In concert with this offering

Borrowings under our asset based loan facility at December 31 totaled $4 million, and we had unused borrowing availability of $1 million. On January 29 of this year, we raised net proceeds of about $11.9 million from an offering of common stock and warrants. In concert with this offering, we also raised $270,000 in a private placement of common stocks and warrants from certain directors and officers of the company on the same terms as the public offering.Overall, we believe we are well positioned financially entering 2018, as we continue to advance our strategic goals.

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