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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 162,486 $ 47,047
Accounts receivable, net of allowance for credit losses of $1,227 and $1,598, respectively 30,760 21,962
Inventories 35,493 28,508
Other current assets and prepaid expenses 13,350 8,779
Total current assets 242,089 106,296
Property and equipment, net 2,205 2,299
Deferred tax asset 589 643
Operating lease right-of-use assets 15,269 17,076
Goodwill 1,339 1,339
Other long-term assets 6,955 5,080
Total assets 268,446 132,733
Current liabilities:    
Accounts payable 7,259 6,684
Accrued liabilities 44,295 32,295
Operating lease liabilities 2,394 2,260
PPP loan payable 0 3,630
Deferred revenue 9,188 9,489
Total current liabilities 63,136 54,358
Deferred revenue, net of current portion 1,492 1,748
Operating lease liabilities, net of current portion 14,117 15,950
PPP loan payable, net of current portion 0 3,555
Convertible notes, net of unamortized debt issuance costs of $4,225 134,025 0
Other long-term liabilities 333 242
Total liabilities 213,103 75,853
Commitments and Contingencies (Notes 12)
Stockholders’ equity:    
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 17,951,534 and 17,679,232 shares at September 30, 2021 and December 31, 2020, respectively 18 18
Additional paid-in capital 109,563 117,097
Accumulated deficit (54,238) (60,235)
Total stockholders’ equity 55,343 56,880
Total liabilities and stockholders’ equity $ 268,446 $ 132,733