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Balance Sheet Components
3 Months Ended
Mar. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Balance Sheet Components

3.

Balance Sheet Components

Property and Equipment

Property and equipment consisted of the following (in thousands):

 

 

 

March 31,

2018

 

 

December 31,

2017

 

Prototype

 

$

11,938

 

 

$

11,929

 

Machinery and equipment

 

 

9,731

 

 

 

7,831

 

Leasehold improvements

 

 

4,565

 

 

 

4,438

 

Software

 

 

1,120

 

 

 

1,142

 

Furniture and fixtures

 

 

588

 

 

 

558

 

Property and equipment, gross

 

 

27,942

 

 

 

25,898

 

Less: accumulated depreciation and amortization

 

 

(14,987

)

 

 

(14,334

)

Property and equipment, net

 

$

12,955

 

 

$

11,564

 

 

Depreciation and amortization expense related to property and equipment were $653 thousand and $462 thousand during the three months ended March 31, 2018 and 2017, respectively.  

Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

March 31,

2018

 

 

December 31,

2017

 

License cost

 

$

512

 

 

$

512

 

Patents

 

 

104

 

 

 

104

 

Intangible assets, gross

 

 

616

 

 

 

616

 

Accumulated amortization

 

 

(543

)

 

 

(538

)

Intangible assets, net

 

$

73

 

 

$

78

 

 

Intangible assets amortization expense was $5,000 for each of the three months ended March 31, 2018 and 2017. Amortization of intangible assets was recorded in general and administrative expenses in the condensed consolidated statements of operations.

At March 31, 2018, the estimated future amortization expense of intangible assets was as follows (in thousands):

 

Year Ending December 31,

 

Estimated Future

Amortization

Expense

 

The remainder of 2018

 

$

14

 

2019

 

 

19

 

2020

 

 

19

 

2021

 

 

10

 

2022

 

 

3

 

2023

 

 

1

 

Thereafter

 

 

7

 

Total amortization expense

 

$

73

 

 

Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

 

 

 

March 31,

2018

 

 

December 31,

2017

 

Accrued payroll and related benefits

 

$

5,062

 

 

$

3,944

 

Accrued accounts payable

 

 

2,180

 

 

 

2,671

 

Accrued legal, accounting and governance fees

 

 

198

 

 

 

322

 

Tax payable

 

 

401

 

 

 

149

 

Other

 

 

56

 

 

 

121

 

Total accrued liabilities

 

$

7,897

 

 

$

7,207

 

 

Deferred Revenue

Deferred revenue consisted of the following (in thousands):

 

 

 

March 31,

2018

 

 

December 31,

2017

 

Deferred revenue:

 

 

 

 

 

 

 

 

Product

 

$

6,551

 

 

$

18,861

 

Services

 

 

3,234

 

 

 

1,182

 

Distribution rights

 

 

3,228

 

 

 

3,346

 

Total deferred revenue

 

 

13,013

 

 

 

23,389

 

Less: current portion of deferred revenue

 

 

(9,670

)

 

 

(20,151

)

Noncurrent portion of deferred revenue

 

$

3,343

 

 

$

3,238