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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 26,136 $ 20,583
Short-term investments 51,419 53,453
Accounts receivable, net 19,564 22,193
Inventory, net 20,057 13,812
Prepaid expenses and other current assets 4,745 3,744
Total current assets 121,921 113,785
Restricted cash 143 143
Property and equipment, net 14,057 12,158
Other assets 641 287
Total assets 136,762 126,373
Current liabilities:    
Accounts payable 4,092 4,935
Accrued liabilities 4,507 3,494
Employee-related Liabilities, Current 8,634 8,240
Customer Deposits, Current 8,945 610
Deferred revenue, current portion 9,229 19,033
Deferred rent, current portion 512 13
Lease financing obligations, current portion 0 58
Total current liabilities 35,919 36,383
Deferred revenue, net of current portion 3,304 22,664
Deferred rent and other liabilities, net of current portion 8,499 7,655
Long-term debt and lease financing obligations, net of current portion and debt issuance costs 48,931 47,366
Total liabilities 96,653 114,068
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock, $0.0001 par value, 15,000 shares authorized; none issued 0 0
Common stock, $0.0001 par value, 150,000 shares authorized; 25,421 and 21,528 shares issued and outstanding at December 31, 2017 and 2016, respectively 2 2
Additional paid-in-capital 353,308 281,900
Other comprehensive loss (99) (57)
Accumulated deficit (313,102) (269,540)
Total stockholders’ equity 40,109 12,305
Total liabilities and stockholders’ equity $ 136,762 $ 126,373