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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 6,385 $ 9,894
Accounts receivable, net of allowance for doubtful accounts of $2,015 and $1,660, respectively 30,633 22,203
Inventories 29,389 31,142
Prepaid expenses and other 9,028 5,208
Total current assets 75,435 68,447
Property, plant and equipment, net of accumulated depreciation of $25,873 and $25,032, respectively 8,300 8,392
Rental assets, net of accumulated depreciation of $5,827 and $4,112, respectively 6,569 7,003
Intangible assets, net of accumulated amortization of $19,606 and $17,996, respectively 40,055 40,283
Goodwill 35,039 34,428
Other assets 162 163
Total assets 165,560 158,716
Current liabilities:    
Accounts payable 44,953 31,242
Accrued expenses and other current liabilities 36,085 27,897
DigiCore bank facilities 3,251 3,238
Total current liabilities 84,289 62,377
Long-term liabilities:    
Convertible senior notes, net 89,656 90,908
Revolving credit facility 2,750 0
Deferred tax liabilities, net 4,549 4,439
Other long-term liabilities 10,548 18,719
Total liabilities 191,792 176,443
Commitments and Contingencies
Stockholders’ deficit:    
Preferred stock, par value $0.001; 2,000,000 shares authorized and none outstanding 0 0
Common stock, par value $0.001; 150,000,000 shares authorized, 55,955,138 and 54,372,080 shares issued and outstanding, respectively 56 54
Additional paid-in capital 514,157 507,616
Accumulated other comprehensive loss (362) (1,409)
Accumulated deficit (540,124) (524,024)
Total stockholders’ deficit attributable to Inseego Corp. (26,273) (17,763)
Noncontrolling interests 41 36
Total stockholders’ deficit (26,232) (17,727)
Total liabilities and stockholders’ deficit $ 165,560 $ 158,716