Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 1,539,325 $ 7,166,260
Restricted cash 5,001,253 0
Accounts and other receivables 1,802,010 3,703,186
Inventory, net 1,470,826 652,906
Prepaid expenses and other 1,012,855 1,054,822
Total current assets 10,826,269 12,577,174
Property and equipment 3,584,628 3,871,035
Less accumulated depreciation and amortization 2,333,070 1,943,427
Property and equipment, net 1,251,558 1,927,608
Patents and trademarks 202,194 233,596
Less accumulated amortization 21,227 47,438
Patents and trademarks, net 180,967 186,158
Other assets 202,882 273,573
Total assets 12,461,676 14,964,513
Current liabilities:    
Accounts payable 7,123,323 1,767,523
Accrued liabilities and other 8,465,515 3,038,713
Deferred revenue, current 2,315,037 1,044,281
Notes payable, current 51,957,913 333,333
Total current liabilities 69,861,788 6,183,850
Deferred revenue 26,061 192,728
Notes payable, net of current portion and discounts of $0 and $2,033,506, respectively 9,641,179 60,746,002
Other liabilities 598,861 1,677,633
Total liabilities 80,127,889 68,800,213
Commitments and contingencies (Note 13)
Stockholders’ deficit:    
Preferred stock; $.001 par value; 5,000,000 shares authorized; no shares issued or outstanding at December 31, 2016 and 2015, respectively 0 0
Common stock; $.001 par value; 300,000,000 shares authorized; 155,762,729 and 155,649,665 shares issued and outstanding at December 31, 2016 and 2015, respectively 155,763 155,650
Additional paid-in capital 326,564,148 326,085,743
Accumulated deficit (394,855,034) (380,546,651)
Total Navidea stockholders' deficit (68,135,123) (54,305,258)
Noncontrolling interest 468,910 469,558
Total stockholders’ deficit (67,666,213) (53,835,700)
Total liabilities and stockholders’ deficit $ 12,461,676 $ 14,964,513