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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 57,732 $ 164,164
Marketable investments 74,047 0
Accounts receivable, net of allowance for credit losses of $1,093 and $899, respectively 33,169 31,449
Inventories 51,680 39,503
Other current assets and prepaid expenses 20,156 14,545
Total current assets 236,784 249,661
Property and equipment, net 3,009 3,019
Deferred tax asset 737 778
Operating lease right-of-use assets 14,330 14,627
Goodwill 1,339 1,339
Other long-term assets 9,792 10,169
Restricted cash 700 700
Total assets 266,691 280,293
Current liabilities:    
Accounts payable 13,646 7,891
Accrued liabilities 48,044 54,100
Operating lease liabilities 2,628 2,419
Deferred revenue 9,719 9,490
Total current liabilities 74,037 73,900
Deferred revenue, net of current portion 1,345 1,335
Operating lease liabilities, net of current portion 13,007 13,483
Convertible notes, net of unamortized debt issuance costs of $3,788 and $4,007, respectively 134,462 134,243
Other long-term liabilities 680 763
Total liabilities 223,531 223,724
Commitments and Contingencies (Note 12)
Stockholders’ equity:    
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 18,132,949 and 17,995,344 shares at March 31, 2022 and December 31, 2021, respectively 18 18
Additional paid-in capital 116,468 114,724
Accumulated other comprehensive loss (11) 0
Accumulated deficit (73,315) (58,173)
Total stockholders’ equity 43,160 56,569
Total liabilities and stockholders’ equity $ 266,691 $ 280,293