Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 135,582	$ 151,290
Short-term investments	44,792	49,737
Accounts receivable, net	71,566	166,045
Inventories	131,227	124,791
Receivables from NETGEAR, net	130	12,184
Prepaid expenses and other current assets	11,121	11,427
Total current assets	394,418	515,474
Property and equipment, net	28,988	49,428
Operating lease right-of-use assets	27,033
Intangibles, net	2,442	2,823
Goodwill	15,638	15,638
Restricted cash	4,133	4,134
Other non-current assets	7,722	8,449
Total assets	480,374	595,946
Current liabilities:
Accounts payable	55,016	82,542
Deferred revenue	25,961	26,678
Accrued liabilities	119,055	172,036
Income tax payable	1,140	734
Total current liabilities	201,172	281,990
Non-current deferred revenue	21,776	23,313
Non-current operating lease liabilities	25,256
Non-current financing lease obligation	0	19,978
Non-current income taxes payable	22	22
Other non-current liabilities	7	1,141
Total liabilities	248,233	326,444
Commitments and contingencies
Stockholders’ Equity:
Preferred stock	0	0
Common stock	75	74
Additional paid-in capital	318,862	315,277
Accumulated other comprehensive income	56	0
Accumulated deficit	(86,852)	(45,849)
Total stockholders’ equity	232,141	269,502
Total liabilities and stockholders’ equity	$ 480,374	$ 595,946