Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 5,019,000 $ 3,946,000
Restricted cash 6,243,000 0
Accounts receivable, net 333,000 276,000
Inventories, net 1,707,000 1,557,000
Prepaid expenses and other current assets 1,134,000 269,000
Total Current Assets 14,436,000 6,048,000
Property and equipment, net 59,000 71,000
Right of use asset, operating lease, net of accumulated amortization 840,000 0
Intangible assets, net 961,000 0
Other assets 182,000 28,000
Total Assets 16,478,000 6,147,000
Current Liabilities    
Line of credit 0 4,600,000
Other liabilities 0 1,899,000
Long-term debt, current portion 6,200,000 1,600,000
Accounts payable 2,413,000 765,000
Due to related parties 134,000 0
Accrued liabilities 2,198,000 244,000
Deferred revenue 318,000 66,000
Operating lease liability, current portion 262,000 0
Warrant derivative liability 2,304,000 0
Total Current Liabilities 13,829,000 9,174,000
Operating lease liability 590,000 0
Deferred rent 15,000 15,000
Total Liabilities 14,434,000 9,189,000
Commitments and Contingencies
Stockholders' Deficit    
Common Stock, $0.001 par value, 88,000,000 shares authorized, 43,168,161 & 11,661,485 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively. 43,000 12,000
Additional paid-in capital 170,017,000 13,642,000
Accumulated deficit (181,023,000) (16,698,000)
Total Stockholders' Deficit (10,963,000) (3,042,000)
Total Liabilities, Redeemable Preferred Stock and Stockholders' Deficit 16,478,000 6,147,000
Series E Preferred Stock [Member]    
Current Liabilities    
Redeemable Preferred Stock 13,007,000 0
Convertible Series A Preferred Stock [Member]    
Stockholders' Deficit    
Preferred Stock $ 0 $ 2,000