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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 179,516 $ 145,924
Marketable investments 0 171,390
Accounts receivable, net of allowance for credit losses of $7,985 and $2,497, respectively 49,829 45,562
Inventories, net 61,847 63,628
Other current assets and prepaid expenses 19,415 24,036
Restricted cash 700 700
Total current assets 311,307 451,240
Property and equipment, net 69,923 40,368
Deferred tax assets 528 590
Goodwill 1,339 1,339
Operating lease right-of-use assets 10,690 12,831
Other long-term assets 12,846 14,620
Total assets 406,633 520,988
Current liabilities:    
Accounts payable 31,373 33,736
Accrued liabilities 47,043 57,452
Operating lease liabilities 2,511 2,810
Deferred revenue 11,479 11,841
Total current liabilities 92,406 105,839
Deferred revenue, net of current portion 1,629 1,657
Operating lease liabilities, net of current portion 9,466 11,352
Convertible notes, net of unamortized debt issuance costs of $10,996 and $12,666, respectively 418,129 416,459
Other long-term liabilities 1,088 862
Total liabilities 522,718 536,169
Commitments and contingencies
Stockholders’ deficit:    
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 19,948,803 and 19,668,603 shares at September 30, 2023 and December 31, 2022, respectively 20 20
Additional paid-in capital 130,008 125,406
Accumulated other comprehensive income (loss) 0 (94)
Accumulated deficit (246,113) (140,513)
Total stockholders’ deficit (116,085) (15,181)
Total liabilities and stockholders’ deficit $ 406,633 $ 520,988