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Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,188 $ 55,358
Short-term investments 163,673 158,316
Accounts receivable, net 21,779 18,007
Inventories 22,066 19,293
Prepaid expenses and other current assets 4,277 3,924
Total current assets 240,983 254,898
Long-term investments 4,348  
Property and equipment, net 8,337 9,372
Restricted cash 0 155
Other non-current assets 7,196 5,260
Total assets 260,864 269,685
Current liabilities:    
Accounts payable 5,094 2,523
Accrued liabilities 18,928 21,965
Total current liabilities 24,022 24,488
Long-term debt 75,364 74,596
Other liabilities 8,336 6,726
Total liabilities 107,722 105,810
Commitments and contingencies (Note 7)
Stockholders' equity:    
Preferred stock, $0.001 par value Shares authorized: 5,000,000 at September 30, 2023 and December 31, 2022 Shares issued and outstanding: none at September 30, 2023 and December 31, 2022
Common stock, $0.001 par value Shares authorized: 100,000,000 at September 30, 2023 and December 31, 2022 Shares issued and outstanding: 38,907,789 and 38,355,972 at September 30, 2023 and December 31, 2022, respectively 39 38
Additional paid-in capital 539,831 507,715
Accumulated other comprehensive loss (284) (166)
Accumulated deficit (386,444) (343,712)
Total stockholders’ equity 153,142 163,875
Total liabilities and stockholders’ equity $ 260,864 $ 269,685