• Filing Date: 2020-05-13
  • Form Type: 10-Q
  • Description: Quarterly report
v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 1,087 $ 1,075
Restricted cash and cash equivalents 415 461
Accounts receivable, net 737 776
Inventory 488 302
Other current assets, net 388 175
Current assets held for sale and discontinued operations 7,408 7,441
Total current assets 10,523 10,230
Property and equipment, net 480 442
Right-of-use lease assets, net 383 283
Goodwill 6,336 6,336
Intangible assets, net 7,993 8,244
Long- term assets held for sale and discontinued operations 3,407 3,457
Total assets 29,122 28,992
CURRENT LIABILITIES    
Accounts payable and accrued expenses 3,264 3,678
Lease liability, short term 231 148
Contract liabilities 799 749
Current liabilities held for sale and discontinued operations 5,787 5,757
Total current liabilities 10,081 10,332
Notes payable 21,922 20,409
Lease liability, long term 172 161
Contract liabilities, long term 775 775
Deferred tax liability 10 10
Long term liabilities held for sale and discontinued operations 502 536
Total liabilities 33,462 32,223
Series A Cumulative Convertible Redeemable Preferred stock, $0.0001 par value, 505,000 shares authorized and 502,327 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 6,010 5,804
Commitment and Contingencies
STOCKHOLDERS' (DEFICIT) EQUITY    
Common stock, $0.0001 par value, 100,000,000 and 30,000,000 shares authorized, 22,786,757 and 21,595,653 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 2 2
Preferred stock, $0.0001 par value, 2,000,000 authorized, 505,000 shares designated as Series A and 240,861 shares designated as Series B as of March 31, 2020 and December 31, 2019, respectively 0 0
Series B Cumulative Convertible Preferred stock, $0.0001 par value, 240,861 shares authorized, issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 0 0
Additional paid-in capital 21,959 19,371
Accumulated deficit (32,311) (28,408)
Total stockholders' (deficit) equity (10,350) (9,035)
Total liabilities and stockholders' (deficit) equity $ 29,122 $ 28,992