Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
[1]
Current assets:    
Cash and cash equivalents $ 31,389 $ 8,086
Accounts receivable 4,020 2,091
Inventory 2,383 2,687
Prepaid expenses and other current assets 1,240 1,066
Total current assets 39,032 13,930
Property and equipment, net 791 483
Other assets 152 136
Total assets 39,975 14,549
Current liabilities:    
Accounts payable 3,359 3,086
Accrued liabilities 2,087 2,186
Note payable, current portion 2,870 1,867
Total current liabilities 8,316 7,139
Note payable, noncurrent portion 6,794 7,762
Other noncurrent liabilities 90 53
Total liabilities 15,200 14,954
Commitments and contingences (Note 7)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of March 31, 2017 and December 31, 2016; no shares issued
Common stock, $0.0001 par value; 75,000,000 shares authorized as of March 31, 2017 and December 31, 2016; 19,346,856 and 10,661,201 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 2 1
Additional paid-in capital 100,090 68,216
Accumulated deficit (75,317) (68,622)
Total stockholders’ equity (deficit) 24,775 (405)
Total liabilities and stockholders’ equity (deficit) $ 39,975 $ 14,549
[1] The condensed consolidated balance sheet as of December 31, 2016 has been derived from the audited consolidated financial statements as of that date.