Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Balance Sheet Components (Tables)

v3.7.0.1
Note 5 - Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventory

Inventory consisted of the following as of March 31, 2017 and December 31, 2016 (in thousands):

 

   

As of

March 31, 2017

  As of December 31, 2016
Raw materials   $ —       $ —    
Work-in-process     —         —    
Finished goods     6,114       8,568  
Inventory   $ 6,114     $ 8,568  

 

Schedule of Property, Plant and Equipment

Property and equipment consisted of the following as of March 31, 2017 and December 31, 2016 (in thousands):

 

   

As of

March 31, 2017

  As of December 31, 2016
Furniture, fixtures and equipment   $ 3,561     $ 3,521  
Leasehold improvements     2,504       2,504  
Manufacturing and lab equipment     3       3  
Vehicles     209       334  
Displays     483       483  
Website     462       462  
Construction in process     36       55  
Property and equipment, gross     7,258       7,362  
Less: accumulated depreciation and amortization     (4,405 )     (4,119 )
Property and equipment, net   $ 2,853     $ 3,243  

Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

   

As of March 31, 2017

 

   

Gross Value

 

 

Accumulated
Amortization

 

 

Net
Carrying
Value

 

 

Remaining Weighted-
Average
Useful Lives
(years)

 

Amortized Intangible Assets                                
Brand   $ 2,244     $ (686 )   $ 1,558       4.9  
Total intangible assets   $ 2,244     $ (686 )   $ 1,558          

 

   

As of December 31, 2016

 

   

Gross Value

 

 

Accumulated
Amortization

 

 

Net
Carrying
Value

 

 

Remaining Weighted-
Average
Useful Lives
(years)

 

Amortized Intangible Assets                                
Brand   $ 2,244     $ (606 )   $ 1,638       5.1  
Total intangible assets   $ 2,244     $ (606 )   $ 1,638          

 

 

Schedule of Estimated Future Amortization Expense of Intangible Assets

As of March 31, 2017, the estimated future amortization expense of intangible assets is as follows (in thousands):

 

For the Year Ending December 31,      
2017   $ 241  
2018     321  
2019     321  
2020     321  
2021     321  
Thereafter     33  
Total amortization expense   $ 1,558