Table:
December 31,

2019	2018

Deferred tax assets:

Net operating losses and credits	$113,475	$61,494

Fixed assets and intangible assets	61,932	55,476

Accruals and reserves	75,133	53,818

Stock-based compensation	8,615	9,494

Inventory	429	911

Other	5,287	4,806

Total deferred tax assets	264,871	185,999

Less: valuation allowance	(244,581)	(181,122)

Deferred tax assets, net of valuation allowance	20,290	4,877

Deferred tax liabilities:

Accruals and reserves	(15,525)	—

Other	(914)	(560)

Total deferred tax liabilities	(16,439)	(560)

Net deferred tax assets	$3,851	$4,317

Reconstruct the table in the presented picture as an HTML-style table in text.

<table border='1' cellspacing='0'>
<tr> <th>  </th> <th> December 31, </th> <th>  </th> </tr>
<tr> <td>  </td> <td> 2019 </td> <td> 2018 </td> </tr>
<tr> <td> Deferred tax assets: </td> <td>  </td> <td>  </td> </tr>
<tr> <td> Net operating losses and credits </td> <td> $113,475 </td> <td> $61,494 </td> </tr>
<tr> <td> Fixed assets and intangible assets </td> <td> 61,932 </td> <td> 55,476 </td> </tr>
<tr> <td> Accruals and reserves </td> <td> 75,133 </td> <td> 53,818 </td> </tr>
<tr> <td> Stock-based compensation </td> <td> 8,615 </td> <td> 9,494 </td> </tr>
<tr> <td> Inventory </td> <td> 429 </td> <td> 911 </td> </tr>
<tr> <td> Other </td> <td> 5,287 </td> <td> 4,806 </td> </tr>
<tr> <td> Total deferred tax assets </td> <td> 264,871 </td> <td> 185,999 </td> </tr>
<tr> <td> Less: valuation allowance </td> <td> (244,581) </td> <td> (181,122) </td> </tr>
<tr> <td> Deferred tax assets, net of valuation allowance </td> <td> 20,290 </td> <td> 4,877 </td> </tr>
<tr> <td> Deferred tax liabilities: </td> <td>  </td> <td>  </td> </tr>
<tr> <td> Accruals and reserves </td> <td> (15,525) </td> <td> — </td> </tr>
<tr> <td> Other </td> <td> (914) </td> <td> (560) </td> </tr>
<tr> <td> Total deferred tax liabilities </td> <td> (16,439) </td> <td> (560) </td> </tr>
<tr> <td> Net deferred tax assets </td> <td> $3,851 </td> <td> $4,317 </td> </tr>
</table>