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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 163,881 $ 226,783
Accounts receivable 26,548 16,817
Inventory 46,456 55,031
Deposits on purchased inventory 4,254 6,457
Deferred cost of revenue 8,705 3,466
Prepaid expenses and other current assets 4,659 3,310
Total current assets 254,503 311,864
Property and equipment, net 22,533 23,399
Restricted cash 1,460 1,404
Intangible assets, net 51 55
Right-of-use assets 10,055 11,720
Other assets 1,485 1,577
TOTAL ASSETS 290,087 350,019
Current liabilities:    
Accounts payable 7,607 13,739
Accrued liabilities 17,966 21,390
Customer deposits 16,080 9,662
Operating lease liability, current 2,251 2,264
Current portion of long-term debt 15,556 1,556
Deferred revenue, current 21,838 10,457
Total current liabilities 81,298 59,068
Deferred revenue, net of current portion 2,884 3,553
Long-term debt 40,134 53,995
Warrant liabilities 4,092 5,373
Operating lease liability, noncurrent 8,816 10,479
Other long-term liabilities 1,827 1,377
TOTAL LIABILITIES 139,051 133,845
Commitments and contingencies (Note 6) 0 0
Stockholders’ equity:    
Preferred stock, par value of $0.01 per share; 10,000,000 shares authorized at September 30, 2020 and December 31, 2019; no shares issued and outstanding at September 30, 2020 and December 31, 2019 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at September 30, 2020 and December 31, 2019; 147,954,426 and 147,191,695 shares issued and outstanding at September 30, 2020 and December 31, 2019 1,469 1,462
Additional paid-in capital 750,552 733,888
Accumulated deficit (600,985) (519,176)
TOTAL STOCKHOLDERS’ EQUITY 151,036 216,174
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 290,087 $ 350,019