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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 13,544 $ 14,581
Accounts receivable (net of allowance for doubtful accounts of $68 for 2016 and 2015) 9,669 10,919
Inventory 1,942 1,379
Other current assets 662 464
Total current assets 25,817 27,343
Property and equipment, net 4,393 4,049
Intangible assets, net 2,847 2,917
Total assets 33,057 34,309
Current liabilities:    
Accounts payable 6,293 7,588
Accounts Payable and Accrued Liabilities, Current 4,943 3,603
Warrant liabilities 2,397 757
Other 136 160
Total current liabilities 13,769 12,108
Long term debt 62 71
Total liabilities $ 13,831 $ 12,179
COMMITMENTS AND CONTINGENCIES (Note 13)
Shareholders' equity:    
Series B-2 voting convertible preferred stock, no par value: shares authorized and reserved — 39, shares issued and outstanding — 12 $ 38,389 $ 38,389
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 23,891 and 23,789, respectively 308,512 307,766
Treasury Stock, Value (3,150) (3,150)
Accumulated deficit 327,675 324,025
Total shareholders’ equity 19,226 22,130
Total liabilities and shareholders’ equity $ 33,057 $ 34,309