Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 4,877 $ 11,699
Restricted cash equivalent 200 200
Accounts receivable, less allowance of $1,616 in 2016 and $1,765 in 2015 11,036 8,948
Inventory, net 11,262 12,566
Prepaid expenses and other current assets 1,132 1,387
Total current assets 28,507 34,800
Property, plant, and equipment, net 3,994 3,727
Intangible assets, net 23 51
Goodwill 2,926 2,926
Other assets 551 747
Total assets 36,001 42,251
Current liabilities:    
Accounts payable 6,914 5,960
Accrued liabilities 4,810 5,906
Customer deposits 66 85
Deferred revenue, current portion 3,161 3,155
Total current liabilities 14,951 15,106
Deferred income taxes, net 768 738
Deferred revenue, long-term 82 142
Capital lease obligation, long-term 74 159
Warranty accrual, long-term 866 843
Other liabilities, long-term 308 338
Total liabilities 17,049 17,326
Commitments, contingencies, and subsequent events (Notes 8 and 12)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.001 per share; 100,000 shares authorized as of June 30, 2016 and 2015; 58,257 and 58,228 shares issued and outstanding as of June 30, 2016 and 2015, respectively 58 58
Additional paid-in-capital 190,402 188,622
Accumulated other comprehensive loss (756) (801)
Accumulated deficit (170,752) (162,954)
Total stockholders' equity 18,952 24,925
Total liabilities and stockholders' equity $ 36,001 $ 42,251