Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,795,006 $ 1,539,325
Restricted cash 5,001,253
Available-for-sale securities 1,797,604
Accounts and other receivables 8,137,872 203,016
Inventory, net 96,208
Prepaid expenses and other 1,101,923 842,220
Assets associated with discontinued operations, current 3,144,247
Total current assets 13,832,405 10,826,269
Property and equipment 1,206,058 3,232,372
Less accumulated depreciation and amortization 969,357 2,051,787
Property and equipment, net 236,701 1,180,585
Patents, trademarks and license agreements 480,404 146,685
Less accumulated amortization 22,248
Patents, trademarks and license agreements, net 458,156 146,685
Guaranteed earnout receivable 4,809,376
Other assets 1,444,798 202,882
Assets associated with discontinued operations 105,255
Total assets 20,781,436 12,461,676
Current liabilities:    
Accounts payable 855,043 5,165,385
Accrued liabilities and other 1,857,848 7,872,893
Notes payable, current 2,353,639 51,957,913
Terminated lease liability, current 107,215
Accrued loss contingency 2,887,566
Liabilities associated with discontinued operations, current 7,092 4,865,597
Total current liabilities 8,068,403 69,861,788
Notes payable 9,641,179
Terminated lease liability 588,092
Other liabilities 76,611 624,922
Total liabilities 8,733,106 80,127,889
Commitments and contingencies (Note 16)
Stockholders’ equity (deficit):    
Preferred stock; $.001 par value; 5,000,000 shares authorized; no shares issued or outstanding at December 31, 2017 and 2016
Common stock; $.001 par value; 300,000,000 shares authorized; 162,206,646 and 155,762,729 shares issued and outstanding at December 31, 2017 and 2016, respectively 162,207 155,763
Additional paid-in capital 331,128,787 326,564,148
Accumulated deficit (319,908,968) (394,855,034)
Accumulated other comprehensive loss (2,396)
Total Navidea stockholders' equity (deficit) 11,379,630 (68,135,123)
Noncontrolling interest 668,700 468,910
Total stockholders’ equity (deficit) 12,048,330 (67,666,213)
Total liabilities and stockholders’ equity (deficit) $ 20,781,436 $ 12,461,676