v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 211,962 $ 198,037
Marketable securities 19,257 11,057
Accounts receivable, net 29,717 34,325
Inventories, net 24,815 35,664
Income tax receivable 2,048 2,976
Prepaid expenses and other current assets 17,898 10,160
Total current assets 305,697 292,219
Property and equipment    
Rental equipment, net 46,953 39,308
Manufacturing equipment and tooling 10,361 9,704
Computer equipment and software 7,356 7,266
Furniture and equipment 2,293 1,730
Leasehold improvements 4,592 4,388
Land and building 125 125
Construction in process 2,344 1,773
Total property and equipment 74,024 64,294
Less accumulated depreciation (45,794) (44,856)
Property and equipment, net 28,230 19,438
Goodwill 33,165 32,954
Intangible assets, net 68,797 77,533
Operating lease right-of-use asset 8,827 5,855
Deferred tax asset - noncurrent 14,467 14,452
Other assets 2,669 4,888
Total assets 461,852 447,339
Current liabilities    
Accounts payable and accrued expenses 33,712 30,730
Accrued payroll 7,091 6,215
Warranty reserve - current 5,740 4,923
Operating lease liability - current 1,931 2,014
Deferred revenue - current 6,994 5,478
Income tax payable 1,242 821
Total current liabilities 56,710 50,181
Long-term liabilities    
Warranty reserve - noncurrent 8,654 7,648
Operating lease liability - noncurrent 8,078 4,702
Earnout liability - noncurrent 26,940 26,559
Deferred revenue - noncurrent 11,822 13,541
Deferred tax liability - noncurrent 25 87
Total liabilities 112,229 102,718
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 shares authorized; 22,131,447 and 22,031,410 shares issued and outstanding as of December 31, 2020 and 2019, respectively 22 22
Additional paid-in capital 273,521 263,252
Retained earnings 75,605 81,434
Accumulated other comprehensive income (loss) 475 (87)
Total stockholders' equity 349,623 344,621
Total liabilities and stockholders' equity $ 461,852 $ 447,339

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