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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 1,706 $ 3,476
Accounts receivable, net 1,007 1,548
Projects in process 159
Inventory 1,544 696
Prepaid expenses and other current assets 2,007 1,949
Total current assets 6,423 7,669
Investment in joint venture 3 3
Property and equipment, net 2,008 2,031
Total assets 8,434 9,703
Current liabilities:    
Accounts payable 1,355 1,286
Accrued payroll and employee benefits 1,018 1,001
Accrued expenses 139 172
Deferred revenues 1,580 1,921
Current portion of capital lease obligations 233 228
Total current liabilities 4,325 4,608
Capital lease obligations, net of current portion 916 960
Total liabilities 5,241 5,568
Commitments and contingencies
Stockholders' equity:    
Series B Preferred stock, 54,425 shares authorized with par value $0.001 per share; 83 shares issued and outstanding at March 31, 2017 and December 31, 2016. (In the event of dissolution, each share of Series B Preferred stock has a liquidation preference equal to par value of $0.001 per share over the shares of common stock)
Common stock, 70,000,000 shares authorized with par value $0.001 per share; 48,844,503 and 48,844,503 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 49 49
Additional paid-in capital 183,687 183,667
Accumulated other comprehensive loss (164) (171)
Accumulated deficit (179,913) (179,040)
Total Neonode Inc. stockholders' equity 3,659 4,505
Noncontrolling interests (466) (370)
Total stockholders' equity 3,193 4,135
Total liabilities and stockholders' equity $ 8,434 $ 9,703