Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 45,647 $ 136,986
Accounts receivable 9,222 6,491
Inventories 21,530 17,214
Prepaid expenses and other current assets 5,259 4,469
Total Current Assets 81,658 165,160
Property and equipment, net 1,069 1,134
Security deposits 312 312
Total Assets 83,039 166,606
Current Liabilities:    
Accounts payable 11,549 23,256
Accrued expenses 21,225 14,658
Interest payable on senior convertible notes 581 233
Deferred revenue 5,000 0
Senior convertible notes, net 17,834 0
Term Loan, net 101,739 0
Total Current Liabilities 157,928 38,147
Senior convertible notes, net 0 17,302
Term Loan, net 0 98,660
Derivative financial instruments, at estimated fair value-warrants 9,767 17,582
Deferred revenue, net of current portion 11,236 0
Other long-term liabilities 352 433
Total Liabilities 179,283 172,124
Commitments and contingencies
Stockholders’ Deficit    
Preferred stock, authorized 20,000,000 shares and none outstanding, at September 30, 2018 and December 31, 2017 0 0
Common stock, par value of $.0001, 400,000,000 shares authorized at June 30, 2018 and December 31, 2017. Issued and outstanding 248,037,301 shares and 246,660,367 shares at September 30, 2018 and December 31, 2017, respectively. 25 25
Additional paid-in capital 811,399 801,787
Accumulated deficit (907,668) (807,330)
Total Stockholders’ Deficit (96,244) (5,518)
Total Liabilities and Stockholders’ Deficit $ 83,039 $ 166,606