v3.20.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 9,200,000 $ 13,308,000 [1]
Accounts receivable, net of allowance for doubtful accounts of $566 and $407 as of September 30, 2020 and December 31, 2019, respectively 689,000 1,573,000 [1]
Inventory 4,591,000 4,861,000 [1]
Prepaid expenses and other current assets 1,764,000 2,447,000 [1]
Total current assets 16,244,000 22,189,000 [1]
Property and equipment, net 2,507,000 3,046,000 [1]
Investment in limited liability company 893,000 1,216,000 [1]
Other assets 282,000 526,000 [1]
Total assets 19,926,000 26,977,000 [1]
Current liabilities:    
Accounts payable 695,000 1,608,000 [1]
Accrued liabilities 1,990,000 4,698,000 [1]
Paycheck Protection Program loan, current portion 664,000
Total current liabilities 3,349,000 6,306,000 [1]
Note payable, noncurrent portion 4,377,000 3,983,000 [1]
Paycheck Protection Program loan, noncurrent portion 679,000
Other noncurrent liabilities 432,000 167,000 [1]
Total liabilities 8,837,000 10,456,000 [1]
Commitments and contingences (Note 9)
Stockholders’ equity:    
Common stock, $0.0001 par value; 75,000,000 shares authorized as of September 30, 2020 and December 31, 2019; 21,653,782 and 7,075,684 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 2,000 1,000 [1]
Additional paid-in capital 226,158,000 214,431,000 [1]
Accumulated deficit (215,071,000) (197,911,000) [1]
Total stockholders’ equity 11,089,000 16,521,000 [1]
Total liabilities and stockholders’ equity 19,926,000 26,977,000 [1]
Series A Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock
Series B Preferred Stock [Member]    
Stockholders’ equity:    
Convertible preferred stock [1]
[1] The condensed consolidated balance sheet as of December 31, 2019 has been derived from the audited consolidated financial statements as of that date.

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