Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 298 $ 3,218
Accounts receivable 108 112
Inventories 2,666 1,383
Prepaid expenses and other current assets 944 428
Total current assets 4,016 5,141
Property and equipment, net 84 110
Intangible assets, net 28 61
Other assets 94 94
Total assets 4,222 5,406
Current Liabilities:    
Accounts payable 1,554 532
Accrued liabilities 1,146 846
Total current liabilities 2,700 1,378
Derivative liability 387 0
Warrant liability 24 210
Total liabilities 3,111 1,588
Commitments and contingencies (Note 9)
Series A 8% Senior Convertible Preferred stock, par value $0.0001; 1,250,000 shares authorized; 250,000 and zero shares issued and outstanding as of December 31, 2019 and 2018,respectively, (liquidation preference of $1,056,000 and $0) 517 0
Stockholders' Equity:    
Common stock, par value $0.0001; 200,000,000 shares authorized; 24,873,191 and 15,366,327 shares issued and outstanding as of December 31, 2019 and 2018,respectively 2 2
Additional paid-in capital 188,318 179,501
Accumulated other comprehensive loss (48) (45)
Accumulated deficit (187,678) (175,640)
Total stockholders' equity 594 3,818
Total liabilities, convertible preferred stock and stockholders' equity $ 4,222 $ 5,406