Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 11,645 $ 8,924
Restricted cash 251 251
Accounts receivable, less allowance of $802 and $1,209 in 2017 and 2016, respectively 10,124 9,784
Inventory, net 12,298 13,523
Prepaid expenses and other current assets 1,732 1,505
Total current assets 36,050 33,987
Property, plant, and equipment, net 3,674 4,478
Goodwill 2,926 2,926
Other assets 334 550
Total assets 42,984 41,941
Current liabilities:    
Accounts payable 5,109 9,125
Accrued liabilities 5,609 5,778
Customer deposits 27 101
Deferred revenue, current portion 2,625 3,010
Total current liabilities 13,370 18,014
Deferred income taxes, net 104 798
Deferred revenue, long-term 11 23
Warranty accrual, long-term 70 773
Other liabilities, long-term 169 268
Total liabilities 13,724 19,876
Commitments, contingencies and subsequent events (Notes 6 and 10)
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000 shares authorized, 0 shares issued and outstanding as of December 31, 2017 and 2016, respectively
Common stock, par value $0.001 per share; 200,000 and 100,000 shares authorized, 102,340 and 67,566 shares issued and outstanding as of December 31, 2017 and 2016, respectively 102 68
Additional paid-in capital 224,910 201,198
Accumulated other comprehensive loss (576) (876)
Accumulated deficit (195,176) (178,325)
Total stockholders' equity 29,260 22,065
Total liabilities and stockholders' equity $ 42,984 $ 41,941