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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 94,969 $ 26,862
Accounts receivable (net of allowance for doubtful accounts of $102 and $249, respectively) 17,499 18,270
Inventory 3,725 3,793
Other current assets 1,327 1,581
Total current assets 117,520 50,506
Property and equipment, net 4,673 4,071
Total assets 122,193 54,577
Current liabilities:    
Accounts payable 5,011 5,552
Accrued expenses 5,111 5,573
Deferred rent 503 420
Current portion of term loan credit agreement (net of deferred costs of $69 and $67, respectively) 2,848 350
Warrant liabilities 1,549 1,014
Other 198 181
Total current liabilities 15,220 13,090
Revolving and term loan credit agreement (net of deferred costs of $167 and $196, respectively) 14,416 16,888
Deferred rent 1,959 2,059
Total liabilities 31,595 32,037
COMMITMENTS AND CONTINGENCIES (Note 12)
Shareholders’ equity:    
Common stock, no par value; shares authorized — 75,000; shares issued and outstanding — 42,684 and 35,861, respectively 463,483 383,020
Warrants 302 397
Accumulated deficit (373,187) (360,877)
Total shareholders’ equity 90,598 22,540
Total liabilities and shareholders’ equity $ 122,193 $ 54,577