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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 104 $ 124
Restricted deposits 2,172
Escrow deposit 100
Accounts receivable, net of provisions for doubtful accounts of $10 and $20 at September 30, 2016 and December 31, 2015, respectively 455 6,389
Unbilled revenue 3,849
Inventory, net 239 506
Other current assets 851 1,633
Current assets - discontinued operations 496 1,079
Total current assets 2,145 15,852
Investment in DSIT 5,454
Property and equipment, net 234 954
Escrow deposit 579
Severance assets 3,558
Restricted deposits 2,951
Goodwill 516
Other assets 187 470
Non-current assets - discontinued operations 29
Total assets 8,599 24,330
Current liabilities:    
Short-term debt and current maturities of long-term debt 47 1,916
Leap Tide loan payable, net of discount 1,900
Accounts payable 486 2,346
Accrued payroll, payroll taxes and social benefits 462 1,320
Deferred revenue 1,956 5,251
Other current liabilities 694 2,260
Current liabilities - discontinued operations 1,218 1,827
Total current liabilities 4,863 16,820
Long-term liabilities:    
Accrued severance 4,984
Other long-term liabilities 578 849
Due to DSIT 1,066
Non-current liabilities - discontinued operations 19
Total long-term liabilities 1,644 5,852
Commitments and contingencies
Equity:    
Acorn Energy, Inc. shareholders Common stock - $0.01 par value per share: Authorized – 42,000,000 shares; Issued – 30,124,494 and 28,127,511 shares at September 30, 2016 and December 31, 2015, respectively 301 281
Additional paid-in capital 99,921 98,977
Warrants 1,600 1,597
Accumulated deficit (97,078) (97,191)
Treasury stock, at cost – 801,920 shares at September 30, 2016 and December 31, 2015 (3,036) (3,036)
Accumulated other comprehensive loss (254) (262)
Total Acorn Energy, Inc. shareholders' equity 1,454 366
Non-controlling interests 638 1,292
Total equity 2,092 1,658
Total liabilities and equity $ 8,599 $ 24,330