RESTATEMENT (Tables)

3 Months Ended

Mar. 31, 2019

Consolidated Balance Sheet as of March 31, 2019:



(In thousands)	As Originally Reported		Adjustments			As Restated
ASSETS
Current assets:
Cash and cash equivalents	$	32,415	$	—		$	32,415
Short term investments	40,885		—			40,885
Trade accounts receivable, net	4,931		38			4,969
Inventories, net	5,598		—			5,598
Prepaid expenses and other current assets	1,411		38			1,449
Total current assets	85,240		76			85,316
Property and equipment, net	6,031		—			6,031
Intangibles	190		—			190
Deposits	80		—			80
Other assets	162		77			239
Total assets	$	91,703	$	153		$	91,856

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	1,504	$	—		$	1,504
Accrued expenses and other liabilities	5,460		127			5,587
Joint and several payroll tax liability	—		1,014			1,014
Accrued severance and related	511		—			511
Total current liabilities	7,475		1,141			8,616
Related party note payable	140		—			140
Long-term portion of operating lease liabilities	75		—			75
Other long-term liabilities	—		194			194
Total liabilities	7,690		1,335			9,025
STOCKHOLDERS' EQUITY
Common stock, $0.001 par value; 75,000,000 shares authorized; 34,033,255 issued and 33,891,255 outstanding	34		—			34
Additional paid-in capital	53,147		1,035			54,182
Retained earnings	30,832		(2,217		)	28,615
Total stockholders’ equity	84,013		(1,182		)	82,831
Total liabilities and stockholders’ equity	$	91,703	$	153		$	91,856

Consolidated Statement of Operations for the three months ended March 31, 2019:



(In thousands)	As Originally Reported			Adjustments			As Restated
Sales	$	5,823		$	(194	)	$	5,629
Cost of sales	2,103			(37		)	2,066
Gross profit	3,720			(157		)	3,563
Other costs and expenses:
Research and development	810			(80		)	730
Professional services	1,791			327			2,118
Salaries and related costs	3,221			267			3,488
Selling, general and administrative	3,101			(144		)	2,957
Total other costs and expenses	8,923			370			9,293
Loss from operations	(5,203		)	(527		)	(5,730		)
Interest income	423			—			423
Other losses	(25		)	(270		)	(295		)
Total other losses, net	398			(270		)	128
Loss from continuing operations before income taxes	(4,805		)	(797		)	(5,602		)
Income tax (benefit) expense	(124		)	130			6
Net loss	$	(4,681	)	$	(927	)	$	(5,608	)

Loss per share
Basic and Diluted	$	(0.14	)	$	(0.03	)	$	(0.17	)

Weighted average number of shares outstanding basic and diluted	33,343			33,343			33,343