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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 166,828 $ 145,924
Marketable investments 100,823 171,390
Accounts receivable, net of allowance for credit losses of $2,985 and $2,497, respectively 52,138 45,562
Inventories, net 71,819 63,628
Other current assets and prepaid expenses 26,156 24,036
Restricted cash 700 700
Total current assets 418,464 451,240
Property and equipment, net 53,016 40,368
Deferred tax assets 577 590
Goodwill 1,339 1,339
Operating lease right-of-use assets 12,059 12,831
Other long-term assets 14,343 14,620
Total assets 499,798 520,988
Current liabilities:    
Accounts payable 35,169 33,736
Accrued liabilities 58,660 57,452
Operating lease liabilities 2,722 2,810
Deferred revenue 12,243 11,841
Total current liabilities 108,794 105,839
Deferred revenue, net of current portion 1,643 1,657
Operating lease liabilities, net of current portion 10,652 11,352
Convertible notes, net of unamortized debt issuance costs of $12,114 and $12,666, respectively 417,011 416,459
Other long-term liabilities 711 862
Total liabilities 538,811 536,169
Commitments and Contingencies (Note 13)
Stockholders’ deficit:    
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 19,785,107 and 19,668,603 shares at March 31, 2023 and December 31, 2022, respectively 20 20
Additional paid-in capital 126,504 125,406
Accumulated other comprehensive loss (8) (94)
Accumulated deficit (165,529) (140,513)
Total stockholders’ deficit (39,013) (15,181)
Total liabilities and stockholders’ deficit $ 499,798 $ 520,988