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Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 50,427 $ 55,358
Short-term investments 138,640 158,316
Accounts receivable, net 19,956 18,007
Inventories 17,182 19,293
Prepaid expenses and other current assets 4,049 3,924
Total current assets 230,254 254,898
Long-term investments 15,285  
Property and equipment, net 8,897 9,372
Restricted cash 155 155
Other non-current assets 4,996 5,260
Total assets 259,587 269,685
Current liabilities:    
Accounts payable 5,272 2,523
Accrued liabilities 15,598 21,965
Total current liabilities 20,870 24,488
Long-term debt 74,848 74,596
Other liabilities 6,256 6,726
Total liabilities 101,974 105,810
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.001 par value Shares authorized: 5,000,000 at March 31, 2023 and December 31, 2022 Shares issued and outstanding: none at March 31, 2023 and December 31, 2022
Common stock, $0.001 par value Shares authorized: 100,000,000 at March 31, 2023 and December 31, 2022 Shares issued and outstanding: 38,708,441 and 38,355,972 at March 31, 2023 and December 31, 2022, respectively 39 38
Additional paid-in capital 517,663 507,715
Accumulated other comprehensive income (loss) 83 (166)
Accumulated deficit (360,172) (343,712)
Total stockholders’ equity 157,613 163,875
Total liabilities and stockholders’ equity $ 259,587 $ 269,685