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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 49,301 $ 14,198
Accounts receivable 3,272 4,200
Inventory 10,216 8,082
Deposits on purchased inventory 4,473 2,522
Deferred cost of revenue 6,250 3,909
Prepaid expenses and other current assets 4,698 3,023
Total current assets 78,210 35,934
Property and equipment, net 11,353 11,560
Restricted cash 1,143 1,143
Intangible assets, net 92 97
Other assets 30 30
TOTAL ASSETS 90,828 48,764
Current liabilities:    
Accounts payable 5,561 4,980
Accrued liabilities 6,322 6,334
Customer deposits 21,400 19,400
Deferred revenue, current portion 10,291 6,515
Total current liabilities 43,574 37,229
Deferred revenue, net of current portion 3,623 3,918
Long-term debt 44,368 44,290
Warrant liabilities 21,327 2,723
Other long-term liabilities 4,973 4,257
TOTAL LIABILITIES 117,865 92,417
Commitments and contingencies (Note 6)
Stockholders’ deficit:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at March 31, 2017 and December 31, 2016; no shares issued and outstanding at March 31, 2017 and December 31, 2016
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at March 31, 2017 and December 31, 2016; 56,086,583 and 43,581,184 shares issued and outstanding at March 31, 2017 and December 31, 2016 551 426
Additional paid-in capital 248,050 203,598
Accumulated deficit (275,638) (247,677)
TOTAL STOCKHOLDERS’ DEFICIT (27,037) (43,653)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 90,828 $ 48,764