Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.5.0.2
Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 84,500 $ 66,106
Short-term investments 13,616 16,793
Accounts receivable, net 27,837 19,872
Inventories, net 12,514 8,648
Deferred cost of revenue 503 397
Income tax receivable 1,228 2,158
Prepaid expenses and other current assets 2,363 870
Total current assets 142,561 114,844
Property and equipment    
Rental equipment, net 55,074 54,677
Manufacturing equipment and tooling 5,640 4,680
Computer equipment and software 4,686 4,503
Furniture and equipment 802 732
Leasehold improvements 1,091 978
Land and building 125 125
Construction in process 478 578
Total property and equipment 67,896 66,273
Less accumulated depreciation (39,456) (35,593)
Property and equipment, net 28,440 30,680
Intangible assets, net 184 229
Deferred tax asset - noncurrent 11,504 15,464
Other assets 97 97
Total assets 182,786 161,314
Current liabilities    
Accounts payable and accrued expenses 19,298 12,867
Accrued payroll 4,528 5,271
Current portion of long-term debt 159 315
Warranty reserve - current 1,674 1,226
Deferred revenue - current 2,318 2,323
Income tax payable   11
Total current liabilities 27,977 22,013
Long-term liabilities    
Warranty reserve - noncurrent 1,347 747
Deferred revenue - noncurrent 5,619 4,199
Other noncurrent liabilities 340 337
Total liabilities 35,283 27,296
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 authorized; 20,068,955 and 19,782,403 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 20 20
Additional paid-in capital 185,086 179,143
Accumulated deficit (37,601) (45,108)
Accumulated other comprehensive loss (2) (37)
Total stockholders' equity 147,503 134,018
Total liabilities and stockholders' equity $ 182,786 $ 161,314