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Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 63,647 $ 75,708
Accounts receivable, net 6,251 6,569
Inventory 2,879 2,775
Current portion of net investments in sales-type leases 1,117 880
Current portion of prepaid commission expense 739 689
Prepaid expenses and other current assets 1,799 1,830
Total current assets 76,432 88,451
Property and equipment, net 963 1,107
Operating lease right-of-use assets 3,704 3,796
Net investments in sales-type leases 1,861 1,730
Prepaid commission expense 4,148 3,779
Other assets 1,347 1,305
Total Assets 88,455 100,168
Current liabilities:    
Accounts payable 3,610 4,625
Accrued expenses 5,955 9,031
Deferred revenue 2,255 2,228
Current portion of operating lease liabilities 566 559
Current portion of long-term debt, net   11,250
Total current liabilities 12,386 27,693
Long-term debt, net 34,210 19,898
Deferred revenue 1,984 2,106
Operating lease liabilities 3,364 2,619
Total Liabilities 51,944 52,316
Commitments and contingencies (Note 16)
Stockholders’ Equity:    
Preferred stock, $0.01 par value: 10,000 shares authorized; no shares issued or outstanding at March 31, 2020 and December 31, 2019
Common stock, $0.01 par value: 200,000 shares authorized; 18,726 and 18,645 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 187 186
Additional paid-in capital 299,024 297,753
Accumulated deficit (262,700) (250,087)
Total Stockholders' Equity 36,511 47,852
Total Liabilities and Stockholders’ Equity $ 88,455 $ 100,168