Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 5,217 $ 879
Accounts receivable, net 45 406
Inventories, net 1,391 1,467
Prepaid expenses and other current assets 360 523
Total current assets 7,013 3,275
Fixed assets, net 273 287
Intangible assets, net 1,684 1,780
Total assets 8,970 5,342
Current liabilities:    
Accounts payable 374 328
Accrued expenses and other current liabilities 379 717
Convertible note $ 575 575
Term Note 100
Total current liabilities $ 1,328 1,720
Contract liability 119 117
Total liabilities $ 1,447 $ 1,837
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.001 par value; 500,000 shares authorized; no shares issued and outstanding
Common stock, $.001 par value; 12,000,000 and 8,000,000 shares authorized;at March 31, 2016 and December 31, 2015, respectively;5,052,873 and 3,552,873 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively $ 5 $ 4
Additional paid-in capital 32,183 26,946
Accumulated deficit (24,665) (23,445)
Total stockholders' equity 7,523 3,505
Total liabilities and stockholders' equity $ 8,970 $ 5,342