Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 92,708 $ 73,142
Short-term restricted cash 349 645
Accounts receivable, net 50,411 59,491
Inventory 31,510 41,738
Prepaid expenses and other current assets 6,792 10,357
Total current assets 181,770 185,373
Long-term restricted cash 60 404
Property and equipment, net 16,613 18,404
Leased right-of-use assets 10,978 0
Intangible assets, net 187,971 244,900
Goodwill 238,330 238,330
Deferred tax assets 67,284 51,518
Other long-term assets 2,785 4,664
Total assets 705,791 743,593
Current liabilities:    
Accounts payable 13,442 15,588
Accrued price protection liability 12,557 16,454
Accrued expenses and other current liabilities 31,171 28,282
Accrued compensation 9,392 15,005
Total current liabilities 66,562 75,329
Long-term lease liabilities 9,335 4,097
Long-term debt 206,909 255,757
Other long-term liabilities 8,065 8,474
Total liabilities 290,871 343,657
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.0001 par value; 550,000 shares authorized, 71,931 shares issued and outstanding at December 31, 2019 and 69,551 shares issued and outstanding at December 31, 2018 7 7
Additional paid-in capital 529,596 493,287
Accumulated other comprehensive income (loss) (887) 272
Accumulated deficit (113,796) (93,630)
Total stockholders’ equity 414,920 399,936
Total liabilities and stockholders’ equity $ 705,791 $ 743,593