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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 9,965 $ 21,262
Restricted cash 504 460
Accounts receivable, net 38,074 40,492
Inventories 22,210 20,023
Prepaid expenses 1,678 2,052
Other current assets 1,007 249
Total current assets 73,438 84,538
Property and equipment, net 7,798 8,113
Intangible assets, net 27,320 29,108
Other non-current assets 3,113 2,503
Operating lease right-of-use asset 4,118 4,300
Goodwill 38,640 38,640
Total assets 154,427 167,202
Current liabilities:    
Accounts payable 24,245 22,844
Accrued compensation and benefits 1,941 5,279
Accrued expenses and other current liabilities 7,106 9,368
Price adjustments and other revenue reserves 3,453 3,640
Earn-out liability, current 2,000 2,911
Operating lease liabilities, current 1,266 1,230
Total current liabilities 40,011 45,272
Convertible long-term debt 57,264 56,589
Operating lease liabilities, non-current 4,400 4,726
Deferred tax liability, non-current 1,281 1,363
Other non-current liabilities 401 476
Total liabilities 103,357 108,426
Commitments and contingencies (See Note 9)
Stockholders’ equity:    
Common stock, $0.0001 par value, 100,000,000 shares authorized; 30,268,685 and 29,442,065 shares issued and outstanding as of December 31, 2019 and 2018, respectively 3 3
Additional paid-in capital 209,984 206,356
Accumulated other comprehensive income (loss) (10) 309
Accumulated deficit (158,907) (147,892)
Total stockholders’ equity 51,070 58,776
Total liabilities and stockholders’ equity $ 154,427 $ 167,202