Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2017
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 8,625 $ 17,461
Accounts receivable, net 2,609 2,108
Inventories, net 2,701 2,221
Prepaid expenses and other current assets 1,508 616
Current portion of deferred consideration, net of discount 229 237
Total current assets 15,672 22,643
Property and equipment, net 1,200 1,239
Deferred consideration, net of discount, less current portion 1,392 1,497
Other assets 91 80
Total assets 18,355 25,459
Current liabilities:    
Accounts payable 1,400 1,255
Accrued expenses and other current liabilities 1,515 1,302
Deferred revenue 180 345
Deferred revenue Invekra 140 176
Current portion of long-term debt 12 123
Current portions of capital leases 146 74
Taxes payable 0 13
Total current liabilities 3,393 3,288
Long-term deferred revenue Invekra 492 527
Long-term debt, less current portion 35 45
Long-term capital leases, less current portion 179 168
Total liabilities 4,099 4,028
Commitments and Contingencies (Note 6)
Stockholders' Equity    
Convertible preferred stock, $0.0001 par value; 714,286 shares authorized, none issued and outstanding at December 31, 2017 and March 31, 2017, respectively 0 0
Common stock, $0.0001 par value; 12,000,000 shares authorized at December 31, 2017 and March 31, 2017, 4,637,541 and 4,289,322 shares issued and outstanding at December 31, 2017 and March 31, 2017, respectively 1 1
Additional paid-in capital 171,332 168,709
Accumulated deficit (152,677) (143,101)
Accumulated other comprehensive loss (4,400) (4,178)
Total stockholders' equity 14,256 21,431
Total liabilities and stockholders' equity $ 18,355 $ 25,459