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
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 19,931 $ 7,360 [1]
Accounts receivable 589 593 [1]
Inventory 845 1,549 [1]
Prepaid expenses and other current assets 1,204 1,228 [1]
Total current assets 22,569 10,730 [1]
Property and equipment, net 356 239 [1]
Other assets 139 138 [1]
Total assets 23,064 11,107 [1]
Current liabilities:    
Accounts payable 1,854 1,432 [1]
Accrued liabilities 2,090 1,293 [1]
Note payable, current portion 4,446 [1]
Total current liabilities 3,944 7,171 [1]
Note payable, noncurrent portion 9,560 [1]
Total liabilities 13,504 7,171 [1]
Commitments and contingences (Note 6) [1]
Stockholders’ equity:    
Preferred stock, value
Common stock, value 1 52,447
Additional paid-in capital 67,492 [1]
Accumulated deficit (57,933) (48,511) [1]
Total stockholders’ equity 9,560 3,936 [1]
Total liabilities and stockholders’ equity $ 23,064 $ 11,107 [1]
[1] The condensed consolidated balance sheet as of December 31, 2015 has been derived from the audited consolidated financial statements as of that date.