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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 57,389 $ 14,198
Accounts receivable 20,326 4,200
Inventory 19,375 8,082
Deposits on purchased inventory 7,043 2,522
Deferred cost of revenue 13,696 3,909
Prepaid expenses and other current assets 4,862 3,023
Total current assets 122,691 35,934
Property and equipment, net 11,564 11,560
Restricted cash 1,143 1,143
Intangible assets, net 78 97
Other assets 235 30
TOTAL ASSETS 135,711 48,764
Current liabilities:    
Accounts payable 11,014 4,980
Accrued liabilities 7,207 6,334
Customer deposits 17,820 19,400
Deferred revenue, current portion 20,151 6,515
Total current liabilities 56,192 37,229
Deferred revenue, net of current portion 3,238 3,918
Long-term debt 44,504 44,290
Warrant liability 22,420 2,723
Other long-term liabilities 7,370 4,257
TOTAL LIABILITIES 133,724 92,417
Commitments and contingencies (Note 7)
Stockholders’ equity (deficit):    
Convertible preferred stock, par value $0.01 per share; 10,000,000 shares authorized at December 31, 2017 and 2016; no shares issued and outstanding at December 31, 2017 and 2016 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at December 31, 2017 and 2016; 67,653,974 and 43,581,184 shares issued and outstanding at December 31, 2017 and 2016 666 426
Additional paid-in capital 321,174 203,598
Accumulated deficit (319,853) (247,677)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) 1,987 (43,653)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 135,711 $ 48,764