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 $ 7,415 $ 298
Accounts receivable 85 108
Inventories 2,708 2,666
Prepaid expenses and other current assets 908 944
Total current assets 11,116 4,016
Property and equipment, net 142 84
Intangible assets, net   28
Other assets 41 94
Total assets 11,299 4,222
Current Liabilities:    
Accounts payable 672 1,554
Accrued liabilities 1,433 1,146
Borrowings, current portion 179  
Total current liabilities 2,284 2,700
Capital lease liabilities 39  
Borrowings, net of current portion 668  
Derivative liability 387 387
Warrant liability 8 24
Total liabilities 3,386 3,111
Commitments and contingencies (Note 8)
Series A 8% Senior Convertible Preferred stock, par value $0.0001; 1,250,000 shares authorized; 250,000 shares issued and outstanding as of December 31, 2020 and 2019, (liquidation preference of $1,136,000 and $1,056,000) 597 517
Stockholders' Equity:    
Common stock, par value $0.0001; 200,000,000 shares authorized; 8,402,250 and 1,245,238 shares issued and outstanding as of December 31, 2020 and 2019, respectively 1  
Additional paid-in capital 207,698 188,320
Accumulated other comprehensive loss   (48)
Accumulated deficit (200,383) (187,678)
Total stockholders' equity 7,316 594
Total liabilities, convertible preferred stock and stockholders' equity $ 11,299 $ 4,222