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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 16,112 $ 21,198
Restricted cash 61 61
Accounts receivable, net of allowance for doubtful accounts of $2,775 and $2,683, respectively 18,862 15,674
Inventories, net 15,025 20,403
Prepaid expenses and other 5,560 9,101
Total current assets 55,620 66,437
Property, plant and equipment, net of accumulated depreciation of $28,958 and $28,138, respectively 6,856 6,991
Rental assets, net of accumulated depreciation of $10,375 and $9,039, respectively 7,602 7,563
Intangible assets, net of accumulated amortization of $28,061 and $25,473, respectively 38,568 38,671
Goodwill 39,279 37,681
Other assets 871 864
Total assets 148,796 158,207
Current liabilities:    
Accounts payable 20,349 29,332
Accrued expenses and other current liabilities 36,135 27,558
DigiCore bank facilities 3,060 3,075
Total current liabilities 59,544 59,965
Long-term liabilities:    
Convertible senior notes, net 86,843 84,773
Term loan, net 44,428 44,055
Deferred tax liabilities, net 5,520 5,261
Other long-term liabilities 1,697 9,768
Total liabilities 198,032 203,822
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, 59,221,551 and 58,644,559 shares issued and outstanding, respectively 59 59
Additional paid-in capital 520,793 519,531
Accumulated other comprehensive income 7,781 4,604
Accumulated deficit (577,809) (569,759)
Total stockholders’ deficit attributable to Inseego Corp. (49,176) (45,565)
Noncontrolling interests (60) (50)
Total stockholders’ deficit (49,236) (45,615)
Total liabilities and stockholders’ deficit $ 148,796 $ 158,207