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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 20,462 $ 20,023
Short-term investments 120,089 58,320
Accounts receivable, net 23,867 19,790
Inventory 4,037 2,062
Prepaid expenses and other current assets 4,337 4,100
Total current assets 172,792 104,295
Long-term investments 8,030 0
Property and equipment, net 26,464 9,158
Operating lease right-of-use assets 90,124 0
Goodwill 862 862
Other assets 7,940 3,208
Total assets 306,212 117,523
Current liabilities:    
Accounts payable 8,243 2,284
Accrued liabilities 32,586 26,688
Deferred revenue 1,251 1,223
Debt, current portion 1,944 0
Accrued interest 128 139
Operating lease liabilities, current portion 7,914 0
Total current liabilities 52,066 30,334
Debt, noncurrent portion 32,989 34,899
Deferred rent, noncurrent portion 0 153
Operating lease liabilities, noncurrent portion 85,748 0
Total liabilities 170,803 65,386
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.001 par value – 5,000,000 shares authorized at December 31, 2019 and 2018; and none issued and outstanding at December 31, 2019 and 2018, respectively 0 0
Common stock, $0.001 par value – 100,000,000 shares authorized at December 31, 2019 and 2018; 26,682,720 and 24,368,073 shares issued and outstanding at December 31, 2019 and 2018, respectively 25 23
Additional paid-in capital 395,695 257,955
Accumulated other comprehensive income (loss) 82 (16)
Accumulated deficit (260,393) (205,825)
Total stockholders’ equity 135,409 52,137
Total liabilities and stockholders’ equity $ 306,212 $ 117,523
Common stock, shares issued 26,682,720 24,368,073