Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.5.0.2
Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 86,009 $ 66,106
Marketable securities 22,331 16,793
Accounts receivable, net 29,717 19,872
Inventories, net 16,499 8,648
Deferred cost of revenue 439 397
Income tax receivable 1,612 2,158
Prepaid expenses and other current assets 1,470 870
Total current assets 158,077 114,844
Property and equipment    
Rental equipment, net 54,684 54,677
Manufacturing equipment and tooling 5,850 4,680
Computer equipment and software 4,663 4,503
Furniture and equipment 757 732
Leasehold improvements 811 978
Land and building 125 125
Construction in process 430 578
Total property and equipment 67,320 66,273
Less accumulated depreciation (40,485) (35,593)
Property and equipment, net 26,835 30,680
Intangible assets, net 268 229
Deferred tax asset - noncurrent 9,514 15,464
Other assets 97 97
Total assets 194,791 161,314
Current liabilities    
Accounts payable and accrued expenses 20,710 12,867
Accrued payroll 5,844 5,271
Current portion of long-term debt 80 315
Warranty reserve - current 1,559 1,226
Deferred revenue - current 2,035 2,323
Income tax payable   11
Total current liabilities 30,228 22,013
Long-term liabilities    
Warranty reserve - noncurrent 1,838 747
Deferred revenue - noncurrent 6,343 4,199
Other noncurrent liabilities 300 337
Total liabilities 38,709 27,296
Commitments and contingencies (Note 9)
Stockholders' equity    
Common stock, $0.001 par value per share; 200,000,000 authorized; 20,244,243 and 19,782,403 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 20 20
Additional paid-in capital 190,202 179,143
Accumulated deficit (34,146) (45,108)
Accumulated other comprehensive income (loss) 6 (37)
Total stockholders' equity 156,082 134,018
Total liabilities and stockholders' equity $ 194,791 $ 161,314