v3.20.1

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 54	$ 17
Trade accounts receivable	325	63
Prepaid expenses and other current assets	238	211
Total current assets	617	291
Property and equipment, net	53	69
Total assets	670	360
Liabilities:
Current portion of long term debt	2,956	1,927
Accounts payable	908	922
Accrued expenses:
Salaries, wages, and related items	1,310	1,271
Accrued interest	319	263
Other	111	80
Deferred revenue	424	217
Total current liabilities	6,028	4,680
Long term debt (Note 4)	0	464
Total liabilities	6,028	5,144
Commitments and Contingencies (Note 8)
Stockholders' deficit:
Convertible preferred stock, $0.001 par value, 10,000,000 shares authorized 9,333 Series A shares issued and outstanding at March 31, 2020 and December 31, 2019. $500 per share liquidation preference	0	0
Common stock, $0.001 par value, 600,000,000 shares authorized 208,019,141 issued and outstanding at March 31, 2020 and December 31, 2019.	208	208
Additional paid-in capital	257,946	257,946
Accumulated deficit	(263,512)	(262,938)
Total stockholders' deficit	(5,358)	(4,784)
Total liabilities and stockholders' deficit	$ 670	$ 360

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

CICERO INC 10-Q