Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 755 $ 298 [1]
Accounts receivable 51 108 [1]
Inventories 2,650 2,666 [1]
Prepaid expenses and other current assets 1,041 944 [1]
Total current assets 4,497 4,016 [1]
Property and equipment, net 72 84 [1]
Intangible assets, net 19 28 [1]
Other assets 34 94 [1]
Total assets 4,622 4,222 [1]
Current Liabilities:    
Accounts payable 2,335 1,554 [1]
Accrued liabilities 1,342 1,146 [1]
Total current liabilities 3,677 2,700 [1]
Borrowings 688 0 [1]
Derivative liability 387 387 [1]
Warrant liability 5 24 [1]
Total liabilities 4,757 3,111 [1]
Commitments and contingencies (Note 8) [1]
Series A 8% Senior Convertible Preferred stock, par value $0.0001; 1,250,000 shares authorized; 250,000 shares issued and outstanding as of March 31, 2020 and December 31, 2019, (liquidation preference of $1,076,000 and $1,056,000) 537 517 [1]
Stockholders' Equity (Deficit):    
Common stock, par value $0.0001; 200,000,000 shares authorized; 1,338,603 and 1,245,238 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively [1]   0
Additional paid-in capital 189,734 188,320 [1]
Accumulated other comprehensive loss (48) (48) [1]
Accumulated deficit (190,358) (187,678) [1]
Total stockholders' equity (deficit) (672) 594 [1]
Total liabilities, convertible preferred stock and stockholders' equity $ 4,622 $ 4,222 [1]
[1] The condensed consolidated balance sheet as of December 31, 2019 was derived from the audited consolidated balance sheet as of that date.