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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 12,074 $ 31,015
Restricted cash 0 61
Accounts receivable, net of allowance for doubtful accounts of $2,133 and $1,841, respectively 19,656 20,633
Inventories, net 25,290 26,431
Prepaid expenses and other 7,117 6,212
Total current assets 64,137 84,352
Property, plant and equipment, net 10,756 6,698
Rental assets, net 5,385 5,769
Intangible assets, net 44,392 31,985
Goodwill 33,659 32,942
Right-of-use assets, net 2,657  
Other assets 387 510
Total assets 161,373 162,256
Current liabilities:    
Accounts payable 26,482 39,245
Accrued expenses and other current liabilities 17,861 13,024
DigiCore bank facilities 187 1,412
Total current liabilities 44,530 53,681
Long-term liabilities:    
Convertible senior notes, net 101,334 93,054
Term loan, net 46,538 45,046
Deferred tax liabilities, net 3,949 4,457
Other long-term liabilities 2,380 2,543
Total liabilities 198,731 198,781
Commitments and Contingencies
Stockholders’ deficit:    
Series E Preferred stock, par value $0.001; 10,000 shares designated, 10,000 and 0 shares issued and outstanding, respectively, liquidation preference of $1,000 per share 0 0
Common stock, par value $0.001; 150,000,000 shares authorized, 81,974,051 and 73,979,882 shares issued and outstanding, respectively 82 74
Additional paid-in capital 584,862 546,230
Accumulated other comprehensive loss (3,879) (4,877)
Accumulated deficit (618,303) (577,817)
Total stockholders’ deficit attributable to Inseego Corp. (37,238) (36,390)
Noncontrolling interests (120) (135)
Total stockholders’ deficit (37,358) (36,525)
Total liabilities and stockholders’ deficit $ 161,373 $ 162,256