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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 12,570 $ 17,853
Accounts receivable, net of allowance for doubtful accounts of $601 at December 31, 2015 and $217 at December 31, 2014 35,263 24,213
Short-term investments 1,267 0
Inventories 55,837 37,803
Prepaid expenses and other 6,039 7,912
Total current assets 110,976 87,781
Property, plant and equipment, net 8,812 5,279
Rental assets, net 6,155 0
Intangible assets, net of accumulated amortization of $17,380 at December 31, 2015 and $14,050 at December 31, 2014 43,089 1,493
Goodwill 29,520 0
Other assets 201 467
Total assets 198,753 95,020
Current liabilities:    
Accounts payable 35,286 34,540
Accrued expenses and other current liabilities 25,613 23,844
DigiCore bank facilities 3,313 0
Total current liabilities 64,212 58,384
Long-term liabilities:    
Convertible senior notes, net 82,461 0
Revolving credit facility 0 5,158
Deferred tax liabilities, net 3,475 0
Other long-term liabilities 18,142 932
Total liabilities $ 168,290 $ 64,474
Commitments and Contingencies
Stockholders’ equity:    
Preferred stock, par value $0.001; 2,000 shares authorized and none outstanding $ 0 $ 0
Common stock, par value $0.001; 150,000 and 100,000 shares authorized at December 31, 2015 and December 31, 2014, respectively, 53,165 and 45,742 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively 53 46
Additional paid-in capital 502,337 466,665
Accumulated other comprehensive loss (8,507) 0
Accumulated deficit (463,451) (411,165)
Treasury stock at cost; 0 common shares at December 31, 2015 and 2,436 common shares at December 31, 2014 0 (25,000)
Total stockholders’ equity attributable to Novatel Wireless, Inc. 30,432 30,546
Noncontrolling interests 31 0
Total stockholders’ equity 30,463 30,546
Total liabilities and stockholders’ equity $ 198,753 $ 95,020