Restatement of Previously Issued Consolidated Financial Statements | 1B. Restatement of Previously Issued Consolidated Financial Statements We have restated herein our audited consolidated financial statements as of December 31, 2019 and 2018 and for the years ended December 31, 2019 and December 31, 2018. We have also restated impacted amounts within the accompanying footnotes to the consolidated financial statements which have been noted as such. As a result of overall economic conditions related to the coronavirus pandemic, the impact of the coronavirus pandemic on the Company’s financial results, and the decrease in the price of the Company’s common stock noted during the third quarter of fiscal 2020, the Company performed an internal review of its long-lived assets. Due to an extended delay in the launch of the Company’s Barrett’s test, the Company believes there was a triggering event in Fiscal 2016. The Company applied the required procedures under ASC 360 and assessed the estimated future cash flows related to the Barrett’s intangible asset on an undiscounted basis. It was determined that the carrying value of the asset was in excess of the undiscounted cash flows as of December 31, 2016. As a result, the Company performed a formal valuation of the asset on a discounted basis in order to measure the related impairment. Additionally, the Company concluded that amortization of both the Barrett’s intangible asset and its Thyroid intangible assets should have begun at the point in which the asset was ready for use. The Company’s policy had been to amortize such assets upon launch of the test. On December 7, 2020, the Company’s management conferred with the Audit Committee of the Company’s Board of Directors and concluded that (1) a non-cash impairment charge for an intangible asset of approximately $12 million should have been recorded during the Company’s 2016 fiscal year; (2) the Company should have initiated amortization of such intangible asset in fiscal 2014 and therefore each of fiscal years 2014, 2015, 2016, 2017, 2018, and 2019 and the first two quarters of fiscal 2020 require adjustment to record amortization expense; (3) the consolidated financial statements contained in the Company’s Annual Reports on Form 10-K for the years ended December 31, 2014, 2015, 2016, 2017, 2018, and 2019, as well as the consolidated financial statements contained in the Quarterly Reports on Form 10-Q for each quarterly period within those fiscal years as well as the quarterly periods ended March 31, 2020 and June 30, 2020, should no longer be relied upon. As a result the Company is restating its consolidated financial statements for the years ended December 31, 2019 and December 31, 2018 in this Form 10-K/A. The following tables present reconciliation from our prior periods as previously reported to the restated values for the consolidated balance sheets and the consolidated statement of operations. A description of misstatements is listed below: a) Amortization expense - We recorded amortization expense starting at the dates of acquisition for our Barrett’s and Thyroid intangible assets. The impact of the additional amortization charge was approximately $700 thousand in Fiscal 2014, $2.3 million in Fiscal 2015, $2.0 million in Fiscal 2016, and $340 thousand for each of Fiscal 2017, 2018 and 2019. b) Asset impairment - We recorded an impairment charge on our Barrett’s intangible asset of approximately $11.6 million in the fourth quarter of 2016. c) Adjustments - Adjustments to correct certain other immaterial errors, including previously unrecorded immaterial adjustments identified in audits of prior years’ financial statements. For the Year Ended December 31, 2014 As Asset Asset Other As Total Assets $ 115,906 $ (695 ) $ - $ - $ 115,211 Stockholders’ Equity 20,122 (695 ) - - 19,427 Net Loss $ (16,073 ) $ (695 ) $ - $ - $ (16,768 ) Earnings Per Share* $ (107.87 ) $ (4.66 ) $ - $ - $ (112.53 ) For the Year Ended December 31, 2015 As Asset Asset Other As Total Assets $ 67,712 $ (2,971 ) $ - $ - $ 64,741 Stockholders’ Equity 13,038 (2,971 ) - - 10,067 Net Loss $ (11,356 ) $ (2,276 ) $ - $ - $ (13,632 ) Earnings Per Share* $ (73.26 ) $ (14.68 ) $ - $ - $ (87.95 ) For the Year Ended December 31, 2016 As Asset Asset Other As Total Assets $ 41,778 $ (5,010 ) $ (11,632 ) $ - $ 25,136 Stockholders’ Equity 6,531 (5,010 ) (11,632 ) - (10,111 ) Net Loss $ (8,332 ) $ (2,039 ) $ (11,632 ) $ - $ (22,003 ) Earnings Per Share* $ (45.78 ) $ (11.20 ) $ (63.91 ) $ - $ (120.90 ) For the Year Ended December 31, 2017 As Asset Asset Other As Total Assets $ 53,598 $ (5,347 ) $ (11,632 ) $ - $ 36,619 Stockholders’ Equity 39,869 (5,347 ) (11,632 ) - 22,890 Net Loss $ (12,216 ) $ (337 ) $ - $ - $ (12,553 ) Earnings Per Share* $ (7.75 ) $ (0.21 ) $ - $ - $ (7.96 ) * Adjusted for reverse stock splits since the filing of the original financial statements. INTERPACE BIOSCIENCES, INC. CONSOLIDATED BALANCE SHEET (in thousands, except share and per share data) December 31, 2019 As Previously Reported Restatement Amount Restatement Reference As Restated ASSETS Current assets: Cash and cash equivalents $ 2,321 $ - $ 2,321 Accounts receivable, net 10,197 141 (c) 10,338 Other current assets 3,851 - 3,851 Total current assets 16,369 141 16,510 Property and equipment, net 6,814 - 6,814 Other intangible assets, net 33,501 (17,652 ) (a) (b) 15,849 Goodwill 8,433 - 8,433 Operating lease right of use assets 3,892 - 3,892 Other long-term assets 42 - 42 Total assets $ 69,051 $ (17,511 ) $ 51,540 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 4,812 $ (103 ) (c) $ 4,709 Accrued salary and bonus 2,341 - (c) 2,341 Other accrued expenses 9,379 97 (c) 9,476 Current liabilities from discontinued operations 766 - 766 Total current liabilities 17,298 (6 ) 17,292 Contingent consideration 2,391 - 2,391 Operating lease liabilities, net of current portion 2,591 - 2,591 Line of credit 3,000 - 3,000 Other long-term liabilities 4,573 - 4,573 Total liabilities 29,853 (6 ) 29,847 Preferred stock, $.01 par value; 5,000,000 shares authorized, 270 shares issued and outstanding 26,172 - 26,172 Stockholders’ equity: Common stock, $.01 par value; 100,000,000 shares authorized; 3,932,370 shares issued and 3,920,589 shares outstanding; 393 - 393 Additional paid-in capital 182,514 - 182,514 Accumulated deficit (168,160 ) (17,505 ) (a) (b) (c) (185,665 ) Treasury stock, at cost (11,781 shares) (1,721 ) - (1,721 ) Total stockholders’ equity 13,026 (17,505 ) (4,479 ) Total liabilities and stockholders’ equity $ 42,879 $ (17,511 ) $ 25,368 Total liabilities, preferred stock and stockholders’ equity $ 69,051 $ (17,511 ) $ 51,540 INTERPACE BIOSCIENCES, INC. CONSOLIDATED BALANCE SHEET (in thousands, except share and per share data) December 31, 2018 As Previously Reported Restatement Amount Restatement Reference As Restated ASSETS Current assets: Cash and cash equivalents $ 6,068 $ - $ 6,068 Accounts receivable, net 9,483 - 9,483 Other current assets 2,170 - 2,170 Total current assets 17,721 - 17,721 Property and equipment, net 837 - 837 Other intangible assets, net 29,853 (17,315 ) (a) (b) 12,538 Other long-term assets 31 - 31 Total assets $ 48,442 $ (17,315 ) $ 31,127 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 1,059 $ - $ 1,059 Accrued salary and bonus 1,424 120 (c) 1,544 Other accrued expenses 5,091 57 (c) 5,148 Current liabilities from discontinued operations 918 - 918 Total current liabilities 8,492 177 8,669 Contingent consideration 2,693 - 2,693 Other long-term liabilities 4,319 - 4,319 Total liabilities 15,504 177 15,681 Stockholders’ equity: Common stock, $.01 par value; 100,000,000 shares authorized; 2,876,734 shares issued and 2,869,427 shares outstanding; 287 - 287 Additional paid-in capital 175,820 - 175,820 Accumulated deficit (141,489 ) (17,492 ) (a) (b) (c) (158,981 ) Treasury stock, at cost (7,307 shares) (1,680 ) - (1,680 ) Total stockholders’ equity 32,938 (17,492 ) 15,446 Total liabilities and stockholders’ equity $ 48,442 $ (17,315 ) $ 31,127 INTERPACE BIOSCIENCES, INC. CONSOLIDATED STATEMENT OF OPERATIONS (in thousands, except for per share data) For The Year Ended December 31, 2019 As Previously Reported Restatement Amount Restatement Reference As Restated Revenue, net $ 24,079 $ 141 (c) $ 24,220 Cost of revenue 15,888 - 15,888 Gross profit 8,191 141 8,332 Operating expenses: Sales and marketing 11,116 - 11,116 Research and development 2,810 - 2,810 General and administrative 14,546 (183 ) (c) 14,363 Acquisition related expense 2,534 - 2,534 Acquisition related amortization expense 3,652 337 (a) 3,989 Change in fair value of contingent consideration (44 ) - (44 ) Total operating expenses 34,614 154 34,768 Operating loss (26,423 ) (13 ) (26,436 ) Accretion expense (440 ) - (440 ) Other income (expense), net 196 - 196 Loss from continuing operations before tax (26,667 ) (13 ) (26,680 ) (Benefit) provision for income taxes (28 ) - (28 ) Loss from continuing operations (26,639 ) (13 ) (26,652 ) Income from discontinued operations, net of tax (88 ) - (88 ) Net loss $ (26,727 ) $ (13 ) $ (26,740 ) Less dividends on preferred stock $ (429 ) $ - $ (429 ) Net loss attributable to common stockholders $ (27,156 ) $ (13 ) $ (27,169 ) Basic and diluted (loss) income per share of common stock: From continuing operations $ (7.23 ) $ (0.00 ) $ (7.23 ) From discontinued operations (0.02 ) - (0.02 ) Net loss per basic and diluted share of common stock $ (7.25 ) $ (0.00 ) $ (7.25 ) INTERPACE BIOSCIENCES, INC. CONSOLIDATED STATEMENT OF OPERATIONS (in thousands, except for per share data) For The Year Ended December 31, 2018 As Previously Reported Restatement Amount Restatement Reference As Restated Revenue, net $ 21,896 $ - $ 21,896 Cost of revenue 10,197 - 10,197 Gross profit 11,699 - 11,699 Operating expenses: Sales and marketing 8,421 - 8,421 Research and development 2,124 - 2,124 General and administrative 8,499 177 (c) 8,676 Acquisition related amortization expense 3,252 337 (a) 3,589 Change in fair value of contingent consideration 1,522 - 1,522 Total operating expenses 23,818 514 24,332 Operating loss (12,119 ) (514 ) (12,633 ) Accretion expense (331 ) - (331 ) Other income (expense), net 263 - 263 Loss from continuing operations before tax (12,187 ) (514 ) (12,701 ) (Benefit) provision for income taxes 18 - 18 Loss from continuing operations (12,205 ) (514 ) (12,719 ) Income from discontinued operations, net of tax 16 - 16 Net loss $ (12,189 ) $ (514 ) $ (12,703 ) Basic and diluted (loss) income per share of common stock: From continuing operations $ (4.33 ) $ (0.19 ) $ (4.52 ) From discontinued operations - - - Net loss per basic and diluted share of common stock $ (4.33 ) $ (0.19 ) $ (4.52 ) INTERPACE BIOSCIENCES, INC. CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (in thousands) As Previously Reported As Restated For The Year Ended For The Year Ended December 31, 2019 Restatement Amount Restatement Reference December 31, 2019 Shares Amount Shares Amount Common stock: Balance at January 1 2,877 $ 287 $ - 2,877 $ 287 Common stock issued 9 1 - 9 1 Common stock issued through offerings 933 94 - 933 94 Balance at March 31 3,819 382 - 3,819 382 Common stock issued 10 1 - 10 1 Balance at June 30 3,829 383 - 3,829 383 Common stock issued - - - - - Common stock issued through offerings - - - - - Balance at September 30 3,829 383 - 3,829 383 Common stock issued 5 - - 5 - Common stock issued through market sales 98 10 - 98 10 Balance at December 31 3,932 393 - 3,932 393 Treasury stock: Balance at January 1 7 (1,680 ) - 7 (1,680 ) Treasury stock purchased 3 (32 ) - 3 (32 ) Balance at March 31 10 (1,712 ) - 10 (1,712 ) Treasury stock purchased - - - - - Balance at June 30 10 (1,712 ) - 10 (1,712 ) Treasury stock purchased - - - - - Balance at September 30 10 (1,712 ) - 10 (1,712 ) Treasury stock purchased 2 (9 ) - 2 (9 ) Balance at December 31 12 (1,721 ) - 12 (1,721 ) Additional paid-in capital: Balance at January 1 175,820 - 175,820 Common stock issued through offerings, net of expenses 5,868 - 5,868 Stock-based compensation expense 266 - 266 Balance at March 31 181,954 - 181,954 Common stock issued 72 - 72 Stock-based compensation expense 205 - 205 Balance at June 30 182,231 - 182,231 Common stock issued through offerings, net of expenses - - - Dividends accrued (75 ) - (75 ) Stock-based compensation expense 205 - 205 Balance at September 30 182,361 - 182,361 Common stock issued through market sales, net of expenses 218 - 218 Common stock issued - - - Dividends accrued (354 ) - (354 ) Stock-based compensation expense 289 - 289 Balance at December 31 182,514 - 182,514 Accumulated deficit: Balance at January 1 (141,489 ) (17,492 ) (a) (b) (c) (158,981 ) Net loss (3,419 ) 93 (a) (c) (3,326 ) Adoption of ASC 606 - - - Adoption of ASC 842 55 - 55 Balance at March 31 (144,853 ) (17,399 ) (162,252 ) Net loss (5,220 ) (84 ) (a) (5,304 ) Balance at June 30 (150,073 ) (17,483 ) (167,556 ) Net loss (7,362 ) (84 ) (a) (7,446 ) Balance at September 30 (157,435 ) (17,567 ) (175,002 ) Net loss (10,725 ) 62 (a) (c) (10,663 ) Balance at December 31 (168,160 ) (17,505 ) (185,665 ) Total stockholders’ equity $ 13,026 $ (17,505 ) $ (4,479 ) INTERPACE BIOSCIENCES, INC. CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY (in thousands) As Previously Reported As Restated For The Year Ended For The Year Ended December 31, 2018 Restatement Amount Restatement Reference December 31, 2018 Shares Amount Shares Amount Common stock: Balance at January 1 2,790 $ 278 $ - 2,790 $ 278 Common stock issued 4 1 - 4 1 Common stock issued through offerings - - - - - Balance at March 31 2,794 279 - 2,794 279 Common stock issued 33 3 - 33 3 Balance at June 30 2,827 282 - 2,827 282 Common stock issued 10 1 - 10 1 Common stock issued through offerings - - - - - Balance at September 30 2,837 283 - 2,837 283 Common stock issued 40 4 - 40 4 Common stock issued through market sales - - - - - Balance at December 31 2,877 287 - 2,877 287 Treasury stock: Balance at January 1 6 (1,671 ) - 6 (1,671 ) Treasury stock purchased 1 (9 ) - 1 (9 ) Balance at March 31 7 (1,680 ) - 7 (1,680 ) Treasury stock purchased - - - - - Balance at June 30 7 (1,680 ) - 7 (1,680 ) Treasury stock purchased - - - - - Balance at September 30 7 (1,680 ) - 7 (1,680 ) Treasury stock purchased - - - - - Balance at December 31 7 (1,680 ) - 7 (1,680 ) Additional paid-in capital: Balance at January 1 173,062 - 173,062 Common stock issued through offerings, net of expenses - - - Stock-based compensation expense 597 - 597 Balance at March 31 173,659 - 173,659 Common stock issued 282 - 282 Stock-based compensation expense 419 - 419 Balance at June 30 174,360 - 174,360 Common stock issued 144 - 144 Dividends accrued - - - Stock-based compensation expense 374 - 374 Balance at September 30 174,878 - 174,878 Common stock issued through market sales, net of expenses - - - Common stock issued 598 - 598 Dividends accrued - - - Stock-based compensation expense 344 - 344 Balance at December 31 175,820 - 175,820 Accumulated deficit: Balance at January 1 (131,800 ) (16,978 ) (a) (b) (c) (148,778 ) Net loss (3,193 ) (84 ) (a) (3,277 ) Adoption of ASC 606 2,500 - 2,500 Adoption of ASC 842 - - - Balance at March 31 (132,493 ) (17,062 ) (149,555 ) Net loss (1,917 ) (84 ) (a) (2,001 ) Balance at June 30 (134,410 ) (17,146 ) (151,556 ) Net loss (3,042 ) (84 ) (a) (3,126 ) Balance at September 30 (137,452 ) (17,230 ) (154,682 ) Net loss (4,037 ) (262 ) (a) (c) (4,299 ) Balance at December 31 (141,489 ) (17,492 ) (158,981 ) Total stockholders’ equity $ 32,938 $ (17,492 ) $ 15,446 INTERPACE BIOSCIENCES, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (in thousands) For The Year Ended December 31, 2019 As Previously Reported Restatement Amount Restatement Reference As Restated Cash Flows From Operating Activities Net loss $ (26,727 ) $ (13 ) (a) (c) $ (26,740 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 4,187 337 (a) 4,524 Interest accretion 440 - 440 Bad debt expense 499 - 499 Reversal of DOJ accrual - - - Mark to market on warrants (279 ) - (279 ) Stock-based compensation 1,535 - 1,535 Deferred income taxes 18 - 18 Change in estimate on collectability of accounts receivable 3,479 - 3,479 Change in fair value of contingent consideration (44 ) (44 ) Other gains and expenses, net 18 - 18 Other changes in operating assets and liabilities: Increase in accounts receivable (961 ) (141 ) (c) (1,102 ) Decrease (increase) in other current assets 129 - 129 Increase in other long-term assets (11 ) - (11 ) (Decrease) increase in accounts payable (835 ) (103 ) (c) (938 ) Increase in accrued salaries and bonus 482 (120 ) 362 Decrease in accrued liabilities (1,341 ) 40 (c) (1,301 ) Increase (decrease) in long-term liabilities 454 - 454 Net cash used in operating activities (18,957 ) - (18,957 ) Cash Flows From Investing Activity Acquisition of Biopharma, net of cash acquired (13,829 ) - (13,829 ) Purchase of property and equipment (131 ) - (131 ) Sale of property and equipment 13 - 13 Net cash used in investing activity (13,947 ) - (13,947 ) Cash Flows From Financing Activities Issuance of common stock, net of expenses 6,478 - 6,478 Issuance of preferred stock, net of expenses 25,744 - 25,744 Payment of CGIX note and related interest (6,024 ) - (6,024 ) Borrowings on Line of Credit 3,000 - 3,000 Cash paid for repurchase of restricted shares (41 ) - (41 ) Net cash provided by (used in) financing activities 29,157 - 29,157 Net decrease in cash and cash equivalents (3,747 ) - (3,747 ) Cash and cash equivalents – beginning of year 6,068 - 6,068 Cash and cash equivalents – end of year $ 2,321 $ - $ 2,321 INTERPACE BIOSCIENCES, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (in thousands) For The Year Ended December 31, 2018 As Previously Reported Restatement Amount Restatement Reference As Restated Cash Flows From Operating Activities Net loss $ (12,189 ) $ (514 ) (a) (c) $ (12,703 ) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 3,464 337 (a) 3,801 Interest accretion 331 - 331 Reversal of DOJ accrual (350 ) - (350 ) Mark to market on warrants 112 - 112 Stock-based compensation 2,270 - 2,270 Change in fair value of contingent consideration 1,522 1,522 Other changes in operating assets and liabilities: Increase in accounts receivable (3,546 ) - (3,546 ) Increase in other current assets (501 ) - (501 ) Increase in accounts payable 668 - 668 Increase in accrued salaries and bonus 30 120 (c) 150 Decrease in accrued liabilities (402 ) 57 (c) (345 ) Increase (decrease) in long-term liabilities (82 ) - (82 ) Net cash used in operating activities (8,673 ) - (8,673 ) Cash Flows From Investing Activity Purchase of property and equipment (449 ) - (449 ) Net cash used in investing activity (449 ) - (449 ) Cash Flows From Financing Activities Cash paid for repurchase of restricted shares (9 ) - (9 ) Net cash provided by (used in) financing activities (9 ) - (9 ) Net decrease in cash and cash equivalents (9,131 ) - (9,131 ) Cash and cash equivalents – beginning of year 15,199 - 15,199 Cash and cash equivalents – end of year $ 6,068 $ - $ 6,068 The following tables represent the first, second, and third quarters for 2014-2017 that were materially impacted by the restatement as shown below. September 30, 2014 As Reported Asset Asset Other As Restated Total Assets $ 62,227 $ (118 ) $ - $ - $ 62,109 Stockholders’ Equity 25,424 (118 ) - - 25,306 Three Months Ended September 30, 2014 Net Loss $ (4,336 ) $ (118 ) $ - $ - $ (4,454 ) Earnings Per Share* $ (29.10 ) $ (0.79 ) $ - $ - $ (29.89 ) March 31, 2015 As Reported Asset Asset Other As Restated Total Assets $ 112,612 $ (1,441 ) $ - $ - $ 111,171 Stockholders’ Equity 16,624 (1,441 ) - - 15,183 Three Months Ended March 31, 2015 Net Loss $ (3,868 ) $ (746 ) $ - $ - $ (4,614 ) Earnings Per Share* $ (25.79 ) $ (4.97 ) $ - $ - $ (30.76 ) June 30, 2015 As Reported Asset Asset Other As Restated Total Assets $ 107,573 $ (1,951 ) $ - $ - $ 105,622 Stockholders’ Equity 10,298 (1,951 ) - - 8,347 Three Months Ended June 30, 2015 Net Loss $ (6,978 ) $ (510 ) $ - $ - $ (7,488 ) Earnings Per Share* $ (45.91 ) $ (3.36 ) $ - $ - $ (49.26 ) September 30, 2015 As Reported Asset Asset Other As Restated Total Assets $ 99,287 $ (2,461 ) $ - $ - $ 96,826 Stockholders’ Equity 5,861 (2,461 ) - - 3,400 Three Months Ended September 30, 2015 Net Loss $ (4,895 ) $ (510 ) $ - $ - $ (5,405 ) Earnings Per Share* $ (31.18 ) $ (3.25 ) $ - $ - $ (34.43 ) March 31, 2016 As Reported Asset Asset Other As Restated Total Assets $ 56,775 $ (3,480 ) $ - $ - $ 53,295 Stockholders’ Equity 8,306 (3,480 ) - - 4,826 Three Months Ended March 31, 2016 Net Loss $ (4,786 ) $ (510 ) $ - $ - $ (5,296 ) Earnings Per Share* $ (26.89 ) $ (2.87 ) $ - $ - $ (29.75 ) June 30, 2016 As Reported Asset Asset Other As Restated Total Assets $ 53,510 $ (3,990 ) $ - $ - $ 49,520 Stockholders’ Equity 5,993 (3,990 ) - - 2,003 Three Months Ended June 30, 2016 Net Loss $ (2,334 ) $ (510 ) $ - $ - $ (2,844 ) Earnings Per Share* $ (12.82 ) $ (2.80 ) $ - $ - $ (15.63 ) September 30, 2016 As Reported Asset Asset Other As Restated Total Assets $ 45,964 $ (4,500 ) $ - $ - $ 41,464 Stockholders’ Equity (1,479 ) (4,500 ) - - (5,979 ) Three Months Ended September 30, 2016 Net Loss $ (7,493 ) $ (510 ) $ - $ - $ (8,003 ) Earnings Per Share* $ (41.17 ) $ (2.80 ) $ - $ - $ (43.97 ) March 31, 2017 As Reported Asset Asset Other As Restated Total Assets $ 46,975 $ (5,094 ) $ (11,632 ) $ - $ 30,249 Stockholders’ Equity 24,569 (5,094 ) (11,632 ) - 7,843 Three Months Ended March 31, 2017 Net Income (Loss) $ 2,414 $ (84 ) $ - $ - $ 2,330 Earnings Per Share* $ 5.51 $ (0.19 ) $ - $ - $ 5.32 June 30, 2017 As Reported Asset Asset Other As Restated Total Assets $ 53,744 $ (5,178 ) $ (11,632 ) $ - $ 36,934 Stockholders’ Equity 36,342 (5,178 ) (11,632 ) - 19,532 Three Months Ended June 30, 2017 Net Loss $ (6,306 ) $ (84 ) $ - $ - $ (6,390 ) Earnings Per Share* $ (6.53 ) $ (0.09 ) $ - $ - $ (6.61 ) September 30, 2017 As Reported Asset Asset Other As Restated Total Assets $ 50,391 $ (5,262 ) $ (11,632 ) $ - $ 33,497 Stockholders’ Equity 36,378 (5,262 ) (11,632 ) - 19,484 Three Months Ended September 30, 2017 Net Loss $ (3,316 ) $ (84 ) $ - $ - $ (3,400 ) Earnings Per Share* $ (1.51 ) $ (0.04 ) $ - $ - $ (1.54 ) * |