Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents ($12,220 and $13,175 attributable to the VIE) $ 13,546 $ 17,080
Accounts receivable, net 1,900 1,351
Inventories, net 7,491 4,705
Investment in marketable securities 27,643 49,343
Marketable securities, pledged to creditor   238
Prepaid expenses and other current assets ($610 and $273 attributable to the VIE) 1,194 743
Total current assets 51,774 73,460
PROPERTY AND EQUIPMENT, NET 163 152
OTHER ASSETS    
Long-term investment at cost   538
Intangibles, net 44 54
Right of use assets 4,118  
Deposits and other assets 383 352
Total other assets 4,545 944
Total assets 56,482 74,556
CURRENT LIABILITIES    
Accounts payable and accrued expenses ($148 and $0 attributable to the VIE) 10,706 9,122
Deferred rent   19
Operating lease liabilities 844  
Other current liabilities 5,412 5,181
Embedded conversion option liabilities 264  
Notes payable, net 3,886 6,394
Notes payable to related party, net 193 468
Convertible debentures 11,000  
Convertible notes payable, net 2,928 11,253
Convertible notes payable to related parties, net   5,089
Total current liabilities 35,233 37,526
LONG-TERM LIABILITIES    
Deferred rent   268
Operating lease liabilities 3,714  
Other long-term liabilities 34,556 36,222
Warrant derivative liabilities   1,399
Embedded conversion option liabilities 29  
Notes payable, net   1,021
Convertible debentures 1,200  
Convertible notes payable, net   5,485
Convertible notes payable to related parties, net   8,529
Total long-term liabilities 39,499 52,924
Total liabilities 74,732 90,450
STOCKHOLDERS’ DEFICIT    
Preferred stock — par value $0.001 per share, 15,000,000 shares authorized, none issued and outstanding
Common stock — par value $0.001 per share, 250,000,000 shares authorized, 47,671,446 shares and 37,341,393 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively 47 37
Additional paid-in capital 199,395 140,903
Accumulated other comprehensive income (loss) (51) (69)
Accumulated deficit (216,916) (156,668)
Total stockholders’ equity (deficit) (17,525) (15,797)
Noncontrolling interest (725) (97)
Total liabilities & stockholders’ equity (deficit) $ 56,482 $ 74,556