Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 678 $ 64
Accounts receivable, net 23 5
Inventories, net 1,570 1,666
Prepaid expenses 127 23
Total current assets 2,398 1,758
Operating lease right of use asset 178 192
Deferred offering costs 79 95
Fixed assets, net 92 97
Intangible assets, net 844 896
Total assets 3,591 3,038
Current liabilities:    
Accounts payable 130 277
Accrued expenses and other current liabilities 18 230
Operating lease liabilities - current portion 37 46
Related party promissory note payable and accrued interest 646 1,159
Total current liabilities 831 1,712
Long-term liabilities:    
Operating lease liabilities - net of current portion 146 146
Total liabilities 977 1,858
Commitments and contingencies (Note 11)
Stockholders' equity:    
Preferred stock, $0.001 par value; 500,000 shares authorized; no shares issued and outstanding
Common stock, $0.001 par value; 15,000,000 shares authorized; 11,030,100 and 9,176,908 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 11 9
Additional paid-in capital 42,794 40,496
Accumulated deficit (40,191) (39,325)
Total stockholders' equity 2,614 1,180
Total liabilities and stockholders' equity $ 3,591 $ 3,038