Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 1,155,641 $ 7,166,260
Restricted cash 500,997  
Accounts and other receivables 3,503,055 3,703,186
Inventory, net 769,820 652,906
Prepaid expenses and other 927,269 1,054,822
Total current assets 6,856,782 12,577,174
Property and equipment 3,799,763 3,871,035
Less accumulated depreciation and amortization 2,165,380 1,943,427
Property and equipment, net 1,634,383 1,927,608
Patents and trademarks 222,590 233,596
Less accumulated amortization 39,867 47,438
Patents and trademarks, net 182,723 186,158
Other assets 8,261 273,573
Total assets 8,682,149 14,964,513
Current liabilities:    
Accounts payable 5,134,635 1,767,523
Accrued liabilities and other 4,923,824 3,038,713
Deferred revenue, current 681,704 1,044,281
Notes payable, current 51,652,209 333,333
Total current liabilities 62,392,372 6,183,850
Deferred revenue 26,061 192,728
Notes payable, net of discounts of $0 and $2,033,506, respectively 9,519,779 60,746,002
Other liabilities 650,931 1,677,633
Total liabilities 72,589,143 68,800,213
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock; $.001 par value; 5,000,000 shares authorized; no shares issued or outstanding at June 30, 2016 and December 31, 2015, respectively
Common stock; $.001 par value; 200,000,000 shares authorized; 155,640,734 and 155,649,665 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 155,641 155,650
Additional paid-in capital 326,382,014 326,085,743
Accumulated deficit (390,913,850) (380,546,651)
Total Navidea stockholders' deficit (64,376,195) (54,305,258)
Noncontrolling interest 469,201 469,558
Total stockholders’ deficit (63,906,994) (53,835,700)
Total liabilities and stockholders’ deficit $ 8,682,149 $ 14,964,513