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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 53,927 $ 14,198
Accounts receivable 1,820 4,200
Inventory 15,358 8,082
Deposits on purchased inventory 5,516 2,522
Deferred cost of revenue 11,163 3,909
Prepaid expenses and other current assets 5,117 3,023
Total current assets 92,901 35,934
Property and equipment, net 11,388 11,560
Restricted cash 1,143 1,143
Intangible assets, net 87 97
Other assets 32 30
TOTAL ASSETS 105,551 48,764
Current liabilities:    
Accounts payable 6,486 4,980
Accrued liabilities 7,486 6,334
Customer deposits 25,900 19,400
Deferred revenue, current portion 13,787 6,515
Total current liabilities 53,659 37,229
Deferred revenue, net of current portion 3,582 3,918
Long-term debt 44,412 44,290
Warrant liabilities 15,128 2,723
Other long-term liabilities 5,757 4,257
TOTAL LIABILITIES 122,538 92,417
Commitments and contingencies (Note 6)
Stockholders’ deficit:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at June 30, 2017 and December 31, 2016; no shares issued and outstanding at June 30, 2017 and December 31, 2016
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at June 30, 2017 and December 31, 2016; 58,915,205 and 43,581,184 shares issued and outstanding at June 30, 2017 and December 31, 2016 579 426
Additional paid-in capital 266,425 203,598
Accumulated deficit (283,991) (247,677)
TOTAL STOCKHOLDERS’ DEFICIT (16,987) (43,653)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 105,551 $ 48,764