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, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 2,238 $ 11,645
Restricted cash equivalent 202 251
Accounts receivable, less allowance of $1,090 in 2018 and $802 in 2017 11,399 10,124
Inventory, net 13,423 12,298
Prepaid expenses and other current assets 771 1,732
Total current assets 28,033 36,050
Property, plant, and equipment, net 2,927 3,674
Goodwill 2,926 2,926
Other assets 369 334
Total assets 34,255 42,984
Current liabilities:    
Short-term loan payable 1,500  
Accounts payable 7,570 5,109
Accrued liabilities 5,866 5,609
Customer deposits 53 27
Deferred revenue, current portion 2,263 2,625
Total current liabilities 17,252 13,370
Deferred income taxes, net 105 104
Deferred revenue, long-term 3 11
Loan payable, long-term 50  
Warranty accrual, long-term 375 70
Other liabilities, long-term 134 169
Total liabilities 17,919 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 September 30, 2018 and December 31, 2017, respectively
Common stock, par value $0.001 per share; 40,000,000 shares authorized, 20,654,918 and 20,467,936 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively 20 20
Additional paid-in-capital 226,696 224,992
Accumulated other comprehensive loss (607) (576)
Accumulated deficit (209,773) (195,176)
Total stockholders' equity 16,336 29,260
Total liabilities and stockholders' equity $ 34,255 $ 42,984