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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 2,035 $ 5,201
Accounts receivable, net of allowance for doubtful accounts of $112 and $87 at December 31, 2015 and 2014, respectively 5,565 3,178
Inventories 567 897
Other current assets 331 202
Total current assets 8,498 9,478
Property, plant and equipment, net 2,771 3,054
Intangible assets 5,331 0
Goodwill 633 0
Other assets 613 607
Total assets 17,846 13,139
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 5,339 2,508
Accrued expenses 5,186 4,083
Short-term debt 5,493 0
Total current liabilities 16,018 6,591
Other long-term liabilities $ 1,611 $ 1,191
Commitments and contingencies (Note 11)
Stockholders’ Equity:    
Common stock, par value $.04 per share; Authorized 240,000,000 shares; Issued: 78,025,998 shares and 70,875,998 shares at December 31, 2015 and 2014, respectively. Outstanding: 78,016,603 shares and 70,866,603 shares at December 31, 2015 and 2014, respectively $ 3,121 $ 2,835
Additional paid-in capital 156,195 150,747
Accumulated deficit (159,028) (148,154)
Stockholders' equity before treasury stock 288 5,428
Less: Treasury stock, at cost; 9,395 shares as of December 31, 2015 and 2014 (71) (71)
Total stockholders' equity 217 5,357
Total liabilities and stockholders' equity $ 17,846 $ 13,139