Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 4,915 $ 8,237
Accounts receivable, net 1,346 517
Inventories, net 1,281 1,196
Prepaid expenses and other current assets 237 92
Total current assets 7,779 10,042
Property and equipment, net 2,809 1,159
Other non-current assets 3,601 68
TOTAL ASSETS 14,189 11,269
Current Liabilities    
Accounts payable 3,340 426
Accrued expenses 1,640 324
Current portion of deferred revenue 1,751 1,714
Current portion of equipment financing 30 44
Other current liabilities 72 125
Total current liabilities 6,833 2,633
Deferred revenue 768 775
Equipment financing   19
Stock-based compensation liability   15,376
Other liabilities 107 81
Total liabilities 7,708 18,884
Commitments and contingencies (Note 11)
Stockholders’ Equity (Deficit)    
Common stock, $0.0001 par value, 25,000,000 shares authorized; 8,204,251 and 7,888,170 issued and outstanding at September 30, 2018 and December 31, 2017, respectively 1 1
Additional paid-in capital 51,764 21,773
Accumulated deficit (45,284) (29,389)
Total stockholders’ equity (deficit) 6,481 (7,615)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 14,189 $ 11,269