Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 20,099 $ 5,696
Accounts receivable, net 1,881 1,090
Inventory, net 3,238 3,240
Prepaid expenses and other current assets 244 358
Total current assets 25,462 10,384
Property and equipment, net 319 447
Operating lease rights of use 2,736 374
Software license inventory 589 504
Licensing rights 353
Other assets 59 218
Total assets 29,518 11,927
Current liabilities:    
Accounts payable 300 966
Accrued compensation 1,595 1,408
Other accrued liabilities 349 328
Operating lease liabilities, current portion 394 114
Deferred product and service revenues 562 1,017
Total current liabilities 3,200 3,833
Accrued interest   960
Operating lease liabilities, net of current portion 2,446 277
Deferred product and service revenues, net of current portion 215 198
Total liabilities 27,141 7,341
Commitments and contingencies (Notes 7 and 10)
Stockholders' equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized at December 31, 2020 and 2019; none issued and outstanding at December 31, 2020 and 2019
Common stock, $0.01 par value; 200,000,000 shares authorized at December 31, 2020 and 2019; 17,047,584 and 15,235,308 shares issued and outstanding at December 31, 2020 and 2019, respectively 170 152
Additional paid-in capital 121,729 117,174
Accumulated deficit (119,522) (112,740)
Total stockholders' equity 2,377 4,586
Total liabilities and stockholders' equity 29,518 11,927
2020 Senior Secured Convertible Notes Payable, Net    
Current liabilities:    
Secured notes payable, net 21,280
2010 Secured Notes Payable, Net    
Current liabilities:    
Secured notes payable, net $ 2,073