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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 46,474 $ 40,015
Restricted cash 3,338 0
Accounts receivable, net of allowances of $408 and $1,384, respectively 26,781 29,940
Inventories 37,402 33,952
Prepaid expenses and other 13,624 10,201
Total current assets 127,619 114,108
Property, plant and equipment, net of accumulated depreciation of $26,692 and $21,715, respectively 8,102 13,699
Rental assets, net of accumulated depreciation of $5,392 and $15,754, respectively 4,575 6,109
Intangible assets, net of accumulated amortization of $48,404 and $63,020, respectively 46,995 51,487
Goodwill 20,336 32,511
Right-of-use assets, net 7,839 9,092
Other assets 377 388
Total assets 215,843 227,394
Current liabilities:    
Accounts payable 48,577 52,339
Accrued expenses and other current liabilities 26,253 23,373
Total current liabilities 74,830 75,712
Long-term liabilities:    
Convertible senior notes, net 157,866 165,147
Deferred tax liabilities, net 852 4,505
Other long-term liabilities 7,149 9,929
Total liabilities 240,697 255,293
Commitments and Contingencies
Preferred stock, par value $0.001; 2,000,000 shares authorized:    
Series E Preferred stock, par value $0.001; 39,500 shares designated, respectively, 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, 105,380,533 and 99,399,029 shares issued and outstanding, respectively 105 99
Additional paid-in capital 770,619 711,487
Accumulated other comprehensive loss (8,531) (6,972)
Accumulated deficit (787,047) (732,422)
Total stockholders’ deficit attributable to Inseego Corp. (24,854) (27,808)
Noncontrolling interests 0 (91)
Total stockholders’ deficit (24,854) (27,899)
Total liabilities and stockholders’ deficit $ 215,843 $ 227,394