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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 5,416 $ 20,583
Short-term investments 51,724 53,453
Accounts receivable, net 16,728 22,193
Inventory 14,544 13,812
Prepaid expenses and other 3,953 3,744
Total current assets 92,365 113,785
Restricted cash 143 143
Property and equipment, net 13,657 12,158
Other assets 368 287
Total assets 106,533 126,373
Current liabilities:    
Accounts payable 2,145 4,935
Accrued liabilities 9,117 12,344
Deferred revenue, current portion 20,798 19,033
Deferred rent, current portion 337 13
Lease financing obligations, current portion 26 58
Total current liabilities 32,423 36,383
Deferred revenue, net of current portion 20,656 22,664
Deferred rent and other long-term liabilities 8,763 7,655
Long-term debt and lease financing obligations, net of current portion and debt issuance costs 47,748 47,366
Total liabilities 109,590 114,068
Commitment and contingencies
Stockholders’ equity (deficit):    
Preferred stock, $0.0001 par value, 15,000 shares authorized; none issued 0 0
Common stock, $0.0001 par value, 150,000 shares authorized; 21,684 and 21,528 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively 2 2
Additional paid-in capital 285,381 281,900
Accumulated other comprehensive loss (48) (57)
Accumulated deficit (288,392) (269,540)
Total stockholders’ equity (deficit) (3,057) 12,305
Total liabilities and stockholders’ equity (deficit) $ 106,533 $ 126,373