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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
[1]
Current assets:    
Cash and cash equivalents $ 24,594 $ 23,747
Accounts receivable, net of allowance for doubtful accounts of $240 as of July 1, 2017 and $230 as of December 31, 2016 7,049 10,025
Inventories 11,388 11,643
Prepaid expenses and other current assets 488 450
Total current assets 43,519 45,865
Property and equipment, net 1,561 1,534
Intangible assets, net 124 132
Goodwill 533 533
Other long-term assets 49 80
Total assets 45,786 48,144
Current liabilities:    
Accounts payable 1,781 1,994
Accrued compensation 2,158 2,346
Accrued expenses 1,804 2,135
Accrued warranty 666 603
Deferred revenue 1,345 1,383
Total current liabilities 7,754 8,461
Long-term liabilities:    
Other long-term liabilities 442 523
Total liabilities 8,196 8,984
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 11,559,444 and 11,304,736 shares as of July 1, 2017 and December 31, 2016, respectively 126 124
Additional paid-in capital 58,202 55,158
Accumulated deficit (20,738) (16,122)
Total stockholders’ equity 37,590 39,160
Total liabilities and stockholders’ equity $ 45,786 $ 48,144
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2016.