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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 14,774 $ 26,316
Marketable investments 4,746 7,605
Accounts receivable, net of allowance for credit losses of $937 and $1,355, respectively 15,660 21,556
Inventories 36,941 33,921
Other current assets and prepaid expenses 4,831 5,648
Total current assets 76,952 95,046
Property and equipment, net 2,687 2,817
Deferred tax asset 408 423
Operating lease-right-of-use assets 7,143 7,702
Goodwill 1,339 1,339
Other long-term assets 5,901 6,411
Total assets 94,430 113,738
Current liabilities:    
Accounts payable 14,604 12,685
Accrued liabilities 23,663 30,307
Operating lease liabilities 2,204 2,800
Extended warranty liability 1,765 1,999
Deferred revenue 10,180 10,831
Total current liabilities 52,416 58,622
Deferred revenue, net of current portion 2,789 3,391
Income tax liability 93 93
Operating lease liabilities, net of current portion 5,149 5,112
Other long-term liabilities 447 578
Total liabilities 60,894 67,796
Commitments and Contingencies (Notes 12 and 13)
Stockholders’ equity:    
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 14,578,146 and 14,315,586 shares at March 31, 2020 and December 31, 2019, respectively 15 14
Additional paid-in capital 82,292 82,346
Accumulated deficit (48,772) (36,358)
Accumulated other comprehensive income (loss) 1 (60)
Total stockholders’ equity 33,536 45,942
Total liabilities and stockholders’ equity $ 94,430 $ 113,738