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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2016
Accounting Policies [Abstract]  
Activity of Allowance for Doubtful Accounts

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

 

     June 30,
2016
     December 31,
2015
 
     (in thousands)  

Beginning balance

   $ 389       $ 140   

Net allowance adjustments

     (224      235   

Accounts charged off, less recoveries

     (61      14   
  

 

 

    

 

 

 

Ending balance

   $ 104       $ 389   
  

 

 

    

 

 

 
Inventories

Inventories are composed of the following:

 

     June 30,
2016
     December 31,
2015
 
     (in thousands)  

Raw materials

   $ 6,758       $ 7,346   

Work in progress

     10,491         9,920   

Finished goods

     3,961         4,067   
  

 

 

    

 

 

 
   $ 21,210       $ 21,333   
  

 

 

    

 

 

 
Property and Equipment

Property and equipment consisted of the following:

 

     June 30,
2016
     December 31,
2015
 
     (in thousands)  

Land and land improvements

   $ 2,540       $ 4,133   

Buildings

     26,103         26,097   

Machinery, equipment and tooling

     50,695         50,364   

Leasehold improvements

     7,141         7,141   

Furniture and fixtures

     816         816   

Information systems

     1,121         1,105   

Construction in progress

     1,280         1,327   
  

 

 

    

 

 

 

Total cost

     89,696         90,983   

Accumulated depreciation and amortization

     (36,669 )      (33,414 )
  

 

 

    

 

 

 

Property and equipment, net

   $ 53,027       $ 57,569   
  

 

 

    

 

 

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

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

 

     June 30,
2015
 

Warrants

     —     

Stock options

     8,102   
  

 

 

 

Total

     8,102   
  

 

 

 
Components of Accumulated Comprehensive Loss

The following table summarizes the components of accumulated comprehensive loss:

 

     June 30,
2016
     December 31,
2015
 
     (in thousands)  

Unrealized loss on investments

   $ (12 )    $ (17 )

Unrealized loss on currency translation

     (12 )      (16 )
  

 

 

    

 

 

 

Ending balance

   $ (24 )    $ (33 )