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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash $ 417,000 $ 848,000
Accounts receivable, net 883,000 574,000
Inventories 195,000 184,000
Other current assets 197,000 272,000
Total current assets 1,692,000 1,878,000
PROPERTY AND EQUIPMENT, NET 415,000 431,000
OTHER ASSETS:    
Operating lease right-of-use assets 463,000 519,000
Intangibles, net 16,400,000 16,658,000
Other assets 25,000 25,000
Total assets 18,995,000 19,511,000
CURRENT LIABILITIES:    
Current maturities of long-term debt, less debt issuance costs 180,000 321,000
Current maturities of convertible notes, less debt discounts and debt issuance costs 2,292,000 142,000
Current maturities of finance lease liabilities 36,000 52,000
Current maturities of operating lease liabilities 212,000 209,000
Accounts payable 2,186,000 1,936,000
Accrued expenses 1,833,000 1,639,000
Deferred revenue 0 35,000
Total current liabilities 6,739,000 4,334,000
LONG TERM LIABILITIES:    
Long-term debt, less current maturities and debt issuance costs 194,000 198,000
Finance lease liabilities, less current maturities 112,000 119,000
Operating lease liabilities, less current maturities 263,000 317,000
Common stock warrant liabilities 402,000 1,338,000
Total liabilities 7,710,000 6,306,000
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS' EQUITY:    
Preferred stock - $0.01 par value, 15,000,000 shares authorized at March 31, 2020 and December 31, 2019, 47 shares issued and outstanding at March 31, 2020 and December 31, 2019, liquidation preference of $82 at March 31, 2020
Common stock, $0.01 par value, 150,000,000 shares authorized at March 31, 2020 and December 31, 2019, 9,506,126 and 7,898,117 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 95,000 79,000
Additional paid-in capital 75,334,000 74,065,000
Accumulated deficit (64,144,000) (60,939,000)
Total stockholders' equity 11,285,000 13,205,000
Total liabilities and stockholders? equity $ 18,995,000 $ 19,511,000