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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 30,541 $ 12,074
Accounts receivable, net of allowance for doubtful accounts of $1,578 and $2,133, respectively 27,788 19,656
Inventories, net 14,259 25,290
Prepaid expenses and other 7,252 7,117
Total current assets 79,840 64,137
Property, plant and equipment, net of accumulated depreciation of $15,795 and $16,017, respectively 11,543 10,756
Rental assets, net of accumulated depreciation of $11,925 and $12,791, respectively 4,772 5,385
Intangible assets, net of accumulated amortization of $39,991 and $33,223, respectively 43,049 44,392
Goodwill 27,276 33,659
Right-of-use assets, net 6,476 2,657
Other assets 385 387
Total assets 173,341 161,373
Current liabilities:    
Accounts payable 27,550 26,482
Accrued expenses and other current liabilities 17,618 17,861
Term loan, net 46,911 0
DigiCore bank facilities 122 187
Total current liabilities 92,201 44,530
Long-term liabilities:    
Convertible senior notes, net 44,230 101,334
Term loan, net 0 46,538
Deferred tax liabilities, net 2,976 3,949
Other long-term liabilities 6,131 2,380
Total liabilities 145,538 198,731
Commitments and Contingencies
Stockholders’ equity (deficit):    
Series E Preferred stock, par value $0.001; 39,500 and 10,000 shares designated, respectively, 37,330 and 10,000 shares issued and outstanding, respectively, liquidation preference of $1,000 per share (plus any accrued but unpaid dividends) 0 0
Common stock, par value $0.001; 150,000,000 shares authorized, 96,179,991 and 81,974,051 shares issued and outstanding, respectively 96 82
Additional paid-in capital 682,047 584,862
Accumulated other comprehensive loss (17,359) (3,879)
Accumulated deficit (636,893) (618,303)
Total stockholders’ equity (deficit) attributable to Inseego Corp. 27,891 (37,238)
Noncontrolling interests (88) (120)
Total stockholders’ equity (deficit) 27,803 (37,358)
Total liabilities and stockholders’ equity (deficit) $ 173,341 $ 161,373