XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 6,734 $ 5,694
Accounts receivable, net of allowance for doubtful accounts of $7 at June 30, 2019 and $0 at December 31, 2018. 376 968
Inventory, net 319 29
Other current assets 271 233
Total Current Assets 7,700 6,924
Property and equipment, net 222 244
Other assets 286 332
Operating lease right-of-use assets 2,060 0
Intangible assets, net of accumulated amortization 76 82
Goodwill 3,416 3,416
Total Assets 13,760 10,998
Current Liabilities:    
Accounts payable 552 678
Deferred revenue 1,073 1,215
Accrued expenses 1,346 888
Operating lease liabilities, current portion 239 0
Derivative liabilities 1,008 1,065
Total Current Liabilities 4,218 3,846
Other long-term liabilities 118 147
Lease liabilities, net of current portion 1,942 0
Pension obligation 1,928 1,876
Total Liabilities 8,206 5,869
Mezzanine Equity:    
Series C Convertible Redeemable Preferred Stock, $0.01 par value, designated 1,000 shares, 1,000 shares issued and outstanding at June 30, 2019 and December 31, 2018; liquidation preference $10,000 at June 30, 2019 and December 31, 2018. 8,526 8,156
Shareholders' Equity (Deficit):    
Common Stock, $0.01 par value, 175,000,000 shares authorized; 106,552,389 and 98,230,336 shares issued at June 30, 2019 (unaudited) and December 31, 2018, respectively, and 106,545,685 and 98,223,632 shares outstanding at June 30, 2019 (unaudited) and December 31, 2018, respectively. 1,065 981
Additional paid in capital 192,565 184,130
Treasury stock, at cost 6,704 shares (64) (64)
Accumulated other comprehensive loss (1,433) (1,428)
Accumulated deficit (195,107) (186,648)
Total Shareholders' Deficit (2,972) (3,027)
Total Liabilities, Mezzanine Equity and Shareholders' Deficit 13,760 10,998
Series A Preferred Stock [Member]    
Shareholders' Equity (Deficit):    
Preferred stock 0 0
Series B Preferred Stock [Member]    
Shareholders' Equity (Deficit):    
Preferred stock $ 2 $ 2