ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reconciliation of cash, cash equivalents, and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Company's consolidated balance sheets to the total amount presented in the consolidated statement of cash flows (in thousands):

	March 31, 2020		December 31, 2019
Cash and cash equivalents at beginning of period	$	24,762	$	21,845
Current restricted cash at beginning of period	943		1,514
Long-term restricted cash at beginning of period	5,295		7,225
Cash, cash equivalents, and restricted cash at beginning of period	$	31,000	$	30,584
Cash and cash equivalents at end of period	$	24,489	$	24,762
Current restricted cash at end of period	943		943
Long-term restricted cash at end of period	4,993		5,295
Cash, cash equivalents, and restricted cash at end of period	$	30,425	$	31,000

Loyalty deferred revenue

The deferred revenue associated with the loyalty program at March 31, 2020 and December 31, 2019 was $3.0 million and $3.1 million, respectively.

Loyalty program	(in thousands)
Loyalty deferred revenue as of January 1, 2019	$	4,231
Loyalty points forfeited or expired	(4,348		)
Loyalty points used	(9,127		)
Loyalty points vested	11,320
Loyalty points unvested	1,051
Loyalty deferred revenue as of December 31, 2019	$	3,127

Loyalty deferred revenue as of January 1, 2020	$	3,127
Loyalty points forfeited or expired	(678		)
Loyalty points used	(2,524		)
Loyalty points vested	1,959
Loyalty points unvested	1,159
Loyalty deferred revenue as of March 31, 2020	$	3,043

Sales return reserve

For the three months ended March 31, 2020 our sales return reserve consisted of the following (in thousands):

Sales reserve as of January 1, 2019	$	76
Provision related to sales made in current period	1,037
Adjustment related to sales made in prior periods	31
Actual returns or credits related to current period	(973		)
Actual returns or credits related to prior periods	(103		)
Sales reserve as of December 31, 2019	$	68
Sales reserve as of January 1, 2020	$	68
Provision related to sales made in current period	248
Adjustment related to sales made in prior periods	(8		)
Actual returns or credits related to current period	(179		)
Actual returns or credits related to prior periods	(55		)
Sales reserve as of March 31, 2020	$	74