v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 198,037 $ 196,634
Marketable securities 11,057 43,715
Accounts receivable, net 34,325 37,041
Inventories, net 35,664 27,071
Income tax receivable 2,976 2,655
Prepaid expenses and other current assets 10,160 7,467
Total current assets 292,219 314,583
Property and equipment    
Rental equipment, net 39,308 43,038
Manufacturing equipment and tooling 9,704 7,338
Computer equipment and software 7,266 6,153
Furniture and equipment 1,730 1,445
Leasehold improvements 4,388 3,407
Land and building 125 125
Construction in process 1,773 3,128
Total property and equipment 64,294 64,634
Less accumulated depreciation (44,856) (42,293)
Property and equipment, net 19,438 22,341
Goodwill 32,954 2,257
Intangible assets, net 77,533 3,755
Operating lease right-of-use asset 5,855  
Deferred tax asset - noncurrent 14,452 30,130
Other assets 4,888 2,832
Total assets 447,339 375,898
Current liabilities    
Accounts payable and accrued expenses 30,730 26,786
Accrued payroll 6,215 11,407
Warranty reserve - current 4,923 3,549
Operating lease liability - current 2,014  
Deferred revenue - current 5,478 4,451
Income tax payable 821 392
Total current liabilities 50,181 46,585
Long-term liabilities    
Warranty reserve - noncurrent 7,648 5,981
Operating lease liability - noncurrent 4,702  
Earnout liability - noncurrent 26,559  
Deferred revenue - noncurrent 13,541 11,844
Deferred tax liability - noncurrent 87 232
Other noncurrent liabilities   832
Total liabilities 102,718 65,474
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 shares authorized; 22,031,410 and 21,778,632 shares issued and outstanding as of December 31, 2019 and 2018, respectively 22 22
Additional paid-in capital 263,252 249,194
Retained earnings 81,434 60,484
Accumulated other comprehensive income (loss) (87) 724
Total stockholders' equity 344,621 310,424
Total liabilities and stockholders' equity $ 447,339 $ 375,898

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