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, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 6,627 $ 11,699
Restricted cash equivalent 200 200
Accounts receivable, less allowance of $1,686 in 2016 and $1,765 in 2015 10,106 8,948
Inventory, net 12,567 12,566
Prepaid expenses and other current assets 1,609 1,387
Total current assets 31,109 34,800
Property, plant, and equipment, net 3,791 3,727
Intangible assets, net 37 51
Goodwill 2,926 2,926
Other assets 556 747
Total assets 38,419 42,251
Current liabilities:    
Accounts payable 6,971 5,960
Accrued liabilities 4,529 5,906
Customer deposits 131 85
Deferred revenue, current portion 2,915 3,155
Total current liabilities 14,546 15,106
Deferred income taxes, net 753 738
Deferred revenue, long-term 112 142
Capital lease obligation, long-term 117 159
Warranty accrual, long-term 973 843
Other liabilities, long-term 325 338
Total liabilities $ 16,826 $ 17,326
Commitments, contingencies, and subsequent events (Notes 8 and 12)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000 shares authorized, no shares issued and outstanding
Common stock, par value $0.001 per share; 100,000 shares authorized in 2016 and 2015; 58,257 and 58,228 shares issued and outstanding in 2016 and 2015, respectively $ 58 $ 58
Additional paid-in-capital 189,456 188,622
Accumulated other comprehensive loss (702) (801)
Accumulated deficit (167,219) (162,954)
Total stockholders' equity 21,593 24,925
Total liabilities and stockholders' equity $ 38,419 $ 42,251