XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 180,654 $ 145,924
Marketable investments 41,949 171,390
Accounts receivable, net of allowance for credit losses of $5,011 and $2,497, respectively 53,079 45,562
Inventories, net 68,668 63,628
Other current assets and prepaid expenses 24,900 24,036
Restricted cash 700 700
Total current assets 369,950 451,240
Property and equipment, net 65,511 40,368
Deferred tax assets 547 590
Goodwill 1,339 1,339
Operating lease right-of-use assets 11,370 12,831
Other long-term assets 15,113 14,620
Total assets 463,830 520,988
Current liabilities:    
Accounts payable 34,240 33,736
Accrued liabilities 53,764 57,452
Operating lease liabilities 2,602 2,810
Deferred revenue 12,457 11,841
Total current liabilities 103,063 105,839
Deferred revenue, net of current portion 1,690 1,657
Operating lease liabilities, net of current portion 10,069 11,352
Convertible notes, net of unamortized debt issuance costs of $11,557 and $12,666, respectively 417,568 416,459
Other long-term liabilities 575 862
Total liabilities 532,965 536,169
Commitments and Contingencies (Note 13)
Stockholders’ deficit:    
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 19,901,600 and 19,668,603 shares at June 30, 2023 and December 31, 2022, respectively 20 20
Additional paid-in capital 128,014 125,406
Accumulated other comprehensive income (loss) 4 (94)
Accumulated deficit (197,173) (140,513)
Total stockholders’ deficit (69,135) (15,181)
Total liabilities and stockholders’ deficit $ 463,830 $ 520,988