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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 34,413 $ 14,198
Accounts receivable 1,042 4,200
Inventory 18,453 8,082
Deposits on purchased inventory 6,115 2,522
Deferred cost of revenue 10,390 3,909
Prepaid expenses and other current assets 5,091 3,023
Total current assets 75,504 35,934
Property and equipment, net 11,318 11,560
Restricted cash 1,143 1,143
Intangible assets, net 82 97
Other assets 86 30
TOTAL ASSETS 88,133 48,764
Current liabilities:    
Accounts payable 6,799 4,980
Accrued liabilities 9,040 6,334
Customer deposits 20,920 19,400
Deferred revenue, current portion 10,873 6,515
Total current liabilities 47,632 37,229
Deferred revenue, net of current portion 3,215 3,918
Long-term debt 44,458 44,290
Warrant liabilities 12,835 2,723
Other long-term liabilities 6,568 4,257
TOTAL LIABILITIES 114,708 92,417
Commitments and contingencies (Note 6)
Stockholders’ deficit:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at September 30, 2017 and December 31, 2016; no shares issued and outstanding at September 30, 2017 and December 31, 2016 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at September 30, 2017 and December 31, 2016; 59,071,653 and 43,581,184 shares issued and outstanding at September 30, 2017 and December 31, 2016 581 426
Additional paid-in capital 268,051 203,598
Accumulated deficit (295,207) (247,677)
TOTAL STOCKHOLDERS’ DEFICIT (26,575) (43,653)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 88,133 $ 48,764