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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 167,432 $ 57,389
Accounts receivable 36,867 20,326
Inventory 49,462 19,375
Deposits on purchased inventory 8,142 7,043
Deferred cost of revenue 9,736 13,696
Prepaid expenses and other current assets 6,045 4,862
Total current assets 277,684 122,691
Property and equipment, net 13,958 11,564
Restricted cash 1,933 1,143
Intangible assets, net 0 78
Other assets 1,395 235
TOTAL ASSETS 294,970 135,711
Current liabilities:    
Accounts payable 10,207 11,014
Accrued liabilities 9,983 7,207
Customer deposits 19,968 17,820
Deferred revenue, current portion 13,731 20,151
Total current liabilities 53,889 56,192
Deferred revenue, net of current portion 5,744 3,238
Long-term debt 55,364 44,504
Warrant liability 11,844 22,420
Other long-term liabilities 820 7,370
TOTAL LIABILITIES 127,661 133,724
Commitments and contingencies (Note 6) 0 0
Stockholders’ equity:    
Convertible preferred stock, par value $0.01 per share; 10,000,000 shares authorized at December 31, 2018 and 2017; no shares issued and outstanding at December 31, 2018 and 2017 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at December 31, 2018 and 2017; 96,332,023 and 67,653,974 shares issued and outstanding at December 31, 2018 and 2017 952 666
Additional paid-in capital 565,334 321,174
Accumulated deficit (398,977) (319,853)
TOTAL STOCKHOLDERS’ EQUITY 167,309 1,987
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 294,970 $ 135,711