Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 2,864 $ 3,880
Restricted cash 0 350
Accounts receivable 611 696
Earn-Out from siParadigm, current portion 740 747
Excess Consideration Note 0 888
Other current assets 407 546
Current assets of discontinuing operations 0 71
Total current assets 4,622 7,178
FIXED ASSETS, net of accumulated depreciation 524 558
OTHER ASSETS    
Operating lease right-of-use assets, net of accumulated amortization 123 94
Earn-Out from siParadigm, less current portion 48 356
Patents and other intangible assets, net of accumulated amortization 2,681 2,895
Investment in joint venture 56 92
Goodwill 3,090 3,090
Other 644 641
Total other assets 6,642 7,168
Total Assets 11,788 14,904
CURRENT LIABILITIES    
Accounts payable and accrued expenses 2,674 2,072
Obligations under operating leases, current portion 93 193
Obligations under finance leases, current portion 70 68
Deferred revenue 979 1,217
Note payable, net 840 1,277
Current liabilities of discontinuing operations 611 1,229
Total current liabilities 6,481 6,972
Obligations under operating leases, less current portion 11 10
Obligation under finance leases, less current portion 97 107
Warrant liability 26 178
Total Liabilities 6,687 7,519
STOCKHOLDERS’ EQUITY    
Preferred stock, authorized 9,764 shares, $0.0001 par value, none issued 0 0
Common stock, authorized 100,000 shares, $0.0001 par value, 2,260 and 2,104 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 0 0
Additional paid-in capital 172,431 171,783
Accumulated other comprehensive income (loss) (27) 26
Accumulated deficit (167,303) (164,424)
Total Stockholders’ Equity 5,101 7,385
Total Liabilities and Stockholders’ Equity 11,788 14,904
NovellusDx, Ltd    
CURRENT LIABILITIES    
Due to affiliate 50 350
siParadigm    
CURRENT LIABILITIES    
Due to affiliate 536 566
Advance from siParadigm, less current portion 72 252
Biosciences    
CURRENT LIABILITIES    
Due to affiliate $ 628 $ 0