XML 47 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Activity of Allowance for Doubtful Accounts

The following table shows the activity of the allowance for doubtful accounts:

 

     March 31,
2015
     December 31,
2014
 
     (in thousands)  

Beginning balance

   $ 140       $ 50   

Charges to costs and expenses

     (63      105   

Accounts charged off, less recoveries

     —          (15
  

 

 

    

 

 

 

Ending balance

$ 77    $ 140   
  

 

 

    

 

 

 
Inventories

Inventories are composed of the following:

 

     March 31,
2015
     December 31,
2014
 
     (in thousands)  

Raw materials

   $ 12,913       $ 14,503   

Work in progress

     7,468         6,357   

Finished goods

     1,417         1,879   
  

 

 

    

 

 

 
$ 21,798    $ 22,739   
  

 

 

    

 

 

 
Property and Equipment

Property and equipment consisted of the following:

 

     March 31,
2015
     December 31,
2014
 
     (in thousands)  

Land and land improvements

   $ 4,133       $ 4,133   

Buildings

     32,487         32,482   

Machinery, equipment and tooling

     127,404         127,158   

Leasehold improvements

     7,640         7,640   

Furniture and fixtures

     961         961   

Information systems

     1,140         1,140   

Construction in progress

     3,650         3,734   
  

 

 

    

 

 

 

Total cost

  177,415      177,248   

Accumulated depreciation and amortization

  (72,822   (69,572
  

 

 

    

 

 

 

Property and equipment, net

$ 104,593    $ 107,676   
  

 

 

    

 

 

 
Anti-Dilutive Securities Excluded from Calculation of Diluted Net Loss Per Share

At March 31, 2015 and 2014, the Company had the following anti-dilutive securities outstanding which were excluded from the calculation of diluted net loss per share:

 

     March 31,
2015
     March 31,
2014
 

Warrants

     38,219         175,832   

Stock options

     21,952         357,511   
  

 

 

    

 

 

 
  60,171      533,343   
  

 

 

    

 

 

 
Components of Comprehensive Loss

The following table summarizes the components of comprehensive loss:

 

     March 31,
2015
     December 31,
2014
 
     (in thousands)  

Reclassification of unrealized gain included in net loss

   $ —        $ 388   

Unrealized loss on investments, net of taxes

     (22      (415

Unrealized loss on currency translation

     (15      (16
  

 

 

    

 

 

 

Ending Balance

$ (37 $ (43