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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 83,068 $ 95,117
Short-term investments 27,671 27,669
Restricted cash 488 489
Accounts Receivable, after Allowance for Credit Loss, Current 39,975 45,232
Inventories 46,373 46,901
Prepaid expenses and other current assets 15,425 20,173
Total current assets 213,000 235,581
Property, plant and equipment, net 60,977 66,765
Operating lease right-of-use assets 13,315 13,823
Purchased intangible assets, net 1,280 1,468
Goodwill 1,115 1,115
Other long-term assets 4,808 4,912
Total assets 294,495 323,664
Current liabilities:    
Accounts payable 37,538 43,539
Current portion of long-term debt 3,026 3,232
Accrued and other current liabilities 32,672 42,053
Total current liabilities 73,236 88,824
Long-term debt, net of current portion 29,047 30,327
Operating lease liabilities, noncurrent 13,974 14,522
Other noncurrent liabilities 8,580 9,584
Total liabilities 124,837 143,257
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.0025 par value, 10,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.0025 par value, 100,000 shares authorized; at March 31, 2021, 51,009 shares issued and outstanding; at December 31, 2020, 50,457 shares issued and outstanding 128 126
Additional paid-in capital 599,744 597,460
Accumulated other comprehensive income (loss) (608) 1,735
Accumulated deficit (429,606) (418,914)
Total stockholders’ equity 169,658 180,407
Total liabilities and stockholders’ equity $ 294,495 $ 323,664