XML 22 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 156,720 $ 226,783
Accounts receivable 11,769 16,817
Inventory, net of allowance of $2,286 and $1,363, respectively 46,641 55,031
Deposits on purchased inventory 2,084 6,457
Deferred cost of revenue 1,954 3,466
Prepaid expenses and other current assets 5,257 3,310
Total current assets 224,425 311,864
Property and equipment, net 24,062 23,399
Restricted cash 1,460 1,404
Intangible assets, net 50 55
Right-of-use assets 10,129 11,720
Other assets 1,426 1,577
TOTAL ASSETS 261,552 350,019
Current liabilities:    
Accounts payable 9,984 13,739
Accrued liabilities 19,281 21,390
Customer deposits 15,463 9,662
Operating lease liability, current 2,089 2,264
Current portion of long-term debt 0 1,556
Deferred revenue, current portion 10,094 10,457
Total current liabilities 56,911 59,068
Deferred revenue, net of current portion 2,572 3,553
Long-term debt 56,940 53,995
Warrant liability 4,864 5,373
Operating lease liability, noncurrent 9,043 10,479
Other long-term liabilities 956 1,377
TOTAL LIABILITIES 131,286 133,845
Commitments and contingencies (Note 6) 0 0
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized at December 31, 2020 and 2019; no shares issued and outstanding at December 31, 2020 and 2019 0 0
Common stock, par value of $0.01 per share; 300,000,000 shares authorized at December 31, 2020 and 2019; 148,615,351 and 147,191,695 shares issued and outstanding at December 31, 2020 and 2019 1,476 1,462
Additional paid-in capital 755,874 733,888
Accumulated deficit (627,084) (519,176)
TOTAL STOCKHOLDERS’ EQUITY 130,266 216,174
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 261,552 $ 350,019