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Condensed Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 93,602,000 $ 110,231,000
Short-term investments 0 0
Accounts receivable, net 13,876,000 11,832,000
Inventories 17,726,000 17,851,000
Prepaid expenses and other current assets 2,564,000 3,412,000
Total current assets 127,768,000 143,326,000
Property and equipment, net 9,866,000 7,697,000
Restricted cash 232,000 232,000
Other non-current assets 5,134,000 5,370,000
Total assets 143,000,000 156,625,000
Current liabilities:    
Accounts payable 2,926,000 2,379,000
Accrued liabilities 16,744,000 19,802,000
Short-term debt 9,829,000 3,905,000
Total current liabilities 29,499,000 26,086,000
Long-term debt 38,901,000 44,786,000
Other liabilities 6,893,000 6,513,000
Total liabilities 75,293,000 77,385,000
Commitments and contingencies (Note 7)
Stockholders’ equity):    
Preferred stock, $0.001 par value Shares authorized: 5,000,000 at March 31, 2022 and December 31, 2021 Shares issued and outstanding: none at March 31, 2022 and December 31, 2021
Common stock, $0.001 par value Shares authorized: 100,000,000 at March 31, 2022 and December 31, 2021 Shares issued and outstanding: 35,073,602 and 34,980,896 at March 31, 2022 and December 31, 2021, respectively 35,000 35,000
Additional paid-in capital 373,053,000 367,907,000
Accumulated deficit (305,381,000) (288,702,000)
Total stockholders’ equity 67,707,000 79,240,000
Total liabilities and stockholders’ equity $ 143,000,000 $ 156,625,000