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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 19,285 $ 33,636
Short-term investments 38,831 66,905
Accounts receivable, net of allowances of $3,625 and $284 at December 31, 2017 and 2016, respectively 22,244 17,447
Inventory 47,083 27,734
Prepaid expenses and other current assets 2,359 3,004
Total current assets 129,802 148,726
Property and equipment, net of accumulated depreciation of $13,587 and $10,227 at December 31, 2017 and 2016, respectively 18,110 14,929
Other non-current assets 241  
Goodwill and other intangible assets, net 3,881 3,881
Total assets 152,034 167,536
Current liabilities:    
Accounts payable 4,666 7,166
Accrued compensation and employee related benefits 5,729 7,647
Accrued liabilities 3,162 6,098
Current portion of long-term debt 4,088 2,589
Current portion of capital lease obligations 936 1,130
Current portion of deferred rent 628 306
Current portion of deferred revenue 714 445
Total current liabilities 19,923 25,381
Long-term debt, net of current portion 5,500 9,676
Capital lease obligations, net of current portion 745 1,698
Long-term liabilities — other 532 770
Deferred rent, net of current portion 5,891 5,022
Deferred revenue, net of current portion 501 966
Total liabilities 33,092 43,513
Stockholders' equity:    
Preferred stock, $0.001 par value — 5,000 shares authorized, no shares issued and outstanding at December 31, 2017 and 2016, respectively
Common stock, $0.001 par value — 495,000 shares authorized, 20,973 and 20,336 shares issued and outstanding at December 31, 2017 and 2016, respectively 21 20
Additional paid-in capital 323,482 311,216
Accumulated other comprehensive income (loss) (36) (10)
Accumulated deficit (204,525) (187,203)
Total stockholders' equity 118,942 124,023
Total liabilities and stockholders' equity $ 152,034 $ 167,536