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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash $ 347 $ 230
Accounts receivable, net 1,302 1,991
Inventories 4,161 3,415
Prepaid expenses and other current assets 208 154
Total current assets 6,018 5,790
Property and equipment, net 2,016 2,091
In-process research and development 4,620 4,620
Trademarks, trade names 1,240 1,240
Goodwill 2,453 2,453
Other assets 398 245
Total assets 16,745 16,439
Current liabilities:    
Secured lines of credit and current portion of long-term debt 1,764 2,555
Account payable and accrued expenses 4,025 4,134
Advances - related parties 85 110
Total current liabilities 5,874 6,799
Long-term debt, net of current portion 981 1,209
Total liabilities $ 6,855 $ 8,008
Commitments and contingencies
Stockholders’ equity :    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 198,355 and 373,355 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively (liquidation value of all classes of preferred stock $1,121 and $2,871 as of September 30, 2015 and December 31, 2014, respectively) $ 962 $ 1,487
Common stock, $0.001 par value; 3.5 billion shares authorized, 20,766,206 and 19,427,331 issued and outstanding as of September 30, 2015 and December 31, 2014, respectively 21 19
Additional paid-in capital 8,343 5,763
Treasury stock (327) (327)
Accumulated other comprehensive loss (479) (149)
Retained earnings 1,370 1,638
Total stockholders' equity 9,890 8,431
Total liabilities and stockholders' equity $ 16,745 $ 16,439