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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 5,447 $ 3,515
Accounts receivable, net 6,085 3,966
Unbilled accounts receivable 16 155
Inventories 8,470 8,832
Prepaid expenses and other current assets 1,389 1,130
Total current assets 21,407 17,598
Equipment, furniture and leasehold improvements, net 7,817 8,100
Operating lease right - of - use assets 3,358 3,729
Intangibles and other assets 130 160
Total assets 32,712 29,587
Current liabilities:    
Accounts payable 1,809 1,302
Accrued compensation 1,914 1,778
Paycheck Protection Program loan - current 496  
Revolving credit facility, net 420 2,891
Common stock warrant liability 1,524 23
Other accrued expenses 1,598 1,401
Deferred revenue 289 277
Operating lease liability - current 809 775
Other current liabilities 508 342
Total current liabilities 9,367 8,789
Finance lease liability - long term 16 24
Paycheck Protection Program - Long Term payable 1,467  
Deferred Income - Government awards - long term 2,263  
Operating lease liability - long term 2,654 3,067
Total liabilities 15,767 11,880
Commitments and contingencies (Note 8)
Shareholders' equity:    
Preferred stock, $.001 par value: authorized 10,000,000 shares: Series B Convertible Preferred stock, (liquidation preference of $5,659) stated value $1,000 per share, $.001 par value: 10,000 shares designated and 5,659 issued and outstanding as of June 30, 2020 and December 31, 2019.
Common stock, $.001 par value: authorized 200,000,000 shares, issued 61,407,331 shares, outstanding 61,245,265 shares as of June 30, 2020 and issued 50,250,378 shares, outstanding 50,088,312 shares as of December 31, 2019. 61 50
Additional paid-in capital 262,194 258,767
Accumulated deficit (244,810) (240,610)
Treasury stock, 162,066 shares as of June 30, 2020 and December 31, 2019. (500) (500)
Total shareholders' equity 16,945 17,707
Total liabilities and shareholders' equity $ 32,712 $ 29,587