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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Summary of Company's Restricted Cash

A summary of the Company’s restricted cash at December 31, 2015 and 2014 is as follows:

 

     As of December 31,  
     2015      2014  
     (in thousands)  

Certificates of deposit

   $ 5       $ 5   

Flexible spending funds

     2         4   

Fixed deposit pledge

     163         174   
  

 

 

    

 

 

 
   $ 170       $ 183   
  

 

 

    

 

 

 
Activity of Allowance for Doubtful Accounts

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

 

     Year ended December 31,  
     2015      2014  
     (in thousands)  

Beginning balance

   $ 140       $ 50   

Charges to costs and expenses

     235         105   

Accounts charged off, less recoveries

     14         (15
  

 

 

    

 

 

 

Ending balance

   $ 389       $ 140   
  

 

 

    

 

 

 
Inventories

Inventories are composed of the following:

 

     As of December 31,  
     2015      2014  
     (in thousands)  

Raw materials

   $ 7,346       $ 14,503   

Work in progress

     9,920         6,357   

Finished goods

     4,067         1,879   
  

 

 

    

 

 

 
   $ 21,333       $ 22,739   
  

 

 

    

 

 

 
Property and Equipment

Property and equipment consisted of the following:

 

     As of December 31,  
     2015      2014  
     (in thousands)  

Land and land improvements

   $ 4,133       $ 4,133   

Buildings

     26,097         32,482   

Machinery, equipment and tooling

     50,364         127,158   

Leasehold improvements

     7,141         7,640   

Furniture and fixtures

     816         961   

Information systems

     1,105         1,140   

Construction in progress

     1,327         3,734   
  

 

 

    

 

 

 

Total cost

     90,983         177,248   

Accumulated depreciation and amortization

     (33,414      (69,572
  

 

 

    

 

 

 

Property and equipment, net

   $ 57,569       $ 107,676   
  

 

 

    

 

 

 
Property and Equipment, Estimated Useful Lives

The estimated useful lives are as follows:

 

Asset description

  

Life

Buildings    39 years
Machinery, equipment and tooling    3-10 years
Leasehold improvements    Lesser of life of lease or economic life
Furniture and fixtures    7 years
Information systems    3 years
Product Warranty Liability

The following table presents changes in the Company’s product warranty liability:

 

     Year ended
December 31,
 
     2015      2014  
     (in thousands)  

Balance, beginning of period

   $ 97       $ 141   

Charged to cost of sales

     90         407   

Actual product warranty expenditures

     (114      (451
  

 

 

    

 

 

 

Balance, end of period

   $ 73       $ 97   
  

 

 

    

 

 

 

Components of Comprehensive Loss

 A summary of the components of comprehensive loss for the years ended December 31, 2015 and 2014 follows:

 

     Year Ended December 31,  
     2015      2014  
     (in thousands)  

Reclassification of unrealized gain included in net loss

   $ —        $ 388   

Unrealized loss on investments, net of tax

     (17      (415

Unrealized loss on currency translation

     (16 )      (16
  

 

 

    

 

 

 

Ending Balance

   $ (33    $ (43
  

 

 

    

 

 

 

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

The number of anti-dilutive shares excluded from the calculation of diluted net loss per share is as follows as of December 31, 2014:

 

     2014  

Warrants

     46,290   

Stock options

     4,146   
  

 

 

 
     50,436