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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
[1]
Current Assets:    
Cash and cash equivalents $ 12,088 $ 298
Accounts receivable 69 108
Inventories 2,715 2,666
Prepaid expenses and other current assets 623 944
Total current assets 15,495 4,016
Property and equipment, net 65 84
Intangible assets, net 11 28
Other assets 56 94
Total assets 15,627 4,222
Current Liabilities:    
Accounts payable 1,506 1,554
Accrued liabilities 655 1,146
Borrowings, current portion 285 0
Total current liabilities 2,446 2,700
Borrowings 562 0
Derivative liability 387 387
Warrant liability 0 24
Total liabilities 3,395 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 June 30, 2020 and December 31, 2019, (liquidation preference of $1,096,000 and $1,056,000) 557 517
Stockholders' Equity:    
Common stock, par value $0.0001; 200,000,000 shares authorized; 7,723,353 and 1,245,238 shares issued and outstanding as of June 30, 2020 and December 31, 2019, respectively 1 0
Additional paid-in capital 205,430 188,320
Accumulated other comprehensive loss 0 (48)
Accumulated deficit (193,756) (187,678)
Total stockholders' equity 11,675 594
Total liabilities, convertible preferred stock and stockholders' equity $ 15,627 $ 4,222
[1] The condensed consolidated balance sheet as of December 31, 2019 was derived from the audited consolidated balance sheet as of that date.

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