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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 8,880 $ 14,581
Accounts receivable (net of allowance for doubtful accounts of $97 and $68, respectively) 7,871 10,919
Inventory 3,607 1,379
Other current assets 741 464
Total current assets 21,099 27,343
Property and equipment, net 4,215 4,049
Intangible assets, net 2,708 2,917
Total assets 28,022 34,309
Current liabilities:    
Accounts payable 5,467 7,588
Accrued expenses 3,398 3,603
Revolving and term loan credit agreement, net of deferred costs of $433 5,566 0
Warrant liabilities 658 757
Short-term deferred rent 232 118
Other 39 42
Total current liabilities 15,360 12,108
Long-term deferred rent 1,227 0
Long term debt 42 71
Total liabilities 16,629 12,179
COMMITMENTS AND CONTINGENCIES (Note 13)
Shareholders' equity:    
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 22,745 and 23,789, respectively 310,208 307,766
Treasury stock — 1,250 shares (3,150) (3,150)
Warrants 190 0
Accumulated deficit 337,394 324,025
Total shareholders’ equity 11,393 22,130
Total liabilities and shareholders’ equity 28,022 34,309
Series A Non-voting Convertible Preferred Stock    
Shareholders' equity:    
Series B-2 voting convertible preferred stock, no par value: shares authorized and reserved — 39, shares issued and outstanding — 12 3,150 3,150
Series B Non-voting Convertible Preferred Stock    
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