Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 4,454 $ 8,924
Restricted cash equivalent 251 251
Accounts receivable, less allowance of $1,078 in 2017 and $1,209 in 2016 9,708 9,784
Inventory, net 14,102 13,523
Prepaid expenses and other current assets 1,225 1,505
Total current assets 29,740 33,987
Property, plant, and equipment, net 4,350 4,478
Goodwill 2,926 2,926
Other assets 335 550
Total assets 37,351 41,941
Current liabilities:    
Accounts payable 7,679 9,125
Accrued liabilities 4,713 5,778
Customer deposits 69 101
Deferred revenue, current portion 2,564 3,010
Total current liabilities 15,025 18,014
Deferred income taxes, net 843 798
Deferred revenue, long-term 14 23
Warranty accrual, long-term 107 773
Other liabilities, long-term 197 268
Total liabilities 16,186 19,876
Commitments, contingencies, and subsequent events (Notes 8 and 12)
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; 76,019,373 and 67,565,951 shares issued and outstanding in 2017 and 2016, respectively 76 68
Additional paid-in-capital 213,022 201,198
Accumulated other comprehensive loss (599) (876)
Accumulated deficit (191,334) (178,325)
Total stockholders' equity 21,165 22,065
Total liabilities and stockholders' equity $ 37,351 $ 41,941