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, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,895 $ 11,645
Restricted cash equivalent 251 251
Accounts receivable, less allowance of $1,004 in 2018 and $802 in 2017 10,399 10,124
Inventory, net 14,008 12,298
Prepaid expenses and other current assets 1,602 1,732
Total current assets 29,155 36,050
Property, plant, and equipment, net 3,164 3,674
Goodwill 2,926 2,926
Other assets 404 334
Total assets 35,649 42,984
Current liabilities:    
Accounts payable 6,932 5,109
Accrued liabilities 5,575 5,609
Customer deposits 15 27
Deferred revenue, current portion 2,212 2,625
Total current liabilities 14,734 13,370
Deferred income taxes, net 106 104
Deferred revenue, long-term 6 11
Loan payable, long-term 80  
Warranty accrual, long-term 221 70
Other liabilities, long-term 112 169
Total liabilities 15,259 13,724
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000,000 shares authorized; 0 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively
Common stock, par value $0.001 per share; 40,000,000 shares authorized, 20,596,901 and 20,467,936 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively 20 20
Additional paid-in-capital 226,089 224,992
Accumulated other comprehensive loss (610) (576)
Accumulated deficit (205,109) (195,176)
Total stockholders' equity 20,390 29,260
Total liabilities and stockholders' equity $ 35,649 $ 42,984