CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash $ 152 $ 119
Accounts receivable, net of allowances of $99 and $218, respectively 1,038 644
Inventories 1,029 633
Prepaid expenses and other 54 141
Total current assets 2,273 1,537
Trademark, net of amortization of $54 and $119, respectively 2,483 2,548
Deferred IPO costs 1,154 619
Deposits and other assets 14 14
Total assets 5,924 4,718
Current liabilities    
Line of credit 322 215
Accounts payable 1,466 1,021
Accrued expenses 3,628 3,311
Customer refund 1,825 1,850
Due to related parties 534 510
Notes payable 4,392 3,505
Total current liabilities 12,167 10,412
Commitments and contingencies
Shareholders’ deficit    
Preferred stock; 10,000,000 shares authorized; 0 and 2,802,430 shares issued and outstanding, respectively 0 0
Common stock; $.0001 par value; 100,000,000 shares authorized; 3,702,865 and 3,750,000 shares issued and outstanding, respectively 0 0
Additional paid-in capital 22,753 20,181
Accumulated deficit (28,996) (25,875)
Total shareholders’ deficit (6,243) (5,694)
Total liabilities and shareholders’ deficit $ 5,924 $ 4,718