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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 86,707 $ 51,352
Accounts receivable, net 50,140 27,421
Inventories 171,801 172,906
Prepaid expenses and other current assets 9,545 5,334
Total current assets 318,193 257,013
Property and equipment, net 53,694 53,835
Intangible assets, net 485 499
Goodwill 3,530 3,530
Right-to-use assets 8,897 9,635
Deposits and other assets 5,819 4,670
TOTAL ASSETS 390,618 329,182
Current liabilities:    
Accounts payable 16,020 15,660
Accrued expenses and other current liabilities 27,535 32,919
Current portion of deferred revenue 143 182
Current portion of lease obligations 1,193 1,045
Total current liabilities 44,891 49,806
Senior notes payable, net of discount 101,326 130,594
Deferred revenue, net of current portion 1,583 1,690
End of term fee 1,688 1,688
Lease obligations, net of current portion 8,865 9,779
Other non-current liabilities 375 419
TOTAL LIABILITIES 158,728 193,976
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,236,378,607 and 226,063,032 shares issued and outstanding at September 30, 2024 and December 31, 2023 24 23
Additional paid-in capital 652,345 641,439
Accumulated deficit (420,479) (506,256)
TOTAL STOCKHOLDERS' EQUITY 231,890 135,206
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 390,618 $ 329,182