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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 9,058 $ 7,317
Accounts receivable, net of allowance for doubtful accounts of $15 at September 30, 2018 and December 31, 2017. 600 458
Inventory, net 15 79
Other current assets 246 163
Total Current Assets 9,919 8,017
Property and equipment, net 45 43
Other assets 289 35
Intangible assets, net of accumulated amortization 84 93
Goodwill 3,416 3,416
Total Assets 13,753 11,604
Current Liabilities:    
Accounts payable 556 457
Deferred revenue 1,489 1,016
Accrued expenses 790 658
Accrued interest payable to related parties 0 527
Derivative liabilities 1,019 0
Convertible lines of credit to related parties, net of discount 0 5,774
Total Current Liabilities 3,854 8,432
Pension obligation 2,051 2,024
Total Liabilities 5,905 10,456
Mezzanine Equity:    
Series C Convertible Redeemable Preferred Stock, $0.01 par value, designated 1,000 shares, 1,000 and 0 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively; liquidation preference $10,000 and $0 at September 30, 2018 and December 31, 2017, respectively. 7,966 0
Shareholders’ Equity (Deficit):    
Common Stock, $0.01 par value, 175,000,000 shares authorized; 96,724,430 and 94,174,540 shares issued at September 30, 2018 and December 31, 2017, respectively, and 96,717,726 and 94,167,836 shares outstanding at September 30, 2018 and December 31, 2017, respectively. 966 941
Additional paid in capital 182,783 172,414
Treasury stock, at cost 6,704 shares (64) (64)
Accumulated other comprehensive loss (1,645) (1,664)
Accumulated deficit (182,160) (170,481)
Total Shareholders’ Equity (Deficit) (118) 1,148
Total Liabilities and Shareholders’ Equity (Deficit) 13,753 11,604
Series A Preferred Stock [Member]    
Shareholders’ Equity (Deficit):    
Preferred stock authorized 4,000,000 shares 0 0
Series B Preferred Stock [Member]    
Shareholders’ Equity (Deficit):    
Preferred stock authorized 4,000,000 shares $ 2 $ 2