Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.7.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 7,916 $ 8,924
Restricted cash equivalent 251 251
Accounts receivable, less allowance of $1,264 in 2017 and $1,209 in 2016 9,804 9,784
Inventory, net 15,192 13,523
Prepaid expenses and other current assets 1,287 1,505
Total current assets 34,450 33,987
Property, plant, and equipment, net 4,572 4,478
Goodwill 2,926 2,926
Other assets 335 550
Total assets 42,283 41,941
Current liabilities:    
Accounts payable 8,166 9,125
Accrued liabilities 4,660 5,778
Customer deposits 125 101
Deferred revenue, current portion 2,663 3,010
Total current liabilities 15,614 18,014
Deferred income taxes, net 828 798
Deferred revenue, long-term 17 23
Warranty accrual, long-term 296 773
Other liabilities, long-term 224 268
Total liabilities 16,979 19,876
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000,000 shares authorized; 80,644 and 80,494 shares issued in 2017 and 2016, respectively; no shares outstanding in 2017 and 2016, respectively
Common stock, par value $0.001 per share; 200,000,000 and 100,000,000 shares authorized in 2017 and 2016, respectively; 75,976,779 and 67,565,951 shares issued and outstanding in 2017 and 2016, respectively 76 68
Additional paid-in-capital 212,640 201,198
Accumulated other comprehensive loss (689) (876)
Accumulated deficit (186,723) (178,325)
Total stockholders' equity 25,304 22,065
Total liabilities and stockholders' equity $ 42,283 $ 41,941