liabilities
                         
(Increase) Decrease in
                         
Accounts receivable, trade, net
   
118
     
-
 
 
   
118
 
Inventories
   
(551
)    
-
 
 
   
(551
)
Prepaid expenses and other current assets
   
6
     
-
 
 
   
6
 
(Increase) Decrease in
                         
Accounts payable
   
553
     
-
 
 
   
553
 
Accrued compensation and other current liabilities
   
(302
)    
-
 
 
   
(302
)
Net cash provided by operating activities
   
1,146
     
-
 
 
   
1,146
 
                           
Cash flows from investing activities
 
 
 
 
 
 
 
 
   
 
 
 
Purchase of property and equipment
   
(156
)    
-
 
 
   
(156
)
Net cash used in investing activities
   
(156
)    
-
 
 
   
(156
)
                           
Cash flows from financing activities
 
 
 
 
 
 
 
 
   
 
 
 
Payments on equipment loan
   
(4
)    
-
 
 
   
(4
)
Payments on capital lease obligation
   
(4
)    
-
 
 
   
(4
)
Proceeds from exercise of common stock options and warrants
   
185
     
-
 
 
   
185
 
Net cash provided by financing activities
   
177
     
-
 
 
   
177
 
                           
Net increase (decrease) in cash and cash equivalents
   
1,167
     
-
 
 
   
1,167
 
                           
Cash and cash equivalents – beginning of period
   
30,657
     
-
 
 
   
30,657
 
Cash and cash equivalents – end of year
  $
31,824
    $
-
 
 
  $
31,824
 
Non-cash investing and financing activities
                         
Stock issued for services provided in prior period included in liabilities at year-end
  $
-
    $
-
 
 
  $
-
 
Purchase of equipment with debt
   
-
     
-
 
 
   
-
 
Series A preferred stock dividends accrued not yet paid
   
-
     
-
 
 
   
-
 
Purchase of property and equipment not yet paid
   
46
     
-
 
 
   
46
 
Reclassification of warrant liabilities to equity upon exercise
  $
-
    $
73
 
 
  $
73
 
   
Six Months Ended June 30, 2019
 
(In thousands)
 
As Previously Reported
   
Adjustments
     
Restated
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
   
 
 
 
Net income (loss)
  $
1,265
    $
(16,174
)
(a)
  $
(14,909
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
                         
Depreciation
   
209
     
-
 
 
   
209
 
Stock-based compensation
   
1,252
     
97
 
(d)
   
1,349
 
Amortization of deferred rent related to lease incentives
   
-
     
-
 
 
   
-
 
Amortization of operating lease liability
   
(87
)    
-
 
 
   
(87
)
Interest expense - finance type lease
   
2
     
-
 
 
   
2
 
Loss from equity method investment in SAVSU
   
448
     
-
 
 
   
448
 
Amortization of intangible assets
   
104
     
-
 
 
   
104
 
Change in fair value of warrant liability
   
-
     
16,077
 
(a)
   
16,077
 
                           
Change in operating assets and liabilities
                         
(Increase) Decrease in
                         
Accounts receivable, trade, net
   
(632
)    
-
 
 
   
(632
)
Inventories
   
(1,341
)    
-
 
 
   
(1,341
)
Prepaid expenses and other current assets
   
(32
)    
-
 
 
   
(32
)
(Increase) Decrease in
   
 
     
 
 
 
   
-
 
Accounts payable
   
(36
)    
-
 
 
   
(36
)
Accrued compensation and other current liabilities
   
(20
)    
-
 
 
   
(20
)
Deferred rent
   
-
     
-
 
 
   
-
 
Other liabilities
   
(53
)    
-
 
 
   
(53
)
Net cash provided by operating activities
   
1,079
     
-
 
 
   
1,079
 
                           
Cash flows from investing activities
 
 
 
 
 
 
 
 
   
 
 
 
Payments related to the Astero Bio Acquisition, net of cash acquired
   
(12,438
)    
-
 
 
   
(12,438
)
Investment in equity investment SAVSU
   
-
     
-
 
 
   
-
 
Purchase of property and equipment
   
(267
)    
-
 
 
   
(267
)
Net cash used in investing activities
   
(12,705
)    
-
 
 
   
(12,705
)
                           
Cash flows from financing activities
 
 
 
 
 
 
 
 
   
 
 
 
Payments on equipment loan
   
(8
)    
-
 
 
   
(8
)
Payments on capital lease obligation
   
(7
)    
-
 
 
   
(7
)
Proceeds from exercise of common stock options and warrants
   
600
     
-
 
 
   
600
 
Net cash provided by financing activities
   
585
     
-
 
 
   
585
 
                           
Net increase (decrease) in cash and cash equivalents
   
(11,041
)    
-
 
 
   
(11,041
)
                           
Cash and cash equivalents – beginning of period
   
30,657
     
-
 
 
   
30,657
 
Cash and cash equivalents – end of year
  $
19,616
    $
-
 
 
  $
19,616
 
Non-cash investing and financing activities
                         
Series A preferred stock dividends accrued not yet paid
  $
-
    $
-
 
 
  $
-
 
Stock issued for services provided in prior period included in liabilities at year-end
   
-
     
-
 
 
   
-
 
Receivables converted to equity investment in SAVSU
   
-
     
-
 
 
   
-
 
Purchase of equipment with debt
   
-
     
-
 
 
   
-
 
Purchase of property and equipment not yet paid
   
4
     
-
 
 
   
4
 
Reclassification of warrant liabilities to equity upon exercise
  $
-
    $
400
 
 
  $
400
 
   
Nine Months Ended September 30, 2019
 
(In thousands)
 
As Previously Reported
   
Adjustments
     
Restated
 
Cash flows from operating activities
 
 
 
 
 
 
 
 
   
 
 
 
Net income (loss)
  $
10,581
    $
(15,221
)
(a)
  $
(4,640
)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
                         
Depreciation
   
373
     
-
 
 
   
373
 
Loss on disposal of property and equipment
   
13
     
-
 
 
   
13
 
Stock-based compensation
   
1,907
     
272
 
(d)
   
2,179
 
Amortization of operating lease liability
   
(132
)    
-
 
 
   
(132
)
Interest expense - finance type lease
   
2
     
-
 
 
   
2
 
Loss from equity method investment in SAVSU
   
739
     
-
 
 
   
739
 
Gain on acquisition of SAVSU
   
(10,108
)    
-
 
 
   
(10,108
)
Amortization of intangible assets
   
465
     
-
 
 
   
465
 
Change in fair value of warrant liability
   
-
     
14,949
 
(a)
   
14,949
 
                           
Change in operating assets and liabilities
                         
(Increase) Decrease in
                         
Accounts receivable, trade, net
   
(372
)    
-
 
 
   
(372
)
Inventories
   
(1,730
)    
-
 
 
   
(1,730
)
Prepaid expenses and other current assets
   
(272
)    
-
 
 
   
(272
)
Other assets, net
   
(87
)    
-
 
 
   
(87
)
(Increase) Decrease in
                         
Accounts payable
   
377
     
-
 
 
   
377
 
Accrued compensation and other current liabilities
   
558
     
-
 
 
   
558
 
Other liabilities
   
(98
)    
-
 
 
   
(98
)
Net cash provided by operating activities
   
2,216
     
-
 
 
   
2,216
 
                           
Cash flows from investing activities
 
 
 
 
 
 
 
 
   
 
 
 
Cash acquired on acquisition of SAVSU
   
1,251
     
-
 
 
   
1,251
 
Payments related to the Astero Bio Acquisition, net of cash acquired
   
(12,439
)    
-
 
 
   
(12,439
)
Investment in iVexSol
   
(1,000
)    
-
 
 
   
(1,000
)
Purchase of property and equipment
   
(356
)    
-
 
 
   
(356
)
Purchase of assets held for rent
   
(453
)    
-
 
 
   
(453
)
Net cash used in investing activities
   
(12,997
)    
-
 
 
   
(12,997
)
                           
Cash flows from financing activities
 
 
 
 
 
 
 
 
   
 
 
 
Proceeds from private equity transaction
   
 
     
-
 
 
   
-
 
Payments of costs related to Stock Issuances
   
(44
)    
-
 
 
   
(44
)
Payments on equipment loan
   
(12
)    
-
 
 
   
(12
)
Payments on finance lease obligation
   
(9
)    
-
 
 
   
(9
)
Proceeds from exercise of common stock options and warrants
   
1,394
     
-
 
 
   
1,394
 
Net cash provided by financing activities
   
1,329
     
-
 
 
   
1,329
 
                           
Net increase (decrease) in cash and cash equivalents
   
(9,452
)    
-
 
 
   
(9,452
)
                        -  
Cash and cash equivalents – beginning of period
   
30,657
     
-
 
 
   
30,657
 
Cash and cash equivalents – end of year
  $
21,205
    $
-
 
 
  $
21,205
 
Non-cash investing and financing activities
                         
Purchase of equipment with debt
  $
146
    $
-
 
 
  $
146
 
Purchase of property and equipment not yet paid
   
53
     
-
 
 
   
53
 
Stock issued as consideration to acquire SAVSU
   
19,932
     
-
 
 
   
19,932
 
Reclassification of warrant liabilities to equity upon exercise
  $
-
    $
1,695
 
 
  $
1,695