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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 116,797 $ 149,117
Restricted cash, current 579 638
Investment in non-marketable debt security 0 1,000
Financial assets:    
Accounts receivable 24,953 13,894
Contract assets ($0 and $450 from a related party) 4,557 4,526
Unbilled receivables 8,558 10,942
Total financial assets 38,068 29,362
Less: allowances (416) (74)
Total financial assets, net 37,652 29,288
Inventories 1,160 964
Prepaid expenses and other current assets 5,700 3,416
Total current assets 161,888 184,423
Restricted cash 1,519 1,062
Investment in non-marketable equity securities ($12,713 and $1,450 with a related party) 14,002 1,450
Right-of-use assets - Operating leases, net 44,095 21,382
Right-of-use assets - Finance leases, net 17 119
Property and equipment, net 21,345 9,675
Goodwill 3,241 3,241
Other non-current assets 276 294
Total assets 246,383 221,646
Current liabilities:    
Accounts payable 2,995 2,970
Accrued compensation 11,119 7,288
Other accrued liabilities 12,578 10,272
Current portion of lease obligations - Operating leases 4,093 2,627
Deferred revenue ($245 and $0 to a related party) 2,586 1,824
Total current liabilities 33,371 24,981
Deferred revenue, net of current portion 3,749 2,967
Long-term lease obligations, Operating leases 43,561 22,324
Other long-term liabilities 1,311 1,271
Total liabilities 81,992 51,543
Commitments and contingencies (Note 13)
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share; 5,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.0001 par value per share; 100,000 shares authorized; 65,109 and 64,283 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 6 6
Additional paid-in capital 552,083 536,516
Accumulated deficit (387,698) (366,419)
Total stockholders’ equity 164,391 170,103
Total liabilities and stockholders’ equity $ 246,383 $ 221,646