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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2015
Accounting Policies [Abstract]  
Activity of Allowance for Doubtful Accounts

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

 

     June 30,
2015
     December 31,
2014
 
     (in thousands)  

Beginning balance

   $ 140       $ 50  

Charges to costs and expenses

     (72      105  

Accounts charged off, less recoveries

     15        (15 )
  

 

 

    

 

 

 

Ending balance

   $ 83       $ 140  
  

 

 

    

 

 

 

Inventories

Inventories are composed of the following:

 

     June 30,
2015
     December 31,
2014
 
     (in thousands)  

Raw materials

   $ 11,498       $ 14,503   

Work in progress

     8,663         6,357   

Finished goods

     1,955         1,879   
  

 

 

    

 

 

 
   $ 22,116       $ 22,739   
  

 

 

    

 

 

 
Property and Equipment

Property and equipment consisted of the following:

 

     June 30,
2015
     December 31,
2014
 
     (in thousands)  

Land and land improvements

   $ 4,133      $ 4,133  

Buildings

     32,461        32,482  

Machinery, equipment and tooling

     127,530        127,158  

Leasehold improvements

     7,302        7,640  

Furniture and fixtures

     961        961  

Information systems

     1,140        1,140  

Construction in progress

     3,631        3,734  
  

 

 

    

 

 

 

Total cost

     177,158        177,248  

Accumulated depreciation and amortization

     (75,764 )      (69,572 )
  

 

 

    

 

 

 

Property and equipment, net

   $ 101,394      $ 107,676  
  

 

 

    

 

 

 

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

At June 30, 2015 and 2014, the Company had the following anti-dilutive securities outstanding which were excluded from the calculation of diluted net loss per share:

 

     June 30,
2015
     June 30,
2014
 

Warrants

     —           170,323   

Stock options

     8,102         354,793   
  

 

 

    

 

 

 

Total

     8,102         525,116   
  

 

 

    

 

 

 
Components of Comprehensive Loss

The following table summarizes the components of comprehensive loss:

 

     June 30,
2015
     December 31,
2014
 
     (in thousands)  

Reclassification of unrealized gain included in net loss

   $ —         $ 388  

Unrealized loss on investments

     (18 )      (415 )

Unrealized loss on currency translation

     (15 )      (16 )
  

 

 

    

 

 

 

Ending Balance

   $ (33 )    $ (43 )