Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.5.0.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 12,650 $ 11,699
Restricted cash equivalent 251 200
Accounts receivable, less allowance of $1,629 in 2016 and $1,765 in 2015 9,938 8,948
Inventory, net 13,543 12,566
Prepaid expenses and other current assets 895 1,387
Total current assets 37,277 34,800
Property, plant, and equipment, net 3,856 3,727
Intangible assets, net 9 51
Goodwill 2,926 2,926
Other assets 551 747
Total assets 44,619 42,251
Current liabilities:    
Accounts payable 7,875 5,960
Accrued liabilities 5,454 5,906
Customer deposits 78 85
Deferred revenue, current portion 3,042 3,155
Total current liabilities 16,449 15,106
Deferred income taxes, net 783 738
Deferred revenue, long-term 52 142
Capital lease obligation, long-term 32 159
Warranty accrual, long-term 955 843
Other liabilities, long-term 288 338
Total liabilities 18,559 17,326
Commitments, contingencies, and subsequent event (Notes 8 and 12)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000 shares authorized; 88 and 0 shares issued in 2016 and 2015, respectively; no shares outstanding in 2016 and 2015, respectively
Common stock, par value $0.001 per share; 100,000 shares authorized; 67,566 and 58,228 shares issued and outstanding in 2016 and 2015, respectively 68 58
Additional paid-in-capital 200,622 188,622
Accumulated other comprehensive loss (732) (801)
Accumulated deficit (173,898) (162,954)
Total stockholders' equity 26,060 24,925
Total liabilities and stockholders' equity $ 44,619 $ 42,251