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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,109 $ 2,530
Accounts receivable (net of allowance for doubtful accounts of $110 in 2017; $36 in 2016) 384 1,247
Inventory – equipment 170 263
Other current assets 357 393
Total current assets 3,020 4,433
Property and equipment, net 145 156
Intangible assets, net 3,877 4,122
Goodwill 6,158 6,158
Other assets 250 275
Total assets 13,450 15,144
Current liabilities:    
Accounts payable and accrued liabilities 5,019 6,746
Current portion of related party debt 382 664
Current portion of third party debt 356 0
Current portion of contingent consideration 2,774 961
Other current liabilities 133 199
Total current liabilities 8,664 8,570
Non-current portion of related party debt 0 348
Non-current portion of third party debt 786 0
Non-current portion of contingent consideration   1,772
Deferred tax liabilities 512 960
Total liabilities 9,962 11,650
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $10.00 par value, authorized 10,000,000 shares; issued and outstanding 569 Class N shares at December 31, 2017 and December 31, 2016 6 6
Common stock, $0.01 par value, authorized 300,000,000 shares; issued and outstanding 28,480,148 shares at December 31, 2017 and 28,470,148 shares at December 31, 2016 285 285
Additional paid-in capital 284,396 284,149
Accumulated deficit (281,124) (280,875)
Accumulated other comprehensive loss (75) (71)
Total stockholders’ equity 3,488 3,494
Total liabilities and stockholders’ equity $ 13,450 $ 15,144