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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 18,836 $ 21,198
Restricted cash 61 61
Accounts receivable, net of allowance for doubtful accounts of $2,510 and $2,683, respectively 23,418 15,674
Inventories, net 12,937 20,403
Prepaid expenses and other 6,165 9,101
Total current assets 61,417 66,437
Property, plant and equipment, net of accumulated depreciation of $28,991 and $28,138, respectively 6,031 6,991
Rental assets, net of accumulated depreciation of $10,439 and $9,039, respectively 6,300 7,563
Intangible assets, net of accumulated amortization of $27,922 and $25,473, respectively 33,510 38,671
Goodwill 34,358 37,681
Other assets 870 864
Total assets 142,486 158,207
Current liabilities:    
Accounts payable 29,270 29,332
Accrued expenses and other current liabilities 35,397 27,558
DigiCore bank facilities 2,505 3,075
Total current liabilities 67,172 59,965
Long-term liabilities:    
Convertible senior notes, net 88,913 84,773
Term loan, net 44,801 44,055
Deferred tax liabilities, net 4,673 5,261
Other long-term liabilities 1,570 9,768
Total liabilities 207,129 203,822
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, 59,742,747 and 58,644,559 shares issued and outstanding, respectively 60 59
Additional paid-in capital 522,033 519,531
Accumulated other comprehensive income (loss) (2,188) 4,604
Accumulated deficit (584,469) (569,759)
Total stockholders’ deficit attributable to Inseego Corp. (64,564) (45,565)
Noncontrolling interests (79) (50)
Total stockholders’ deficit (64,643) (45,615)
Total liabilities and stockholders’ deficit $ 142,486 $ 158,207