Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 8,479 $ 11,645
Restricted cash equivalent 251 251
Accounts receivable, less allowance of $997 in 2018 and $802 in 2017 9,739 10,124
Inventory, net 13,401 12,298
Prepaid expenses and other current assets 1,714 1,732
Total current assets 33,584 36,050
Property, plant, and equipment, net 3,424 3,674
Goodwill 2,926 2,926
Other assets 450 334
Total assets 40,384 42,984
Current liabilities:    
Accounts payable 5,785 5,109
Accrued liabilities 5,119 5,609
Customer deposits 41 27
Deferred revenue, current portion 2,187 2,625
Total current liabilities 13,132 13,370
Lines of credit 1,823  
Deferred income taxes, net 106 104
Deferred revenue, long-term 8 11
Loan payable, long-term 111  
Warranty accrual, long-term 124 70
Other liabilities, long-term 143 169
Total liabilities 15,447 13,724
Commitments, contingencies, and subsequent event (Notes 10 and 14)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively
Common stock, par value $0.001 per share; 200,000,000 shares authorized, 102,380,238 and 102,339,682 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively 102 102
Additional paid-in-capital 225,524 224,910
Accumulated other comprehensive loss (492) (576)
Accumulated deficit (200,197) (195,176)
Total stockholders' equity 24,937 29,260
Total liabilities and stockholders' equity $ 40,384 $ 42,984