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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 50,904 $ 53,766
Accounts receivable, net of allowance for doubtful accounts of $4,334 and $4,072, respectively 61,563 57,665
Inventories 38,224 34,300
Prepaid expenses and other current assets 19,314 15,553
Total current assets 170,005 161,284
Satellite network and other equipment, net 149,769 160,070
Goodwill 166,129 166,129
Intangible assets, net 76,529 86,264
Other assets 25,153 12,603
Deferred income taxes 127 109
Total assets 587,712 586,459
Current liabilities:    
Accounts payable 17,395 15,527
Accrued liabilities 41,754 35,735
Current portion of deferred revenue 2,308 5,954
Total current liabilities 61,457 57,216
Note payable - related party 1,241 1,298
Notes payable, net of unamortized deferred issuance costs 246,489 245,907
Deferred revenue, net of current portion 8,771 5,471
Deferred tax liabilities 15,012 16,109
Other liabilities 14,162 2,600
Total liabilities 347,132 328,601
Commitments and contingencies
ORBCOMM Inc. stockholders' equity    
Common stock, par value $0.001; 250,000,000 shares authorized; 78,286,252 and 79,008,243 shares issued at September 30, 2019 and December 31, 2018, respectively 78 79
Additional paid-in capital 448,833 449,343
Accumulated other comprehensive loss (1,132) (381)
Accumulated deficit (208,441) (192,507)
Less treasury stock, at cost; 98,276 and 29,990 shares at September 30, 2019 and December 31, 2018, respectively (433) (96)
Total ORBCOMM Inc. stockholders' equity 239,311 256,832
Noncontrolling interests 1,269 1,026
Total equity 240,580 257,858
Total liabilities and equity 587,712 586,459
Series A Convertible Preferred Stock [Member]    
ORBCOMM Inc. stockholders' equity    
Series A Convertible Preferred Stock, par value $0.001; 1,000,000 shares authorized; 40,624 and 39,442 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively $ 406 $ 394