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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 61,233 $ 136,986
Accounts receivable 8,511 6,491
Inventories 17,609 17,214
Prepaid expenses and other current assets 7,772 4,469
Total Current Assets 95,125 165,160
Property and equipment, net 1,168 1,134
Security deposits 312 312
Total Assets 96,605 166,606
Current Liabilities:    
Accounts payable 12,912 23,256
Accrued expenses 15,453 14,658
Interest payable on senior convertible notes 233 233
Deferred revenues 5,000 0
Total Current Liabilities 33,598 38,147
Senior convertible notes, net 17,657 17,302
Long term debt, net 100,327 98,660
Derivative financial instruments, at estimated fair value-warrants 9,334 17,582
Other long-term liabilities 379 433
Total Liabilities 161,295 172,124
Commitments and contingencies
Stockholders’ Deficit    
Preferred stock, authorized 20,000,000 shares and none outstanding, at March 31, 2018 and December 31, 2017 0 0
Common stock, par value of $.0001, 400,000,000 shares authorized at March 31, 2018 and December 31, 2017. Issued and outstanding 246,717,367 shares and 246,660,367 shares at March 31, 2018 and December 31, 2017, respectively. 25 25
Additional paid-in capital 808,410 801,787
Accumulated deficit (873,125) (807,330)
Total Stockholders’ Deficit (64,690) (5,518)
Total Liabilities and Stockholders’ Deficit $ 96,605 $ 166,606