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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 58,114 $ 40,015
Restricted cash 3,495 0
Accounts receivable, net of allowance for doubtful accounts of $402 and $1,384, respectively 23,065 29,940
Inventories 33,701 33,952
Prepaid expenses and other 11,666 10,201
Total current assets 130,041 114,108
Property, plant and equipment, net of accumulated depreciation of $25,902 and $21,715, respectively 8,705 13,699
Rental assets, net of accumulated depreciation of $17,443 and $15,754, respectively 4,487 6,109
Intangible assets, net of accumulated amortization of $44,085 and $63,020, respectively 47,710 51,487
Goodwill 21,196 32,511
Right-of-use assets, net 8,010 9,092
Other assets 380 388
Total assets 220,529 227,394
Current liabilities:    
Accounts payable 44,451 52,339
Accrued expenses and other current liabilities 24,403 23,373
Total current liabilities 68,854 75,712
Long-term liabilities:    
2025 Notes, net 157,879 165,147
Deferred tax liabilities, net 1,042 4,505
Other long-term liabilities 8,086 9,929
Total liabilities 235,861 255,293
Commitments and contingencies
Stockholders’ deficit:    
Series E Preferred stock, par value $0.001; 39,500 shares designated, 25,000 and 35,000 shares issued and outstanding, respectively, liquidation preference of $1,000 per share (plus any accrued but unpaid dividends) 0 0
Common stock, par value $0.001; 150,000,000 shares authorized, 104,950,049 and 99,399,029 shares issued and outstanding, respectively 105 99
Additional paid-in capital 766,736 711,487
Accumulated other comprehensive loss (7,242) (6,972)
Accumulated deficit (774,931) (732,422)
Total stockholders’ deficit attributable to Inseego Corp. (15,332) (27,808)
Noncontrolling interests 0 (91)
Total stockholders’ deficit (15,332) (27,899)
Total liabilities and stockholders’ deficit $ 220,529 $ 227,394