Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 810,425 $ 7,166,260
Restricted cash 3,501,247  
Accounts and other receivables 3,474,329 3,703,186
Inventory, net 804,882 652,906
Prepaid expenses and other 839,978 1,054,822
Total current assets 9,430,861 12,577,174
Property and equipment 3,584,628 3,871,035
Less accumulated depreciation and amortization 2,210,554 1,943,427
Property and equipment, net 1,374,074 1,927,608
Patents and trademarks 222,590 233,596
Less accumulated amortization 41,604 47,438
Patents and trademarks, net 180,986 186,158
Other assets 203,679 273,573
Total assets 11,189,600 14,964,513
Current liabilities:    
Accounts payable 4,894,800 1,767,523
Accrued liabilities and other 7,201,793 3,038,713
Deferred revenue, current 15,037 1,044,281
Notes payable, current 51,652,209 333,333
Total current liabilities 63,763,839 6,183,850
Deferred revenue 26,061 192,728
Notes payable, net of discounts of $0 and $2,033,506, respectively 10,549,405 60,746,002
Other liabilities 624,896 1,677,633
Total liabilities 74,964,201 68,800,213
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock; $.001 par value; 5,000,000 shares authorized; no shares issued or outstanding at September 30, 2016 and December 31, 2015, respectively
Common stock; $.001 par value; 300,000,000 shares authorized, 155,751,316 issued and outstanding at September 30, 2016; 200,000,000 shares authorized, 155,649,665 shares issued and outstanding at December 31, 2015, respectively 155,751 155,650
Additional paid-in capital 326,573,833 326,085,743
Accumulated deficit (390,973,227) (380,546,651)
Total Navidea stockholders' deficit (64,243,643) (54,305,258)
Noncontrolling interest 469,042 469,558
Total stockholders’ deficit (63,774,601) (53,835,700)
Total liabilities and stockholders’ deficit $ 11,189,600 $ 14,964,513