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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 13,775 $ 10,868
Marketable investments 40,299 37,539
Accounts receivable, net of allowance for doubtful accounts of $21 and $4, respectively 16,547 11,669
Inventories 14,977 12,078
Other current assets and prepaid expenses 2,251 1,675
Total current assets 87,849 73,829
Property and equipment, net 1,907 1,473
Deferred tax assets 377 350
Intangibles, net 2 143
Goodwill 1,339 1,339
Other long-term assets 380 384
Total assets 91,854 77,518
Current liabilities:    
Accounts payable 2,598 1,959
Accrued liabilities 17,397 13,834
Deferred revenue 8,394 8,638
Total current liabilities 28,389 24,431
Deferred revenue, net of current portion 1,705 2,287
Income tax liability 168 182
Other long-term liabilities 582 584
Total liabilities 30,844 27,484
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Convertible preferred stock, $0.001 par value; Authorized: 5,000,000 shares; Issued and outstanding: none
Common stock, $0.001 par value; Authorized: 50,000,000 shares; Issued and outstanding: 13,773,389 and 12,980,807 shares at December 31, 2016 and 2015, respectively 14 13
Additional paid-in capital 88,114 79,782
Accumulated deficit (27,046) (29,672)
Accumulated other comprehensive loss (72) (89)
Total stockholders’ equity 61,010 50,034
Total liabilities and stockholders’ equity $ 91,854 $ 77,518