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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 33,394 $ 27,780
Restricted cash 509 2,664
Short-term investments 65,446 70,020
Accounts receivable, net of allowance for doubtful accounts of $384 and $103 at September 30, 2018 and December 31, 2017, respectively 7,666 12,465
Contract assets 3,237 6,278
Inventories 6,275 5,514
Income Tax Receivable 205 0
Prepaid expenses and other current assets 2,329 1,342
Total current assets 119,061 126,063
Restricted cash, non-current 86 182
Contract assets, non-current 108 0
Long-term investments 2,341 0
Deferred tax assets, non-current 18,082 7,933
Property and equipment, net 15,634 13,393
Operating lease, right of use asset 12,428 2,843
Goodwill 12,790 12,790
Other intangible assets, net 796 1,269
Other assets, non-current 287 12
Total assets 181,613 164,485
Current liabilities:    
Accounts payable 4,515 4,091
Accrued expenses and other current liabilities 6,646 7,948
Lease liabilities 764 1,603
Income taxes payable 0 432
Accrued warranty reserve 409 366
Contract liabilities 15,899 15,909
Current portion of long-term debt 12 11
Total current liabilities 28,245 30,360
Long-term debt, less current portion 7 16
Lease liabilities, non-current 12,797 1,698
Contract liabilities, non-current 30,727 40,517
Other non-current liabilities 242 0
Total liabilities 72,018 72,591
Commitments and Contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at September 30, 2018 and December 31, 2017 0 0
Common stock, $0.001 par value; 200,000,000 shares authorized; 59,230,828 shares issued and 53,774,893 shares outstanding at September 30, 2018 and 58,168,433 shares issued and 53,905,600 shares outstanding at December 31, 2017 59 58
Additional paid-in capital 157,008 149,006
Accumulated comprehensive loss (101) (125)
Treasury stock, at cost, 5,455,935 shares repurchased at September 30, 2018 and 4,262,833 shares repurchased at December 31, 2017 (30,486) (20,486)
Accumulated deficit (16,885) (36,559)
Total stockholders’ equity 109,595 91,894
Total liabilities and stockholders’ equity $ 181,613 $ 164,485