Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

v3.7.0.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
[1]
Current assets:    
Cash and cash equivalents $ 31,060 $ 8,086
Accounts receivable 3,800 2,091
Inventory 2,043 2,687
Prepaid expenses and other current assets 1,888 1,066
Total current assets 38,791 13,930
Property and equipment, net 987 483
Other assets 132 136
Total assets 39,910 14,549
Current liabilities:    
Accounts payable 3,344 3,086
Accrued liabilities 2,181 2,186
Note payable, current portion 1,867
Total current liabilities 5,525 7,139
Note payable, noncurrent portion 18,392 7,762
Other noncurrent liabilities 53
Total liabilities 23,917 14,954
Commitments and contingences (Note 6)
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized as of June 30, 2017 and December 31, 2016; no shares issued
Common stock, $0.0001 par value; 75,000,000 shares authorized as of June 30, 2017 and December 31, 2016; 19,405,334 and 10,661,201 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 2 1
Additional paid-in capital 101,733 68,216
Accumulated deficit (85,742) (68,622)
Total stockholders’ equity (deficit) 15,993 (405)
Total liabilities and stockholders’ equity (deficit) $ 39,910 $ 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.