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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 28,451 $ 68,520
Accounts receivable (net of allowances of $356 at each of December 31, 2021 and 2020, respectively) 18,320 25,423
Inventories, net 20,825 19,689
Prepaid expenses and other current assets 4,470 4,031
Total current assets 72,066 117,663
Property and equipment, net 28,034 17,531
Operating lease right-of-use asset, net 37,119 38,114
Other non-current assets 3,689 4,680
Developed technology, net 27,927 40,206
Goodwill 106,379 106,563
Total assets 275,214 324,757
Current liabilities:    
Accounts payable 10,602 9,220
Accrued compensation and related benefits 4,920 13,787
Operating lease liabilities, current 3,053 2,973
Deferred revenue, current 11,947 13,475
Deferred grant income, current 3,535 2,912
Other accrued liabilities 8,673 11,882
Advances under revolving credit agreement, current 6,838 0
Total current liabilities 49,568 54,249
Term loan, net 10,049 0
Convertible notes, net 54,160 54,224
Deferred tax liability per balance sheet 4,329 8,697
Operating lease liabilities, non-current 37,548 38,178
Deferred revenue, non-current 5,966 7,990
Deferred grant income, non-current 18,116 21,036
Other non-current liabilities 882 1,333
Total liabilities 180,618 185,707
Commitments and contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.001 par value, 10,000 shares authorized, no shares issued and outstanding at either December 31, 2021 or 2020 0 0
Common stock: $0.001 par value, 200,000 shares authorized at December 31, 2021 and 2020; 76,919 and 74,543 shares issued and outstanding at December 31, 2021 and 2020, respectively 77 75
Additional paid-in capital 831,424 815,624
Accumulated other comprehensive loss (907) 112
Accumulated deficit (735,998) (676,761)
Total stockholders’ equity 94,596 139,050
Total liabilities and stockholders’ equity $ 275,214 $ 324,757