Exhibit 99.2
MRI INTERVENTIONS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
| | March 31, 2019 | | Pro Forma Adjustments | | Pro Forma March 31, 2019 |
ASSETS | | | | | | | | | | | | |
Current Assets: | | | | | | | | | | | | |
Cash and cash equivalents | | $ | 2,491,670 | | | $ | 7,522,011 | (1) | | $ | 10,013,681 | |
Accounts receivable | | | 1,266,797 | | | | | | | | 1,266,797 | |
Inventory, net | | | 2,024,935 | | | | | | | | 2,024,935 | |
Operating lease rights of use, current portion | | | 98,668 | | | | | | | | 98,668 | |
Prepaid expenses and other current assets | | | 199,576 | | | | | | | | 199,576 | |
Total current assets | | | 6,081,646 | | | | 7,522,011 | | | | 13,603,657 | |
| | | | | | | | | | | | |
Property and equipment, net | | | 498,783 | | | | | | | | 498,783 | |
Software license inventory | | | 679,400 | | | | | | | | 679,400 | |
Operating lease rights of use | | | 355,176 | | | | | | | | 355,176 | |
Other assets | | | 10,639 | | | | | | | | 10,639 | |
Total assets | | $ | 7,625,644 | | | $ | 7,522,011 | | | $ | 15,147,655 | |
| | | | | | | | | | | | |
LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | | | | | | | | | |
Current liabilities: | | | | | | | | | | | | |
Accounts payable | | $ | 502,986 | | | $ | 100,000 | (2) | | $ | 602,986 | |
Accrued compensation | | | 667,768 | | | | | | | | 667,768 | |
Operating lease liabilities, current portion | | | 104,127 | | | | | | | | 104,127 | |
Other accrued liabilities | | | 319,654 | | | | | | | | 319,654 | |
Deferred revenue | | | 679,485 | | | | | | | | 679,485 | |
Total current liabilities | | | 2,274,020 | | | | 100,000 | | | | 2,374,020 | |
| | | | | | | | | | | | |
Accrued interest | | | 892,125 | | | | | | | | 892,125 | |
2014 junior secured notes payable, net | | | 1,944,871 | | | | | | | | 1,944,871 | |
Operating lease liabilities | | | 367,061 | | | | | | | | 367,061 | |
2010 junior secured notes payable, net | | | 1,704,948 | | | | | | | | 1,704,948 | |
Total liabilities | | | 7,183,025 | | | | 100,000 | | | | 7,283,025 | |
Commitments and contingencies | | | | | | | | | | | | |
Stockholders’ equity: | | | | | | | | | | | | |
Preferred stock | | | — | | | | | | | | | |
Common stock | | | 110,672 | | | | 24,265 | (1) | | | 134,937 | |
Additional paid-in capital | | | 108,752,502 | | | | 7,397,746 | (1)(2) | | | 116,150,248 | |
Accumulated deficit | | | (108,420,555 | ) | | | | | | | (108,420,555 | ) |
Total stockholders’ equity | | | 442,619 | | | | 7,422,011 | | | | 7,864,630 | |
Total liabilities and stockholders’ equity | | $ | 7,625,644 | | | $ | 7,522,011 | | | $ | 15,147,655 | |
(1) Reflects the receipt of proceeds of $7,522,011 in the Financing Transaction.
(2) Reflects the costs, estimated to be $100,000, to be incurred in connection with the Financing Transaction.