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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 51,352 $ 86,522
Accounts receivable, net 27,421 15,505
Inventories 172,906 163,280
Prepaid expenses and other current assets 5,334 5,095
Total current assets 257,013 270,402
Property and equipment, net 53,835 58,261
Intangible assets, net 499 1,013
Goodwill 3,530 3,530
Right-to-use assets 9,635 10,485
Deposits and other assets 4,670 4,770
TOTAL ASSETS 329,182 348,461
Current liabilities:    
Accounts payable 15,660 13,229
Accrued expenses and other current liabilities 32,919 24,990
Current portion of deferred revenue 182 143
Current portion of lease obligations 1,045 905
Total current liabilities 49,806 39,267
Senior notes payable, net of discount 130,594 142,833
Deferred revenue, net of current portion 1,690 1,833
End of term fee 1,688 1,500
Lease obligations, net of current portion 9,779 10,704
Other non-current liabilities 419 350
TOTAL LIABILITIES 193,976 196,487
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock, $0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common Stock - voting, $0.0001 par value, 300,000,000 shares authorized, 226,063,032 and 221,816,930 shares issued and outstanding 23 22
Additional paid-in capital 641,439 629,969
Accumulated deficit (506,256) (478,017)
TOTAL STOCKHOLDERS' EQUITY 135,206 151,974
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 329,182 $ 348,461